Tuolumne County Municipal Code Ch. 5.30 Economic Revitalization

MANUFACTURING PROPERTY TAX REBATES

Sections:

• 5.30.010

• Findings.

• 5.30.020

• Definitions.

• 5.30.030

• Purpose.

• 5.30.040

• Time frame.

• 5.30.050

• Agreement.

fiscal year and each fiscal year thereafter, the Tuolumne County Board of Supervisors shall have the authority, by a majority vote, to rebate some or all of the property tax revenue that the County would receive from economic revitalization manufacturing property for a period of five fiscal years from the date the property was placed in service. (Ord. 2174 § 1, 1997)

1. “Economic revitalization manufacturing property” means tangible personal property that meets all of the following requirements:

A. The property is directly involved in the manufacturing process in this County, and not in a preliminary or subsequent activity, or one incidental to manufacturing.

B. Use of the property will lead to the creation of at least ten (10) new full-time manufacturing jobs or positions at salary levels of at least ten dollars ($10.00) per hour (twenty thousand dollars ($20,000) per year), and those jobs or positions will continue in existence for a continuous five-year period.

C. A majority of the members of the Tuolumne County Board of Supervisors makes a finding, in its sole discretion, that the property is used in conjunction with the establishment or expansion of a manufacturing project or facility within the County’s jurisdiction, and that the property meets the requirements of subparagraphs A and B. In this connection, a majority of the Board of Supervisors is hereby authorized, but not required, to make the finding specified herein, and thereby authorize the rebate provided pursuant to this section.

2. “Manufacturing process” means the activity of converting or conditioning property by changing the form, composition, quality, or character of the property for ultimate sale at retail or use in the manufacturing of a product to be ultimately sold at retail.

3. “Ten or more new employees” mean a net increase by 10 or more of the total number of employees, as defined in Section 621 of the Unemployment Insurance Code, employed by the taxpayer in this County. The increase in the total number of employees employed in this County shall be determined by subtracting the total number of employees the taxpayer employed in the previous fiscal year from the total number of employee the taxpayer employed in the current fiscal year. The total number of employees employed in this County shall be equal to the sum of both of the following:

A. The total number of hours worked by employees in this County for the taxpayers who are paid an hourly wage divided by the applicable hours per week year.

B. The total number of months worked by salaried employees in this County for the taxpayer divided by the applicable months per work year.

4. “Applicable work year” means with respect to a worker paid an hourly wage, 2,000 paid hours and, with respect to a salaried employee, a total of 12 paid months. The applicable work year, in the case of a manufacturing project or facility that becomes operational and the denominator of which is 12.

An employee shall be deemed to be employed at a manufacturing project or facility if he or she utilizes the project or facility as his or her principal place of business.

If at any time within five years after granting a rebate pursuant to this section, the Board of Supervisors finds that the recipient taxpayer has not complied with the conditions of paragraph 1 subdivision B, the Board of Supervisors may recapture from that taxpayer all or any portion of the amount rebated. (Ord. 2174 § 1, 1997)

property that is placed in service on or after July 1, 1997. (Ord. 2174 § 1, 1997)

effect only until January 1, 2000, and on that date is repealed, unless a later enacted ordinance, which is

enacted before January 1, 2000, deletes or extends that date. (Ord. 2174 § 1, 1997)

enter into an agreement with a taxpayer to implement this section and the agreement shall be valid notwithstanding the subsequent repeal of this section. (Ord. 2174 § 1, 1997)