Laserfiche WebLink
ECOX - i~ NCE Y <br />STATE OF NORTH CAROLINA ) <br />AGREEMENT <br />COUNTY OF LEE ) <br />THIS AGREEMENT, made and entered into this the day of <br />2001, by and between the County of Lee, hereinafter referred to as "the County", and the <br />City of Sanford, hereinafter referred to as "the Municipality;" <br />WITNESSETH: <br />THAT WHEREAS, the City of Sanford desires for Lee County, by and through <br />its appointed tax collector, to collect current and delinquent municipal taxes by methods <br />set forth in Chapter 105, Article 26 of the North Carolina General Statutes; and <br />WHEREAS, the City of Sanford, by action of its Board of Aldermen dated the <br />23`d day of May, 1995, requested Lee County to collect current and delinquent ad <br />valorem municipal property taxes and delinquent special assessments; and <br />WHEREAS, Lee County, by action of the Board of Commissioners on the 5m <br />day of June, 1995, agreed to collect current and delinquent municipal taxes for the City of <br />Sanford; and <br />WHEREAS, the County and the Municipality have reached an agreement <br />concerning the collection of municipal ad valorem property taxes by the County and <br />desire to reduce this agreement to writing; <br />NOW, THEREFORE, in consideration of the payment hereinafter mentioned, the <br />mutual promises herein contained, and the mutual benefits to result therefrom, the County <br />and the Municipality agree as follows: <br />Pursuant to the provisions of Article 20 of Chapter 160A of the General Statutes <br />of North Carolina and North Carolina General Statute §153A-445, the County and <br />Municipality agree as follows: <br />1. The term of this contract shall be from July 1, 2001 until June 31, 2002, <br />and shall be renewed automatically thereafter unless terminated in writing by either party <br />on or before the 31" day of December. <br />2. For the listing of property and the billing and collection of property taxes <br />and garbage fees, excluding motor vehicles, in the City of Sanford and the Central <br />Business District, the Municipality agrees to pay to County one percent (1%) of the <br />amount of funds collected on or before June 30, 2002, and thereafter one and one-half <br />percent (1.5%) of the amount collected. <br />010 <br />The County agrees to review this fee annually and to notify the Municipality of <br />any increases/decreases by December Is' prior to the July I" effective date. <br />