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CITY COUNCIL OF TIM CITY OF PLEASANTON <br /> <br />ALAMEDA COUNTY, CALIFORNIA <br /> <br />RESOLUTION NO. 81-259 <br /> <br />RESOLUTION AGREEING TO THE EXCHANGE OF PROPERTY <br />TAX REVENUES FOR ANNEXATION NO. 90 - CRELLIN ROAD <br />(lIARTIN, BERATLIS, PLEASANTON SCHOOL DISTRICT) <br /> <br />IWHEREAS, <br /> <br />Section 99 of the Revenue and Taxation Code (AB 8) <br />provides, among other things, that no local agency <br />jurisdictional change can be completed without the <br />agencies affected by such change first having agreed <br />upon an exchange of property tax revenues between <br />and among the affected agencies; and <br /> <br />WHEREAS, <br /> <br />the Alameda County Mayors' Conference, the City of <br />Pleasanton (Resolution No. 80-74) and the Alameda <br />County Board of Supervisors (Resolution No. 186574) <br />have agreed to a method for equitably distributing the <br />property taxes; and <br /> <br />WHEREAS, <br /> <br />such specific annexation needs a resolution from both <br />the City and County agreeing to the exchange of property <br />tax revenues for the annexation to be completed and <br />filed with the State. <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON RESOLVES <br />AS FOLLOWS: <br /> <br />Section 1: That for Annexation No. 90 by the City of Pleasanton, <br /> which will be first effective for the fiscal year follow- <br /> ing the filing of the Certificate of Completion with the <br /> State Board of Equalization providing the filing occurs <br /> prior to December 31 of the preceding year, the Auditor- <br /> Controller of the County of Alameda shall be directed to <br /> cause an exchange of property tax revenues pursuant to <br /> the provisions of paragraphs Nos. (1 or 2) and 3 of <br /> the City Council Resolution No. 80-74, approving a <br /> policy for distributing tax revenues. <br /> <br />Section 2: That the property tax proceeds accruing for the <br /> Structural Fire Fund shall be transferred to the City of <br /> Pleasanton. <br /> <br />Section 3: This resolution shall become effective immediately <br /> upon its passage and adoption. <br /> <br />THIS RESOLUTION ADOPTED ON AUGUST 11, 1981 BY THE FOLLOWING VOTE: <br /> <br />AYES: Councilmembers - Butler, Kephart, Mohr, Wood and Mayor <br /> Mercer <br /> <br /> <br />