Mills Act Workshop – County of Santa Clara

February 26, 2014 Posted by Franklin Maggi

County Assessor Larry Stone has announced that his office will be holding a Mills Act workshop on March 20, 2014 at 5:15 in the Board Chambers at the County Administration Building on Hedding Street, San Jose. His words are below:

I write to inform you of an invitation I received from the Santa Clara County Historical Heritage Commission for my office to provide a workshop on the Mills Act, which provides property tax relief to encourage the preservation of qualifying historical properties.  The hour-long workshop is scheduled for Thursday, March 20, 2014 at 5:15 PM in the Santa Clara County Board Chambers, 70 W. Hedding Street, San Jose.
 
In addition to my brief remarks, Senior Appraiser Vickie Lopez will lead a detailed PowerPoint presentation followed by questions from the audience.  Her presentation will cover several topics as they relate to valuation of Mills Act properties:
·         Assessor’s role in valuing annual assessments for Mills Act participants
·         Benefits to property owners
·         Benefits to local municipalities
·         Valuation process of the Mills Act with examples
·         State regulations governing valuations of Mills Act properties
·         Examples of how the tax incentive values are calculated
 
Since Mills Act contracts are between the local jurisdiction and the property, this presentation will not cover the process of entering into Mills Act contract and is geared more toward policymakers and administrators. 
 
As someone who has worked on these issues in your community I wanted to extend an invitation to you to attend this workshop.  In addition, I encourage you to forward this invitation to others you think may be interested.  While you do not need to RSVP to attend, we would appreciate knowing in advance if you are attending so that we may know how many hand-outs to prepare.
 
Please RSVP to Debra Lee at debra.lee@asr.sccgov.org.  As always, if you have specific assessment-related questions about the Mill’s Act, please email Vickie Lopez (vickie.lopez@asr.sccgov.org).
 
Sincerely,
 
 
Lawrence E. Stone
Assessor

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