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WHEREAS, <br /> <br />WHEREAS, <br /> <br /> CITY ~OUNCIL OF THE CITY OF PLEA~ANTON <br /> <br /> ALAMEDA COUNTY, CALIFORNIA <br /> <br /> RESOLUTION NO. 81-12 <br /> <br />A RESOLUTION AGREEING TO THE EXCHANGE OF PROPERTY <br />TAX REVENUE FOR ANNEXATION NO. 80 (EVANS). <br /> <br />Section 99 of the Revenue and Taxation Code (AB 8) provides, <br />among other things, that no local agency jurisdictional <br />change can be completed without the agencies affected by <br />such change first having agreed upon an exchange of <br />property tax revenue between and among the affected <br />agencies; and <br /> <br />the Alameda County Mayors' Conference, the City of <br />Pleasanton (Resolution No. 80-74) and the Alameda County <br />Board of Supervisors (Resolution No. 186574) have agreed <br />to a method for equitably distributing the property taxes; <br />and <br /> <br />WHEREAS, <br /> <br />such specific annexation needs a resolution from both the <br />City and County agreeing to the exchange of property tax <br />revenues for the annexation to be completed and filed with <br />the State. <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON RESOLVES <br />AS FOLLOWS: <br /> <br />Section 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. 80 - Evans property. <br /> <br />Section 2. That the property tax proceeds accruing for the <br /> Structural Fire Fund shall be transferred to the City <br /> of Pleasanton. <br /> <br />Section 3. This resolution shall become effective ir~nediately <br /> upon its passage and adoption. <br /> <br />THIS RESOLUTION ADOPTED ON JANUARY 27, 1981, BY THE FOLLOWING VOTE: <br /> <br />AYES: Councilmembers - Butler, Kephart, Mohr, Wood and <br /> Mayor Mercer <br />NOES: None <br />ABSENT: None 4x~.~~R <br />~s George, Deputy City Clerk <br />APPROVED AS TO FORM: <br /> <br />~~ne~,~torney <br /> <br /> <br />