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HomeMy WebLinkAboutRESOLUTIONS - 11281995 - 95-587 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Resolution on 1-1128/1995 , by the following vote: AYES: Supervisors Rogers, Smith, DeSaulnier, Torlakson, Bishop NOES: None ABSENT: None ABSTAIN: None Resolution No.95/5 8 7 (Revenue and Taxation Code Section 95.31) WHEREAS,Revenue and Taxation Code Section 95.31 provides that the County may elect to participate in the State-County Property Tax Administration Program, administered by the State, upon recommendation of the Assessor, and by resolution of the Board of Supervisors, adopted not later than December 1 of the fiscal year for which it is to apply; and WHEREAS,pending the execution of.a satisfactory contractual agreement,the County elects to participate in the State-County Property Tax Administration Program and to apply for a loan of $2,022,000 for fiscal year 1995-96;the County may make a similar election for fiscal years 1996-97 and 1997-98, or may elect to apply for a loan in a lesser amount; and WHEREAS,the County finds it necessary to apply for this loan to enhance its property tax administration system; reduce backlogs of new construction, changes in ownership, Proposition 8 declines in value; restore misfortune and calamity property values; prepare a defense for each Appeals case that is scheduled by the Assessment Appeals Board; and WHEREAS, in order to participate in the State-County Property Tax Administration Program,the County must enter into a contractual agreement with the State Department of Finance; WHEREAS,the Director of the Department of Finance shall determine whether the County has satisfied the terms and repaid the loan upon receipt of certification of the performance measures enumerated in the contractual agreement by the County Auditor; and WHEREAS, the Contra Costa County Assessor believes he or she can satisfactorily meet those terms; and WHEREAS, the funds obtained through this program shall not be used to supplant the current level of funding; and WHEREAS, such funding must equal the level in the 1994-95 fiscal year exclusive of the amount $593,400 provided to the Assessor's Office pursuant to Item 9100-102-001 of the Budget Act of 1994 and; WHEREAS, that funding level as determined by the Assessor's Office and the County Administrative Office of the County, is $7,503,192 in gross costs, and WHEREAS, it is in the best interest of Contra Costa County to take advantage of this program because it provides much needed funding for property tax administration. NOW,THEREFORE,BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE COUNTY OF CONTRA COSTA AS FOLLOWS: The County of Contra Costa elects to participate in the State-County Property Tax Administration Program and directs the County Administrative Officer with the advice and assistance of the Assessor to enter into negotiations for the purpose of producing a contractual agreement with the State Department of Finance to secure a loan or loans pursuant to this Program, as provided by Section 95.31 of the Revenue and Taxation Code, for(the 1995-96 fiscal year) each of the 1995-96, 1996-97, 1997-98 fiscal years. Upon satisfactory completion of the negotiations, the contractual agreement shall be submitted to the board for approval. This resolution shall remain operative until rescinded, but in no event shall it remain operative beyond June 30, 2000 unless otherwise permitted or authorized by law. The foregoing resolution was, on the 28th day of November 1995, adopted by the Board of Supervisors of the County of Contra Costa. I hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervisors on the date shown: ATTESTED: `i1 vv c, .2�) )� `- PHIL BATCHELOR, Clerk of the Board of Supervisors and County Administrator By: ,Deputy Contact: cc: Assessor RESOLUTION NO. 95/ 587