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CITY )UNCIL OF THE CITY OF PLE~ NTON <br /> <br />ALAMEDA COUNTY, CALIFORNIA <br />RESOLUTION NO. 80-96 <br /> <br />A RESOLUTION AGREEING TO THE EXCHANGE OF PROPERTY <br />TAX REVENUE FOR ANNEXATION NO. 76 (SUNOL BOULEVARD). <br /> <br />WHEREAS, <br /> <br />WHEREAS, <br /> <br />WHEREAS, <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 to <br />a method for equitably distributing the property taxes; and <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, BE IT RESOLVED: <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 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 /> Annexation No. 76 ~Sunol Boul vary) <br />Section 2. This resolution shall become effective immediately <br /> upon its passage and adoption. <br /> <br />THIS RESOLUTION ADOPTED ON APRIL 22, 1980, BY THE FOLLOWING VOTE: <br /> <br /> AYES: Councilmembers - Butler, Mohr and Mayor Mercer <br /> <br /> NOES: None <br /> ABSENT: Councilmembers - Kephart and Wood <br /> <br /> ATTEST: <br /> <br /> /.~. J ~ ~ R. MERCER, MAYOR <br />~ 7 ~ Ci~rk' <br />.IJames R. Walker, ~ <br /> <br /> By Doris George, Deputy City Clerk <br /> <br /> APPROVED AS TO FORM <br /> <br />vine~ City Attorney <br /> <br /> <br />