Laserfiche WebLink
Alameda County— City of Pleasanton Mix, Marks, and Linfoot Tax Sharing Agreement <br /> Page 2 of 3 <br /> D. The County shall receive an allocation of computed property tax revenue equivalent to its <br /> current share of property tax revenue in the territory proposed for annexation plus the <br /> share or shares of property tax revenue allocated to it in section B above, less the share of <br /> computed property tax revenue allocated to the City in section A above, and in section C <br /> above as applicable. <br /> E. In the event that this annexation includes or results in the detachment of one or more <br /> parcels or portions thereof from the City and those parcels or portions thereof are <br /> transferred to the County or to another jurisdiction, the City hereby waives any right, <br /> interest, or claim to property tax on such parcels or portions thereof as identified in <br /> Exhibit A. The parcels or portions thereof shall be transferred to the County or <br /> jurisdiction subject to the conditions of paragraphs A through D as specified in this <br /> agreement. <br /> This exchange of property tax revenues will be effective as to each property annexed within <br /> the 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 <br /> prior to December 31 of the preceding year. <br /> DATED: CITY OF PLEASANTON: <br /> APPROVED AS TO FORM: ATTEST: <br /> DATE: COUNTY OF ALAMEDA: <br /> APPROVED AS TO FORM: ATTEST: <br />