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RES 01070
City of Pleasanton
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RES 01070
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1/17/2002 4:23:15 PM
Creation date
7/20/2001 5:36:48 PM
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CITY CLERK
CITY CLERK - TYPE
RESOLUTIONS
DOCUMENT DATE
6/19/2001
DOCUMENT NO
RES 01070
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Page 2 of 4 <br /> <br />In the event that the City assumes full responsibility for a service no~t currently <br />being provided by the city within its incorporated city limits, but being provided <br />by a separate County taxing agency or special district within the territory <br />proposed for annexation, pursuant to Revenue and Taxation Code 99(b), the City <br />shall receive, in addition to the allocation determined in A above, an allocation of <br />computed property tax revenue equivalent to the share of property tax revenue <br />received by the County taxing agency or special district in the territory proposed <br />for annexation. <br /> <br />The County shall receive an allocation of computed property tax revenue <br />equivalent to its current share of property tax revenue in the territory proposed for <br />annexation plus the share of shares of property tax revenue allocated to it in <br />section B above, less the share of computed property tax revenue allocated to the <br />City in section A above, and in section C above as applicable. <br /> <br />This exchange of property tax revenues will be effective as to each property annexed within the <br />subject annexation area for the fiscal year following the filing with the State Board of <br />Equalization of the Certificate of Completion for such property providing the filing occurs prior <br />to December 31 of the preceding year. <br /> <br />Dated: <br /> <br />CITY OF PLEASANTON <br /> <br />APPROVED AS TO FORM: <br /> <br />Tom Pico, Mayor <br />ATTEST: <br /> <br />Michael Roush, City Attorney <br />Dated: <br /> <br />Peggy L. Ezidro, City Clerk <br />COUNTY OF ALAMEDA <br /> <br />APPROVED AS TO FORM: <br />RICHARD E. WINNIE, County Counsel <br /> <br />President, Board of Supervisors <br /> <br /> <br />
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