HomeMy WebLinkAbout87-060*:
BOARD OF SUPERVI~_C~RS
COUrJTY OF BUTTE,' STATE OF CALIFORNIA
Resolufion No. 87-60
RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF BUTTE
AGREEING TO THE TAX SPLIT FOR THE SMITH ET AL. ANNEXATION TO
THE TOWN OF PARADISE
WHEREAS, property owners Joe G. Smith et al. 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 proceed-
ings 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 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 5b/44~ split to be
effective July 1, 1987 and 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 21st day of April 19$7, by the following
vote:
AYES: Supervisors Fulton, McInturf, McLaughlin, Vercruse and Chair Dolan
NOES: None ~ ~~
ABSENT: None
NOT VOTING: None
daKNE ~OIJAN, Chair
Butte County Board of Supervisors
ATTEST: MARTIN J. NICHOLS
Chief Administrative Officer
and Clerk of the Board of Su
By ~~ ,/hv~ O i~