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CITY COUNCIL OF THE CITY OF PLEASANTON <br /> <br />ALAMEDA COIINTY, CALIFORNIA <br /> <br />RESOLUTION NO. 81-408 <br /> <br />RESOLUTION AGREEING TO THE EXCHANGE OF PROPERTY <br />TAX REVENUE FOR ANNEXATION NO. 96 <br /> <br />WHEREAS, <br /> <br />Section 99 of the Revenue and Taxation Code provides, <br />among other things, that no local agency jurisdictional <br />change can be completed without the agencies <br />affected by such change first having agreed upon <br />an exchange of property tax revenue between and <br />among the affected agencies; and <br /> <br />WHEREAS, <br /> <br />the Alameda County Mayors' Conference, the City of <br />Pleasanton (Resolution No. 80-74) and the Alameda <br />County Board of Supervisors (Resolution No. 186574) <br />have agreed to a method for equitably distributing <br />the property taxes; and <br /> <br />WHEREAS, <br /> <br />such specific annexation needs a resolution from <br />both the City and County agreeing to the exchange <br />of property tax revenues for the annexation to be <br />completed and filed with the State. <br /> <br />NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON <br />RESOLVES AS FOLLOWS: ~ <br /> <br />Section 1: <br /> <br /> That for the following annexation by the City of <br />Pleasanton, which will be first effective for the <br />fiscal year following the filing of the Certificate <br />of Completion with the State Board of Equalization <br />providing the filing occurs prior to December 31 <br />of the preceding year, the Auditor-Controller of <br />the County of Alameda shall be directed to cause <br />an exchange of property tax revenues pursuant to <br />the provisions of paragraphs No. (1 or 2) and 3 of <br />the attached City/County agreement: <br /> <br />Approximately 250 acres east of Junipero Street <br />known as the Lund Ranch (Annexation No. 96) <br /> <br />Section 2: This resolution shall become effective immediately <br /> upon its passage and adoption. <br /> <br />THIS RESOLUTION ADOPTED NOVEMBER 24, 1981 BY THE FOLLOWING <br />VOTE <br /> <br />AYES <br /> <br />NOES <br /> <br />Councilmembers <br />Mayor Mercer <br />None <br /> <br />- Butler, Kephart, Mohr, <br /> <br />Wood and <br /> <br /> <br />