HomeMy WebLinkAboutRESOLUTIONS - 08302004 - 70-543 IN THE BOARD OF SUPERVISORS
OF
CONTRA COSTA COUNTY, STATE Of CALIFORNIA
In the ;Matter of Adding )
Escaped Assessments to ) RESOLUTION NO. 70/543
the Assessment Roll
The Board of Supervisors of Contra Costa County RESOLVES THAT:
The County Assessor having recommended the addition to the
roll of escaped assessments as indicated below; and
It having been ascertained by audit of the assessee' s records
that the assessee omitted to report the cost of personal property
accurately or did not report taxable tangible property accurately to
the extent that this omission caused the assessor not to assess the
-
property or to assess it at a lower valuation than he would have
entered upon the roll were the cosi reported accurately, therefore,
that portion of the property as to which the cost was inaccurately
reported or which was not reported should be entered on the Escaped
Assessment Roll in accordance with the sections of the California
Revenue and Taxation Code as cited herein, together with interest
on taxes in accordance with Section 506
The County Auditor be and is hereby directed to correct the
following assessments :
For the Fiscal Year 1970 - 1971
In Code Area 66026, Parcel No. 368!-090-001, Port Costa,
Products Co. should have entered the following escaped assessments :
For the Area Assessed Pursuant to
Year Code Classification Value R&TSection
1966-67 66026 Personal Property $ 5,790 531 . 3
1967-`68 66026 Personal Property 15,590' 531. 3
1968->69 66026 Personal Property 15,800 531. 3
Improvements 992,400 531 & 531. 4
1969-70 66026 Personal Property 8,740 531. 3
ImDrovements 885,750 531 & 531. 4
Assessee has agreed, pursuant to its offer, dated August 2,1,
1970, to waive notice of proposed levy of escaped assessment and
equalization thereof.
Upon recommendation of the Assessor, the Beard finds that the
penalty provided in Section 50 4 of the Revenue and Taxation Code``'
is not applicable herein and., accordingly , no penalty is imposed
hereby.
The entry of the'-above-described assessed values on the roll
for the years indicated, and the assersee 's agreement thereto is
not regarded as an admission or acknowledgment on the part or on
behalf of assessee to the correctness of all or, any assessed values
levied by the Assessor upon said Parcel> No.: 368.-090--001 for the
fiscal tax year 1970-71, exclusive of said escaped assessments
-1-
RESOLUTION NO. 70/54
being added thereto .
PASSED AND ADOPTED this 25th day of August , 1970, by this Board.
PWB:btn*
cc: Assessor (Mrs Kettle)
Auditor
Tax Collector
County Counsel -2-
RESOLUTION NO,. 70/543