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HomeMy WebLinkAboutReso 93-347 - Opossing the implementation of an alternative procedure for the Dist of Property Taxes in the County of Shastan ,i RESOLUTION NO. '7-3—. el 7 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING OPPOSING THE IMPLEMENTATION OF AN ALTERNATIVE PROCEDURE 'i FOR THE DISTRIBUTION OF PROPERTY TAXES IN THE COUNTY OF SHASTA. I Il WHEREAS, Section 4701 et seq. of the Revenue and Taxation Code authorizes counties within the State of California to implement an alternative procedure for distributing property taxes; and WHEREAS, the Board of Supervisors of the County of Shasta has tentatively accepted the County Administrative Officer's recommendation to implement an alternative procedure for distributing property taxes in the County of Shasta; and WHEREAS, the City Council of the City of Redding has determined that this alternative procedure for distributing property taxes in the County of Shasta will result in a net loss of revenue to the City over an extended period of time; and WHEREAS, Section 4702 of the Revenue and Taxation Code provides participating revenue districts within a county with a mechanism to prevent a county from implementing such an alternative procedure for distributing property taxes; NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Redding as follows: 1. That the foregoing recitals are true and correct. 2. That it is deemed to be in the best interests Of the City of Redding to oppose the implementation of an alternative procedure for distributing property taxes in the County of Shasta. 3. That the City Council of the City of Redding respectfully requests that the City of Redding be exempted from this new procedure if it is implemented in the County of Shasta. I HEREBY CERTIFY that the foregoing Resolution was introduced and read at a regular meeting of the City Council of the City of Redding on the 21st day of September , 19 93 , and was duly adopted at said meeting by the following vote: AYES: COUNCIL MEMBERS: Anderson, Dahl, K , Pbss and Arne s NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAIN: COUNCIL MEMBERS: None _ i CARL ARNESS, Mayor ATTEST: FORM APPROVAL: i CONNIE STR09MAYER, City k RA DALL YS, City Attorney