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HomeMy WebLinkAboutMINUTES - 05172005 - 2005 RES 302 RESOLUTION O. 2005/.302 Contra Costa County Administration'Building, Martinez, California DATE: MAY 17, 2005 A RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF CONTRA COSTA--APPLY FIVE-YEAR TIME PERIOD FOR TAX-DEFAULTED NON-RESIDENTIAL COI«RICAL PROPERTY WHEREAS. Assembly Bill 2144 (Stats 2004, chapter 944, section 35), which' became effective January 1, 2005, amends California Revenue and Taxation Code section 3691 to allow for a'three (3) year period after which non-residential commercial property may be sold'for default of taxes,which is shorter than the previously required period of five(5)years; and WHEREAS, Assembly Bill 2144 allows a County to elect by ordinance or resolution to opt out of the three-year default period and continue the five-year default period non- residential commercial property,retaining the current practice;and WHEREAS, the previous time period for which'any property could be in<default of its taxes prior to the power of sale was a uniform five (5) years, and this legislation allows a split roll by allowing a'three(3)year period for some properties and a five(5)year period for others;and WHEREAS,the Assessor's Roll does not currently distinguish between the different kinds of property subject to the two default periods; and WIEREAS, the Assessor's Roll would have to be enhanced to provide ;,this information to the Tax Collector, at possibly considerable cost to the County general fund; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF SUPERVISORS OF THE COUNTY OF CONTRA COSTA AS FOLLOWS: Section 1. The above recitals are true and correct. Section 2. The Board hereby approves the;continuation of the five-year period for tax-defaulted non-residential commercial property in accordance'with California Revenue and Taxation Code section 3691(a)(1)(B): Section 3. This resolution shall apply to property that becomes tax defaulted on or after January 1 2005. SUPERVISORS: A es 5-0 Noes NONE Abstain Absent 1 hereby certify that this is a true and correct Y copy' of an action taken.,and entered on the minutes of J,the Board of Supervisors on the SO ORDERED date shown. ATTESTED: Fav 1 2t)t)5 JOHN SWEETEN, Clerk of the Board of Supervisors and County Administrator RESOLUTION NO. 2005/302 By Deputy