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HomeMy WebLinkAboutMINUTES - 02142012 - C.60C.60 To: Board of Supervisors From: Robert Campbell, Auditor-Controller Date: February 14, 2012 Contra Costa County Subject:DISTRIBUTION OF STATE HIGHWAY PROPERTY RENTAL REVENUE APPROVE OTHER RECOMMENDATION OF CNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE Action of Board On: 02/14/2012 APPROVED AS RECOMMENDED OTHER Clerks Notes: VOTE OF SUPERVISORS AYES 4 NOES ABSENT 1 ABSTAIN RECUSE Contact: Jay Wilverding (925) 646-2225 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: February 14, 2012 David J. Twa, County Administrator and Clerk of the Board of Supervisors By: June McHuen, Deputy cc: RECOMMENDATION(S): APPROVE and AUTHORIZE the Auditor-Controller, or designee, to distribute the 2010-11 State Highway property rental revenue in the amount of $46,097.52 to the County Road Fund and to eligible cities pursuant to the provisions of Section 104.10 of the Streets and Highways Code and as recommended by the County Auditor-Controller, as follows: County Road Fund $43,937.52 City of Lafayette $ 2,160.00 TOTAL $46,097.52 FISCAL IMPACT: This action has no impact on the General Fund; the County Road Fund will r eceive $ 43,937.52. BACKGROUND: Section 104.6 of the Streets and Highways Code authorizes the State Department of Transportation to lease any lands it holds which are not presently needed for State highway purposes and provides that 24 percent of such rental revenue shall be allocated pursuant to Section 104.10. Section 104.13 provides that all funds distributed to the County shall be deemed to be in full or partial payment of the possessory interest taxes due on such leased properties. The recommended distribution is in accordance with these State laws.