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HomeMy WebLinkAbout93-156Resolufion RESOLUTION OF BOARD OF SUPERVISORS OF THE COUNTY OF BUTTE ELECTING THE ALTERNATIVE METHOD OF DISTRIBUTION OF PROPERTY TAX LEVIES AND ASSESSMENTS WHEREAS, Chapter 3 {commencing with Section 4701} of Part S of Division 1 0~ the California Revenue and Taxation Code {hereinafter called "the Act"} authorizes a county to elect by resolution to adopt an alternative method of distribution of property tax levies and assessments on the secured roll made by a county on its behalf or as the tax-levying and tax-collecting agency for other political subdivisions; and WHEREAS, upon election, the alternative method is applicable to all property tax levies and assessments made by the county on behalf of all public districts except those for which the county treasury is not the legal depositary and which da not agree by resolution adopted not later than October 15,-1993 to participate in such an alternative method; and WHEREAS, the Act requires that the county establish a tax loss reserve fund which shall be used exclusively to cover losses which may occur in the amount of tax liens as a result of special sales of tax-defaulted property; and WHEREAS, the Board of Supervisors of the County of Butte desires to implement the alternative method authorized by the Act. NOW, THEREFORE, BE IT RESOLVED by the Board of Supervisors of the County of Butte that the Board hereby elects, pursuant to Section 4702 of the Revenue and Taxation Code to place into effect in the County the alternative methods of distribution of property tax levies authorized by the Act for the 1993-94 fiscal year and for all following years until discontinued pursuant to the provisions of the Act. BE IT FURTHER RESOLVED, that the Board of Supervisors of the County elects, pursuant to Section 4702.5 of the Revenue and Taxation Code to extend the procedure provided by the Act to assessments that are entered an the secured tax roll for the current year. BE IT FURTHER RESOLVED, that the Board of Supervisors of the County elects, pursuant to Section 4713 of the Revenue and Taxation Code, to make the procedures provided for therein applicable to delinquent taxes and assessments for the years prior to the 1993-94 fiscal year. BE IT FURTHER RESOLVED, by the Board of Supervisors that the Auditor-Controller and the Treasurer-Tax Collector of the County shall establish and maintain a tax losses reserve fund in accordance with the provisions of Section 4703 of the Revenue and Taxation Code. BE IT FURTHER RESOLVED, that the Auditor-Controller and the Treasurer-Tax Collector shall comply with all provisions of the Act necessary to carry out the purpose and intent of this resolution. BE IT FURTHER RESOLVED, by the Board of Supervisors of the County that this alternative method of distribution shall be applicable, pursuant to Section 4715 of the Revenue and Taxation Code, to those public districts for which the County Treasury is not the legal depository and which have agreed thereto by a resolution of their governing boards adopted not later than October 15, 1993. BE YT FURTHER RESOLVED, by the Board of Supervisors of the County that the Auditor-Controller and the Treasurer-Tax Collector and aii other officers and employees of the County shall do and perform all things necessary to carry out the purpose and intent of this resolution. On a motion by Supervisor Thomas seconded by Supervisor Meyer , the foregoing Resolution was passed and adopted by the Board of Supervisors of the County of Butte, State of California, this 12th day of October, 1993, by the following vote, to wit: AYES; Supervisors Meyer, Dolan, McLaughlin, '~homas and Chair Houma NOES; -None ABSENT; None _ - NOT VOTING; None r i` ;~ Mary An oux, Chair of th Board o Supervisors of Butte County, California (SEAL) (ATTEST): John S. Blacklock Chief Administ five Officer and C1 r of the Board BY ~ L ~~ a.~~- Butte County (res.tet)