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HomeMy WebLinkAbout86-127~` 'i~ ~ ~; "; COUNTY OF;'BLUTTE," STATE 4F C4LIFORNIA s'~ . ~~ yr+ ~~ ''q'~ ~esajufion No. 86727 ~~, ~~ RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF BUTTE AGREETNG TO THE TAX SPLIT FOR THE WILLIAMS, MORRISON, McCOMBS ANNEXATION TO THE TOWN OF PARADISE WHEREAS, property owners Jerry and Margaret Morrison, William and Elizabeth Williams, and Fred and Dorothy McCombs have petitioned for annexation of certain property to the Tawn of Paradise; and WHEREAS, the Master Property Tax Agreement entitled "Agreement between Butte County and Cities regarding the negotiated exchange of property tax revenues related to jurisdictional change {in accordance with Revenue and Taxation Code §99, added by Chapter 282, Statutes of 1979, and amended by Chapter 1161 of the Statutes of 1979), {agreement amended January 31, 1980)," does not specify' the sharing ratio between the Town of Paradise and the County of Butte; and WHEREAS, it is necessary for an agreement to be reached on the exchange of property taxes between the two entities before the annexation can be legally complete; and WHEREAS, the County' of Butte does not wish to delay annexation proceed- ings requested by these property owners. NOW, THEREFORE, BE TT RESOLVED that the County of Butte agrees to a property tax split for the above-mentioned annexation with 56% of the property tax revenue allocable to the Town and County to be retained by the Town, and 44% of said property tax revenue to be paid to the County. Said 56/44% split to be effective July 1, .19$7 anal remain in effect following annexation of said prop- erties to the incorporated limits of the Town of Paradise until otherwise agreed to by the Town and County through an appropriate Master Agreement. PASSED AND ADOPTED this 7th day of October 19$6, by the following vote: AYES: Supervisors Dolan, Fulton, McInturf, Wheeler. and Chairman McLaughlin NOES: None ABSENT: None NOT VOTING: None ~~ n ~ ~U ~~ ED McLAUGHLIN, Cha man Butte County Board of Supervisors