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HomeMy WebLinkAboutMINUTES - 10041988 - 1.21 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTYs CALIFORNIA Adopted this Order on October 4, 1938 by the following vote: AYES: Supervisors Powers , Fanden, McPeak, Torlakson, NOES: None. ABSENT: Supervisor Schroder. ABSTAIN: None. SUBJECT: Settlement in Southern Pacific Pipelines v. ) Board of Equalization, ) et al . , L.A. Superior ) Court No. C502533 and ) C688460 ) Pursuant to recommendation of County Counsel, the Board of Supervisors of Contra Costa County hereby approves the settlement of the subject cases, as set forth in the August 25, 1988 letter of Deputy Attorney General Phillip C. Griffin, attached hereto, and authorizes the County Counsel to sign a stipulation to effect the settlement. 1 hereby certify that this is a true and correct copy of an action taken and entered on tiiee minutes of the Board of ftperv}sot�r� 7"ate wn. ���(J ATTESTED: _ PUPIL BATCHELOR, Cleric of the Board of Supervisors and County Administrator Deputy Orig. Dept.: Cc: County Administrator County Counsel Assessor Auditor-Controller qq'pp.l Os lM11 . OPV JOHN K. VAN DE KAMP State of California f Attorney General DEPARTMENT OF JUSTICE 3580 WILSHIRE BOULEVARD, ROOM 800 LOS ANGELES 90010 (213) 736-2304 August 25, 1988 County Counsel Victor J. Westman, County Counsel 1 1988 Contra Costa County Mtlrtlfl e , CA 943 Dennis C. Graves, Deputy County Counsel P. 0. Box 69, Co. Admin. Bldg. Martinez, California 94553 Dear Mr. Westman: SOUTHERN PACIFIC PIPE LINES, ,INC. v. BOARD OF EQUALIZATION OF THE STATE OF CALIFORNIA, et al.,;LASC NO.G502533;> SAN DIEGO PIPELINE. COMPANY v. BOARD OF 'EQUALIZATION OF THE STATE OF CALIFORNIA, et al. , LASC No. C 502532; SOUTHERN PACIFIC PIPE LINES, INC. v. BOARD OF QUALIZATION OF THE STATE OF CALIFORNIA, et al. , LASC No. C 688460; and SAN DIEGO PIPELINE COMPANY v. BOARD OF EQUALIZATION OF THE STATE OF CALIFORNIA, et al. ; LASC No. C 688463 Please be advised that the State Board of Equalization and Southern Pacific Pipe Lines, Inc. , and San Diego Pipeline Company have agreed to a settlement of all but two issues in the above entitled cases . The settlement is as follows: 1 . Southern Pacific Pipelines, Inc. assessed value will be reduced by the respective amounts .for the following assessment years 1980 through 1986 : Assessed Value Year Assessed Value Reduction (in thousands) (in thousands ) 1980 120,000 9 ,600 1981 125,000 10,000 1982 . 135,000 10,800 1983 157,000 12,560 1984 234,000 18,720 1985 263,000 21,040 1986 360, 000 28,800 1986 assessment. Added in 1987 19,620 1,570 Mr. Westman August 25, 1988 Page Two 2 . To the assessment reductions shall be added a percentage amount of 6% per annum for assessment year 1980 and a percentage amount of 9% per annum for the remainder assessment years 1981 through 1986, which interest shall accrue to the date of payment or credit of the tax refund much in the same fashion as interest would be added to a tax refund made pursuant to Revenue and Taxation Code section 5150 . 3 . The basic assessment reduction, plus any reduction in lieu of interest shall be given as credits against the annual assessment of Southern Pacific Pipe Lines and San Diego Pipelines in the tax assessment year 1989-90 . 4 . A Stipulation and Proposed Order shall be entered into by the parties that would accomplish the following: (a) All valuation issues described in paragraph 1 in paragraph 1 hereof would be dismissed from all pending lawsuits by plaintiffs SPPL and SDPC. (b) The lands and rights of way issue would remain in the cases recently filed. (c) The "tanks issue" for the years 1981-1982 and 1982-1983 wold be consolidated into the cases recently filed. The five year rule wold be waived as to this tank issue for thos earlier years . _ (d) The two recently-filed cases would be consolidated. The only issues in the consolidated cases would be assessment of the tanks (1981-1982 and 1982-1983 from the first cases and 1983 - 86 for the second cases) and lands and rights of way. (e) The trial date of October 13, 1988 would be vacated. A stipulation will be prepared and presented to the trial judge at the conference or before the conference scheduled for September 19, 1988 . It is anticipated that the trial will be continued because of the consolidation of all of the cases . I will keep you advised of further progress in the case. It is anticipated that the reduction and the allocation of next year' s assessment will take place in July of 1989, which will include both tax reduction and interest so that there will be no tax refund. r Mr. Westman August 25, 1988 Page Three Your acceptance and approval of the settlement is respectfully requested. It will be greatly appreciated if you would give this matter your prompt attention. Very truly yours, JOHN K. VAN DE KAMP gC.e GeneraGRIFFI Deputy Attorney General PCG/pt