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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br />ALAMEDA COUNTY, CALIFORNIA <br /> <br />RESOLUTION NO. 80-173 <br /> <br />A RESOLUTION AMENDING RESOLUTION NO. 80-94 (A RESOLUTION <br />AGREEING TO THE EXCHANGE OF PROPERTY TAX REVENUE FOR <br />ANNEXATION NO. 74 (}IACIAS)) <br /> <br />THE CITY COUNCIL OF THE CITY OF PLEASANTON HEREBY RESOLVES TO AMEND <br />RESOLUTION NO, 80-94(A RESOLUTION AGREEING TO THE EXCHANGE OF PRO- <br />PERTY TAX REVENUE ~OR ANNEXATION NO. 74 (~CIAS)) IN ITS ENTIRETY <br />AS FOLLOWS: <br /> <br />WHEREAS, Section 99 of the Revenue*And TaXatiOn C6de (AB 8) provides, <br /> among other things, thatnOlecal 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 />WHEREAS, <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 to <br />a method for equitably distributing the property taxes; 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 <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 directed <br />to cause an exchange of property tax revenues pursuant to the <br />provisions of paragraphs Nos. (1 or 2) and 3 of the attached <br />City/County agreement: <br /> <br />Annexation No. 74 - Macias 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-t965-2). <br /> <br />Section 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 />