RESOLUTION NO. 1332

A RESOLUTION OF THE COUNCIL OF THE CITY OF SALISBURY, MARYLAND ACCEPTING A TAX DIFFERENTIAL STUDY AND AUTHORIZING SUBMITTING A REQUEST TO WICOMICO COUNTY FOR A TAX DIFFERENTIAL

WHEREAS, the General Assembly of the State of Maryland has authorized counties, and the cities located therein, to meet and discuss tax setoffs of county property taxes to recognize that certain tax supported county services are not provided within the incorporated areas of these counties; and

WHEREAS, the City of Salisbury desires to arrange such a discussion with Wicomico County, and

WHEREAS, the City of Salisbury Finance Department has prepared a study to determine whether there was a basis for the City to request a tax setoff from Wicomico County, and

WHEREAS, the Finance Department has completed such a study and has determined that the City is entitled to request that the County reduce its property tax rate for property within the City limits by $.088 per $100 of assessed valuation, and

WHEREAS, the City Council finds that the study fairly and accurately sets forth the computations for a tax setoff;

NOW, THEREFORE, BE IT RESOLVED that the Salisbury City Council hereby accepts the study prepared by the City Finance Department, dated November 1, 2005, and, on the basis of this study, authorizes submitting a request for a tax differential to Wicomico County in the form of the attached letter to the Wicomico County Council.

THE ABOVE RESOLUTION was introduced and duly passed at a meeting of the Council of the City of Salisbury, Maryland held on November 28, 2005 and is to become effective immediately upon adoption.

ATTEST:

______________________ __________________________

Brenda J. Colegrove Michael Dunn

CITY CLERK PRESIDENT, CITY COUNCIL

Approved by me this _______ day of ___________________, 2005

____________________________

Barrie P. Tilghman

MAYOR, City of Salisbury