HomeMy WebLinkAboutAgenda - 04-17-2000-8eORANGE COUNTY
BOARD OF COMMISSIONERS
ACTION AGENDA ITEM ABSTRACT
Meeting Date: April 17, 2000
Action Agenda
Item No. 8- e,
SUBJECT: Property Value Changes
DEPARTMENT: Assessor's Office PUBLIC HEARING: (Y/N) No
ATTACHMENT(S): INFORMATION CONTACT:
John Smith, ext 2101
Spreadsheet
Value Change Resolution TELEPHONE NUMBERS:
Hillsborough 732-8181
Chapel Hill 968-4501
Durham 688-7331
Mebane 336-227-2031
PURPOSE: To consider approving value changes made in property values for 1999 after the
1999 Board of Equalization and Review has adjourned.
BACKGROUND: North Carolina General Statute 105-325(a) provides in part that "After the
board of equalization and review has finished its work and the changes it affected or ordered
have been entered on the abstracts and tax records as required by G.S. 105-323, the board of
county commissioners shall have the authority to make changes on the abstract and tax
records." This section enumerates the circumstances under which a board of commissioners
can make valuation changes.
The Orange County Board of Equalization and Review adjourned on June 17, 1999. Since that
time, the developer of Scottland Estates, LLC, a subdivision located on the west side of State
Road 1119 (Nicks Road), brought it to our attention that the subdivision had not received final
approval and that required infrastructure, particularly roads, did not exist in this subdivision as of
January 1, 1999. Therefore, the values should be adjusted accordingly.
FINANCIAL IMPACT: Approval of these changes will reduce assessed value by $342,180 for
1999. This will result in a net reduction in revenue of $3,301.26 to the County, municipalities,
and special districts.
RECOMMENDATION: The Manager recommends that the Board adopt the resolution
approving the attached value changes.
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3
NORTH CAROLINA
ORANGE COUNTY
VALUE CHANGE RESOLUTION
Whereas, North Cazolina General Statutes 105-325 empowers the Boazd of County
Commissioners to order changes to tax records after the Boazd of Equalization and Review has
adjourned; and
Whereas, the Boazd of Equalization and Review has adjourned for this yeaz.
NOW, THEREFORE, IT IS RESOLVED BY THE BOARD OF COUNTY
CONIlVIISSIONERS OF ORANGE COUNTY THAT the recommended property tax value changes aze
ordered.
Upon motion duly made and seconded, the foregoing resolution was passed by the following
votes:
Ayes: Commissioners
Noes:
I, Beverly A. Blythe, Clerk to the Boazd of Commissioners for the County of Orange, North
Cazolina, DO HEREBY CERTIFY that the foregoing has been cazefully copied from the recorded
minutes of the Boazd of Commissioners for said County at a regulaz meeting of said Boazd held on
said record having been made in the Minute Book of the minutes of said Board, and is
a true copy of so much of said proceedings of said Boazd as relates in any way to the passage of the
resolution described in said proceedings.
WITNESS my hand and the corporate seal of said County, this day of
2000.
Clerk to the Boazd of Commissioners