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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br />ALAMEDA COUNTY, CALIFORNIA <br /> <br />RESOLUTION NO. 81-115 <br /> <br />A RESOLUTION AGREEING TO THE EXCHANGE OF PROPERTY <br />TAX REVENUE FOR ANNEXATION NO. 82 (GAMACHE). <br /> <br />WHEREAS, <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 revenue between and <br />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 Boardof Supervisors (Resolution No. 186574) <br />have agreed to a method for equitably distributing <br />the property taxes; and <br /> <br />WHEREAS, <br /> <br />such specific annexation needs a resolution from both <br />the City and cOuney agreeing to the exchange of pro- <br />perty tax r~venues for the annexation to be completed <br />and filed with the State. <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON RESOLVES <br />AS FOLLOWS: <br /> <br />Section <br /> <br />1. That for the following annexation by the City of <br />Pleasanton, which will be first effective for the fiscal <br />year following the filing of the Certificate of Completion <br />with the State Board of Equalization providing the filing <br />occurs prior to December 31 of the preceding year, the <br />Auditor-Controller of the County of Alameda shall be <br />directed to cause an exchange of property tax revenues <br />pursuant to the provisions of paragraphs numbers (1 or 2) <br />and 3 of the attached City/County agreement: <br /> <br />Annexation No. 82 - Gamache property. <br /> <br />Section 2. That the exchange of special district property taxes is <br /> limited to the special districts listed; Happy Valley Road, <br /> Pleasanton (includes C.S.A. F-1965-2). <br /> <br />Section <br /> <br />3. That the property tax proceeds accruing for the <br />Structural Fire Fund shall be transferred to the City <br />of Pleasanton. <br /> <br />- III <br /> <br /> <br />