Title
Approve and authorize the Assessor or their designee to execute a retroactive agreement with the California Assessors’ Association (a non-profit assoc.), Harold W. Bertholf, Inc. (a California Professional Corp (contractor)), and the Participating Assessors in Counties containing oil, gas and geothermal energy-producing properties, for a Petroleum & Geothermal Property Sales Study at an annual cost of $970 per year for a two year term of November 1, 2024 through and including October 31, 2026.
Report
RECOMMENDATION:
It is recommended that the Board of Supervisors:
Approve and authorize the Assessor or their designee to execute a retroactive agreement with the California Assessors’ Association (a non-profit assoc.), Harold W. Bertholf, Inc. (a California Professional Corp (contractor)), and the Participating Assessors in Counties containing oil, gas and geothermal energy-producing properties, for a Petroleum & Geothermal Property Sales Study at an annual cost of $970 per year for a two year term of November 1, 2024 through and including October 31, 2026.
SUMMARY/DISCUSSION:
The County of Monterey has entered into an agreement with the California Assessors’ Association and Harold W. Bertholf, Inc. The California Assessors’ Association is composed of all California County Assessors. The Assessors of the Counties of Colusa, Humboldt, Los Angeles, Sacramento, Sutter, Contra Costa, Kern, Monterey, San Luis Obispo, Ventura, Fresno, Kings, Orange, Santa Barbara and Yolo are members of the California Assessors’ Association and together comprise the “Participating Assessors”. They have agreed to enter into this agreement with the California Assessors’ Association and Harold W. Bertholf, Inc. to gather, coordinate and analyze sales and property information data from oil, gas and geothermal energy-producing property sales within each of their respective Counties to share the information and analysis among themselves for purposes of property tax appraisals.
The Calif...
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