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HomeMy WebLinkAboutRES NO 148-90RESOLUTION NO. 148-90 A RESOLUTION OF THE COUNCIL OF THE CITY OF BAKERSFIELD CERTIFYING THE AMOUNT OF THE WILLIAMSON ACT CANCELLATION FEE TO BE PAID TO THE KERN COUNTY TREASURER FOR CANCELLATION OF THE WILLIAMSON ACT CONTRACT ON A PORTION OF THE POLO GROUNDS. tion of follows: WHEREAS, the landowner of a site has requested cancella- the Williamson Act Contract for that site identified as Lots 1 to 8 and lots 17 to 20 both inclusive of the Jewetta and Raine Subdivision No. 1, as shown on th.e map of said subdivision, recorded January 8, 1914 in Book 3, Page 3, records of Kern County Recorder, containing 240 acres, more or less; and WHEREAS, tke Kern County Assessor was requested to determine the fair market value and cancellation fee; and WHEREAS, THE Kern County Assessor determined market value of the subject site is $2,567,000.00 and same to the City Council; and the fair certified WHEREAS, pursuant to Government Code Section 51283(b), the cancellation fee is 12-1/2 percent of the fair market value which is equal to $2;20,875.00 on this particular property; and WHEREAS, the cancellation fee of $320,875.00 must be paid to the Kern County Treasurer by the property owner within one year of tentative cancellation of the Williamson Act Contract; and WHEREAS, if the cancellation fee is not paid within one year of approving tentative contract termination, the fair market value and cancellation fee will be recalculated and such recalcu- lated fee will supersede the presently certified Kern County Assessor's fee. NOW, THEREFORE, IT IS HEREBY RESOLVED and found by the Council of the City of Bakersfield as follows: 1. The above recitals, incorporated herein, are true and correct. 2. The fee for cancellation of the Williamson Act Contract on assessors parcels 360-140-08, 360-140-09, 360-140-10 and 360-140-11 shall be $320,875.00, to be paid by the landowner to the County Treasurer as deferred taxes upon cancellation. 3. The amount of said fee is hereby certified to the County Auditor. .......... o0o .......... -2- I HEREBY CERTIFY that the foregoing Resolution was passed and adopted by the Council of the City of Bakersfield at a regular meeting thereof held on NOV ? 1~90 by the following vote: AYES: COUNCILMEMBERS: EDWARDS, ?~MOND, SMITH, ~RUNNI. PETERSON, McdERMOTt, $ALVAGGIO NOES; COUNCiLMEMBERS: ,/F~ ABSENT COUNCiLMEMBErS: ABSTAIN: COUNCILMEMBERS' CITY CLERK and ~x-O icio C er of the Council of the City of Bakersfield APPROVED r. his NOV 7 1990 MAYOR of the City of Bakersfield APPROVED as to form:: ROBERT M. SHERFY / ~' ACTING CITY ATTORNEY ~f the City of Bakersfield r/rwc pjt