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t ;, ~ ~ <br />~~s ~ a2oa 3 - o ~ Z <br />i~~~~o~ <br />~'~ <br />NORTH CAROLINA <br />RESOLUTION REGARDING <br />ORANGE COUNTY LEGISLATIVE MATTERS <br />WHEREAS, the North Carolina General Assembly has in past <br />years enacted special. interest legislation that has had the <br />effect of eroding the property tax base, thereby weakening local <br />governments' ability to adequately perform their designated <br />functions; and, <br />WHEREAS, the Orange County Board of Commissioners opposes <br />these actions; <br />NOW THEREFORE BE IT RESOLVED by the Board of County <br />Commissioners of Orange County that the Board hereby requests <br />the Senator and Representatives representing Orange County take <br />the following positions on legislation regarding the following <br />matters: <br />1) Oppose Senate Bill 512, version 1, a copy of which is <br />attached as Exhibit A, and oppose all subsequent versions <br />or other bills that seek to change the method of <br />valuation for a motor vehicle for local property tax <br />purposes from the current standard of its true value in <br />money to any other standard, including the vehicles' <br />wholesale or "trade-in" value as proposed in ,the bill. <br />1 <br />