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AgdaPkt 2012-04-23
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AgdaPkt 2012-04-23
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Last modified
7/2/2012 3:14:08 PM
Creation date
4/19/2012 5:48:38 PM
Metadata
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
4/23/2012
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6.1. F. - Page 11 <br /> NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS: <br /> 1. The Parties agree to toll the applicable statutes of limitations for either party to <br /> file a claim, complaint, or petition against the other with respect to the calculation of the PTAF <br /> for the 2009-10 fiscal year, including, but not limited to, the applicable statutes of limitations for <br /> the City to file a complaint or pe�ition seeking a refund or reallocation to the City of the PTAF <br /> that the City contends the County overcharged the City for the 2009-10 fiscal year, which the <br /> City contends resulted in an under-allocation of property taxes to the City for the 2009-10 fiscal <br /> year. <br /> 2. The City and the County agree not to file any claims and not to initiate or <br /> participate in litigation against each other related to the PTAF for the 2009-10 fiscal year while <br /> this agreement is in effect. <br /> 3. This agreement constitutes the entire understanding of the Parties with respect to <br /> the tolling of the City's and the County's claims as set forth in Section 1 above, and correctly <br /> states the rights, duties, and obligations of each Party as of the effective date of this agreement. <br /> Any prior understandings, promises, negotiations, or representations between the parties not <br /> expressly stated in this document are not binding. <br /> 4. Subsequent modifications of this agreement, including but not limited to the <br /> extension or amendment of the agreement, shall not be valid or effective unless set forth in <br /> writing and signed by the Parties. The Parties anticipate that they may amend this Agreement to <br /> include claims brought by the City regarding the calculation of PTAF for future fiscal years. <br /> 5. The Parties hereby also incorporate sections 2, 3, 5, 8, 9, 10, and 11 of the Tolling <br /> Agreement into this Addendum. <br /> FOR THE COUNTY OF SAN MATEO <br /> Dated: r�P 0�0 t By: � __ <br /> Michael P. urphy <br /> County Couns 1 of the County of San Mateo � <br /> FOR THE CITY OF REDWOOD CITY: <br /> i � <br /> Dated: � �� �` � �� By: ���'Y1 �� � � <br /> �� �� <br /> amela Thompson <br /> City Attorney of the City of Redwood City <br /> 2 <br />
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