HomeMy WebLinkAboutResolutions - 1976.07.29 - 14173GEN L GOVERNMENT
Lei
i'obert A. on, Chairman
July 29, 1976
MISC, RES, 7633
BY GENERAL GOVERNMENT COMMITTEE-ROBERT A. BUTTON, CHAIRMAN
RE: SUPPORT OF HB 6281, PROPERTY TAX ASSESSMENT OF REAL AND PERSONAL
-PROPERTY OF PUBLIC UTILITIES
TO THE OAKLAND COUNTY CARD OF COMMISSIONERS
Mr. Chairman, Ladies and Gentlemen;
WHEREAS, Section 27 of the General Property Tax Act defines the term 'cash value"
at 50% of which all real and personal property is to be placed upon the assessment rolls; and
WHEREAS, a serious challenge to this concept is being made by several public utilities
which, if successful, will have serious repercussions in tax assessing districts throughout the
State of Michigan and will erode property tax bases; and
WHEREAS, action has been brought by several utilities that has been transferred to
the Michigan Tax Tribunal; such action hoping to establish that utility property should be
assessed at its depreciated historical cost (approximately 25%) rather than present market
value; and
WHEREAS, passage of proposed legislation in HB 6281 would clarify the definition
of 'èash value" for assessment purposes and will not increase the property taxes borne by
Michigan utilities, but will merely prevent a dramatic decrease in such property taxes.
NOW THEREFORE BE IT RESOLVED that the Oakland County Board of Commissioners
hereby supports HB 6281 as being in the best interests of the County and so recommends to
the County Legislators.
The General Government Committee, by Robert A. Button, Chairman, moves the
adoption of the foregoing resolution.
#7633 July 29, 1976
Moved by Button supported5y Fortino the resolution be adopted.
A sufficient majority having voted therefor, the resolution was adopted.
STATE OF MICHIGAN)
COUNTY OF OAKLAND)
I, Lynn D. Allen, Clerk of the County of Oakland and
having a seal, do hereby certify that I have compared the annexed copy of
#.7.6.33..=V-IPPOtP.O. by. 9. PAK) . g 9Y r.1 .CR.F.11T: At
.hoe.l.d. pp. .JP)y. )97
with the original record thereof now remaining in my
office, and that it is a true and correct transcript
therefrom, and of the whole thereof.
In Testimony Whereof, I have hereunto set my hand and
affixed the seal of said County at Pontiac, Michigan
thisoo.o... ..... 000000 2.916—
Lynn Do Allen. . 0.P. .01.0 dir36,60 06e1711- Clerk
BY •••..06.n •••0• v 0 V- • 64. • e ..... • • Cr oDeputy Clerk