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<br /> <br />Resolution No. 2006- <br /> <br />RESOLUTION SUPPORTING PROPERTY TAX RELIEF <br />LEGISLA TION <br /> <br />WHEREAS, the members of the Cabarrus County Board of <br />Commissioners, as required by Statutes, are charged with the <br />responsibility of placing equitable property values on all property <br />within their county; and <br /> <br />WHEREAS, the values placed on some property has <br />escalated as much as threefold and fourfold by the recent revaluation prices; and <br /> <br />WHEREAS, these increased values have caused a financial hardship for a number of <br />homeowners, specifically those with limited income desiring to live in their homes for the <br />remainder of their lives. Realizing that the Board of Commissioners, through the process of <br />property owner appeals to the Board of Equalization and Review, acknowledges it has exhausted <br />all efforts for assistance to these financial burdened homeowners. Cabarrus County <br />Commissioners unanimously agrees that unless relief from the increased property tax is provided <br />to the elderly and low income homeowners, many will be deprived of the necessities of life or be <br />forced to involuntarily sell their homes and start a new life at other locations. <br /> <br />NOW, THEREFORE, BE IT RESOLVED that the Cabarrus County Board of <br />Commissioners hereby directs its Clerk to forward this resolution to our representatives in the <br />General Assembly, requesting them to introduce and support legislation similar to property tax <br />legislation that is currently in effect in thirty-five State governments that will bring property tax <br />relief for qualified elderly and low income homeowners. <br /> <br />Adopted this 18th day of December, 2006. <br /> <br />ATTEST: <br /> <br />Robert W. Carruth, Chairman <br /> <br />Kay Honeycutt, Clerk to the Board <br /> <br />~ -\5 <br />