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�� FOURTH 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 tax 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; WHEREAS,the Parties entered into a tolling agreement on February 18, 2009 (the "Tolling Agreement"); WHEREAS,the City subsequently filed clauns with the County seeking refunds of the amount of PTAF that the City claims the County overcharged the City in the 2008-09, 2009-10, and 2010-11 fiscal years, and the County denied these claims; WHEREAS,the County and the City agreed to and signed addenda to the Tolling Agreement that extended the Tolling Agreement to the City's claims for the 2008-09, 2009-10, and 2010-11 fiscal years and extended the expiration date of the Tolling Agreement to July 1, 2013. A copy of the Tolling Agreement and the addenda for the 2008-09, 2009-10, and 2011-12 fiscal years is attached hereto as E�ibit "A"; 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 2011-12 fiscal year(the "2011-12 Claim") and the County has rejected this claim; WHEREAS, the Parties are continuing to discuss a resolution of these claims, and in order to do so without resorting to litigation the Parties wish to bring the 2011-12 Claim within the scope of the Tolling Agreement and to extend the expiration date of the Tolling Agreement to December 31, 2013. NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS: 1. The Parties agree to toll the applicable statutes of limitations for either party to file a claim, complaint, or petition against the other with respect to the calculation of the PTAF for the 2011-12 fiscal year, including, but not limited to, the applicable statutes of limitations for the City to file a complaint or petition seeking a refund or reallocation to the City of the PTAF that the City contends the County overcharged the City for the 2011-12 fiscal year, which the City contends resulted in an under-allocation of property taxes to the City for the 2011-12 fiscal year. 1 ATTY/AGR/2013.103/FOURTH ADDENDUM PTAF