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HomeMy WebLinkAbout86-136•~: 'aa: BOARD QF SUPERVISQRS COUNTY OF BUTTE, STATE OF' CALIFORNIA Resolufion No. 86-136 RESOLUTION OF THE BOARB OF SUPERVISORS OF THE COUNTY OF BUTTE AGREEING TO THE TAX SPLIT FOR THE KNUDSEN ET AL. ANNEXATION TO THE TOWN OF PARADISE WHEREAS, property owners William Knudsen and Cheryl Knudsen and others have petitioned for annexation of certain property to the Town 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 proceedings requested by these property owners. NOW, THEREFORE, BE IT RESOLVED that the County of Butte agrees to a property tax split for the above-mentioned annexation with 567 of the property tax revenue allocable to the Town and County to be retained by the Town, and 447 of said property tax revenue to be paid to the County. Said 56/447 split to be effective July 1, 1987 and remain in effect following annexation of said properties 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 21St day of October ~ 1986, by the following vote: AYES: Supervisors Dolan, Fulton, McInturf, Wheeler and Chairman McLaughlin NOES: None ABSENT: None ~ NOT VOTING: None ~ L ED McLAUGHLIN, Cha' an Butte County Board of Supervisors ATTEST: MARTIN J. NICHOLS Chief Administrative Officer and tCl~erk of the Board of Supervisors