HomeMy WebLinkAbout91-096~,....
+~~~ S Ups, +
..
.'~
4r 4+' __ ~
OQ'~' r ` %-_Q
_,:c~: :ra: BOARD OF SUPERVlS.ORS
a* ~ *~ GQUNTY QF' .BUTTE, STATE OF CALIFORNIA
%'6~ '~ : yrrr
3, ?~''•, ~, ~
*";~L'OUIS`~«*} ~esolufion No. gl-g&
`••na.s~**~
RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF BUTTE
AGREEING TO THE TAX SPLIT FOR THE TEN SEVENTY CORPORATION
ANNEXATION TO THE TOWN OF PARADISE
WHEREAS, property owners Ten Seventy Corporation have petitioned for
annexation of certain property to the Town of Paradise; and
WHEREAS, the 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
subsection 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 properly 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 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, 1990 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 20th day of August 1991, by
the fallowing vote:
AYES: Supervisors t;7cInturf, Houx, McLaughlin, Fulton d Chair Dolan
NOES: None ~,
ABSENT: None '~,
NOT VOTING: None ~ `~
N, CHAIRMAN
Board of Supervisors
ATTEST:
Will Randolph, 'ef Administrative Officer
and Clerk of the oard of Supervisors