Agmt09 San Mateo, County of - Laserfiche WebLink

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SECOND ADDENDUM TO AGREEMENT BETWEEN THE COUNTY OF SAN MATEO AND THE CITY OF REDWOOD CITY TO TOLL STATUTES OF LIMITATIONS FOR CLAIMS REGARDING PROPERTY TAX ADMINISTRATION FEES WHEREAS,the City of Redwood City(the"City") and the County of San Mateo (the "County") (collectively the"Parties")may become involved in litigation regarding the County's calculation of the property taac administration fee(the"PTAF") as related to the Triple Flip (Rev. &Tax Code § 97.68) and the Vehicle License Fee swap (Rev. &Tax Code § 97.70)that the County charges the City,pursuant to the Revenue and Taxation Code,beginning in the fiscal year 2004-05; WHEREAS,the City filed a claim with the County seeking a refund of the amount of PTAF that the City claims the County overcharged the City in the 2006-07 and 2007-08 fiscal years (the"2006-08 Claim"); WHEREAS,the Parties entered into a tolling agreement on February 18, 2009, a copy of which is attached hereto as Exhibit"A"(the"Tolling Agreement"); WHEREAS,the County denied the 2006-08 Claim on March 31, 2009; WHEREAS,the City filed a claim with the County seeking a refund of the amount of PTAF that the City claims the County overcharged the City in the 2008-09 fiscal year(the "2008-09 Claim"); WHEREAS,the County denied the 2008-09 Claim on December 15, 2009; WHEREAS,the County and the City agreed to an addendum to the Tolling Agreement, to bring the 2008-09 Claim within its scope, a copy of which is attached hereto as Exhibit"B" (the"First Addendum"); WHEREAS,the City has now filed a Claim with the County seeking a refund of the amount of PTAF that the City claims the County overcharged the City in the 2009-10 fiscal year (the"2009-10 Claim"); , WHEREAS,the City and County are aware that other cities and counties in other areas of the State are involved, or may become involved, in litigation concerning the calculation of the PTAF; WHEREAS,the Parties desire to avoid litigation in order to allow for additional time to evaluate the law as it develops on this state-wide issue; WHEREAS, the Parties now wish to bring the 2009-2010 Claim within the scope of the Tolling Agreement; 1