RES 81117 - Laserfiche WebLink

CITY COUNCIL OF THE CITY OF PLEASANTON ALAMEDA COUNTY, CALIFORNIA RESOLUTION NO. 81-117 A RESOLUTION AGREEING TO THE EXCHANGE OF PROPERTY TA~ REVENUE FOR ANNEXATION NO. 84 (YEE). W~EREAS, Section 99 of, the Revenue and Taxation Code (AB 8) provides among other things, that no local agency jurisdictional change can be completed without the agencies affected by such change first having agreed upon an exchange of property tax revenue between and among the affected agencies; and WHEREAS, the Alameda County Mayors' Conference, the City of Pleasanton (Resolution No. 80-74) and the Alameda County Board of Supervisors (Resolution No. 186574) have a~reed to a method for equitably distributing the property taxes; and WHEREAS, such specific annexation needs a resolution from both the City and County agreeing to the exchange of pro- perty tax revenues for the annexation to be completed and filed with the State. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON RESOLVES AS FOLLOWS: Section 1. That for the following annexation by the City of Pleasanton, which will be first effective for the fiscal year following the filing of the Certificate of Completion with the State Board of Equalization providing the filing occurs prior to December 31 of the preceding year, the Auditor-Controller of the County of Alameda shall be directed to cause an exchange of property tax revenues pursuant to the provisions of paragraphs numbers (1 or 2) and 3 of the attached City/County agreement: Annexation No. 84 - Yee property. Section 2. That the property tax proceeds accruing for the Structural Fire Fund shall be transferred to the City of Pleasanton. Section 3. This resolution shall become effective immediately upon its passage and adoption. THIS RESOLUTION ADOPTED ON APRIL 28, 1981, BY THE FOLLOWING VOTE: AYES: Councilmembers - Butler, Kephart, Mohr and Mayor Mercer NOES: Councilmember Wood ABSENT: None ABSTAIN: None III