HomeMy WebLinkAboutMINUTES - 06151993 - 1.18 TO: BOARD OF SUPERVISORS
FROM: Victor J. Westman, County Counsel
By: Dennis C. Graves, Deputy
DATE: June 7 , 1993
SUBJECT: Settlement of Southern Pacific v SBE, No.81-4365(USDCNDCal)
SPECIFIC REQUEST(S) OR RECOMMENDATIONS) & BACKGROUND AND JUSTIFICATION
RECOMMENDATIONS
Approve settlement of the subject litigation and authorize the County
Counsel to sign all documents and take all other actions necessary to
complete the settlement.
FISCAL IMPACT
Settlement of the subject action will result in a payment to this
County of $71, 358 for the 1989-90 through 1992-3 fiscal years .
BACKGROUND/REASONS FOR RECOMMENDATIONS
The subject action is one of many- filed by the railroads operating . in
California to challenge the values assigned by the State Board of
Equalization and also to seek relief under the Federal 114R"
, Act. Pursuant to Court order, part of the taxes due for the four years
in question have been enjoined. Under the terms of the settlement, this
County will get back $71, 358 of the amount previously enjoined. We
believe this is a fair settlement, allowing the Counties to avoid
potentially greater losses and resolving all actions outstanding
through the 1992-3 fiscal year.
CONTINUED ON ATTACHMENT: YES SIGNATURE Lv
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDAT ON OF BOARD
COMMITTEE
APPROVE OTHER
SIGNATURE(S) :
ACTION OF BOARD ON `JUN 5 193 APPROVED AS RECOMMENDED OTHER
VOTE F SUPERVISORS
I HEREBY CERTIFY THAT THIS IS A
UNANIMOUS (ABSENT) n- TRUE AND CORRECT COPY OF AN
AYES: NOES: ACTION TAKEN AND ENTERED ON THE
ABSENT: ABSTAIN: MINUTES OF THE BOARD OF
SUPERVISORS ON THE DATE SHOWN.
Orig: County Counsel ATTEST June 15, 1993
cc: Auditor PHIL BATCHELOR, CLERK OF
THE BOARD OF SUPERVISORS
COUNTY ADMINISTRATOR
BY , DEPUTY
CONTACT:
cc:
c:spset.doc