RES 00069 - Laserfiche WebLink

CITY COUNCIL OF THE CITY OF PLEASANTON ALAMEDA COUNTY, CALIFORNIA RESOLUTION NO. 00-069 RESOLUTION AGREEING TO THE EXCHANGE OF PROPERTY TAX REVENUE FOR ANNEXATION NO. 146 (FULLER/SMATHERS) WHEREAS, 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 aff~ected agencies; and WHEREAS, the Alameda County Mayor' Conference, the City of Pleasanton (Resolution No. 8074) and the Alameda Comity Board of Supervisors (Resolution No. 186574) have agreed to a method for equitably distributing the property tees; and WHEREAS, such specific annexation needs a resolution ~om both the City and County agreeing to the exchange of property 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 Annexation No. 146 (Fuller/Smathers) by the City of Pleasanton, which will be first eflbctive 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-Coutroller of the County of Alameda shall be directed to cause an exchange of property tax revenues pursuant to the provisions of Paragraphs No. 1 and 3 of the attached City/County agreement. Section 2: Section 3: The City certifies that there is no significant commercial and/or industrial development in the proposed annexation. That the property tax proceeds accruing for the Structural Fire Fund shall be transferred to the City of Pleasanton.