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02
City of Pleasanton
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CITY CLERK
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2010
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031610
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3/10/2010 1:02:40 PM
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CITY CLERK
CITY CLERK - TYPE
STAFF REPORTS
DOCUMENT DATE
3/16/2010
DESTRUCT DATE
15 Y
DOCUMENT NO
02
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suspension (5) Reduce, during any period in which the rate authority sp ension described in <br /> paragraph (4) is operative, the payments to a city, county, or city and county that are required <br /> by Section 97.68 of the Revenue and Taxation Code, as that section read on November 3, 2004. <br /> (6) Restrict the authority of a local entity to impose a transactions and use tax rate in <br /> accordance with the Transactions and Use Tax Law (Part 1.6 (commencing with Section 7251) of <br /> Division 2 of the Revenue and Taxation Code), or change the method for distributing revenues <br /> derived under a transaction and use tax rate imposed under that law, as it read on November 3, <br /> 2004. <br /> (7) Require a community redevelopment agency (A) to pay, remit, loan or otherwise <br /> transfer, directly or indirectly, taxes on ad valorem real property and tangible personal property <br /> allocated to the agency pursuant to Section 16 of Article XVI to or for the benefit of the State, <br /> any agency of the State, or any jurisdiction; or (B) to use, restrict, or assign a particular purpose <br /> for such taxes for the benefit of the State, any agency of the State, or any jurisdiction, other <br /> than (i) for making payments to affected taxing agencies pursuant to Sections 33607.5 and <br /> 33607.7 of Health and Safety Code or similar statutes requiring such payments, as those <br /> statutes read on January 1, 2008; or (ii) for the purpose of increasing, improving, and preserving <br /> the supply of low and moderate income housing available at affordable housing cost. <br /> (b) For purposes of this section, the following definitions apply: <br /> (1) "Ad valorem property tax revenues" means all revenues derived from the tax <br /> collected by a county under subdivision (a) of Section 1 of Article XIII A, regardless of any of this <br /> revenue being otherwise classified by statute. <br /> (2) "Local agency" has the same meaning as specified in Section 95 of the Revenue and <br /> Taxation Code as that section read on November 3, 2004. <br /> (3) "Jurisdiction" has the same meaning as specified in Section 95 of the Revenue and <br /> Taxation Code as that section read on November 3, 2004. <br /> Section Five. Article XIX of the California Constitution is hereby amended to read as follows: <br /> SECTION 1. The Legislature shall not borrow revenue from the Highway Users Tax <br /> Account, or its successor, and shall not use these revenues for purposes, or in ways, other than <br /> those specifically permitted by this article. <br /> SEC. 2. Revenues from taxes imposed by the State on motor vehicle fuels for use in <br /> motor vehicles upon public streets and highways, over and above the costs of collection and <br /> any refunds authorized by law, shall be deposited into the Highway Users Tax Account (Section <br /> 2100 of the Streets and Highways Code) or its successor, which is hereby declared to be a trust <br /> 5 <br />
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