Laserfiche WebLink
<br />continue to file claims with the County for the lost PT AF funds each fiscal year, until <br />either the agreement is terminated or the dispute is resolved. <br /> <br />This tolling agreement, is also being offered to the cities of Brisbane, Burlingame, <br />Calma, East Palo Alto, Foster City, Menlo Park, Millbrae, Pacifica, Portola Valley, San <br />Bruno, San Carlos, San Mateo, South San Francisco, and Woodside. After the <br />Peninsula cities have executed their tolling agreements, they will be presented to the <br />Board of Supervisors for the County's authorization to toll the statute of limitations. <br /> <br />FISCAL IMPACT <br />None. If cities in California prevail on this issue, the City could recover property tax <br />allocation reimbursements of approximately.$51 ,000 per fiscal year starting in the 2006- <br /> <br /> <br />07pif;~ . ~ / <br /> <br />Brian P - nty pete~ <br />Finance Director City Manager <br /> <br /> <br />ATTACHMENT <br />1. Agreement Between the County of San Mateo and the City of Redwood City to <br />toll statutes of limitations for claims regarding property tax administration fee <br /> <br />2 <br /> <br />6.1F <br />Page 2 <br />