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HomeMy WebLinkAboutRESOLUTIONS - 08281984 - 84-517 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Order on August 28 , " 1984 , by the following vote: AYES: Supervisors Powers , Fanden, McPeak, Schroder , Torlakson. NOES: None. ABSENT: None. ABSTAIN: None. SUBJECT: Determination of Property Tax ) Exchange for the H-M Detachment) SOLUTION NO. 84/ 517 From the City of Walnut Creek ) (LAFC 84-31) ) WHEREAS, Section 99 of the Revenue and .Taxation -Code provides that the City and the County shall agree by resolution to exchange property tax revenues among themselves and any affected agencies; and WHEREAS, the H-M Detachment from the City of Walnut Creek (LAFC 84-31) involves detachment from the City of Walnut Creek and concurrent annexation to County Service Area P-6 ; and WHEREAS, the affected territory of the subject detachment was recently annexed to the City of Walnut Creek by operation of the Arlene Gardens Annexation to the City of Walnut Creek (LAFC 83-20) . Property tax transfer for said annexation was in accordance with the Master Property Tax Transfer Agreement between the City and the County; and WHEREAS, it is proposed that the property tax revenue that would have accrued to the City of Walnut Creek from the affected ter- ritory of the subject detachment as a result of the Arlene Gardens Annexation to the" City of Walnut Creek (LAFC 83-20) shall, revert back to the County and that there be no transfer of property tax to County Service Area P-6 as a result of the subject. detachment; THEREFORE, BE IT BY THE BOARD OF SUPERVISORS OF CONTRA COSTA - COUNTY RESOLVED that in accordance with Section. 99 of the Revenue and Taxation Code the property tax increment allocation factors for the affected agencies in the area of the H-M Detachment from the City of Walnut Creek. (LAFC 84-31) shall be the same as existed prior to the Arlene . Gardens Annexation to the City of Walnut Creek (83-20) and that there be no transfer of property tax to County' Service Area P-6 as a result of the subject jurisdictional changes. Said increment tax allocation factors apply to affected territory as submitted or revised by the Local Agency Formation Commission. This resolution does not change the property tax revenues accruing to other agencies serving the subject territory or the affected districts' right to col- lect taxes for existing bonded indebtedness. I hereby certify that this Is a true and correct copy of an action taken and entered on the minutes of the Board of superviso ,51 on the date show ATTESTED: , J:R. OLSSON, OUNTY CLERK and ex otticio Clerk of the Board By Deputy Orig. Dept.: County Administrator cc: Auditor-Controller LAFC Planning City of Walnut Creek Terry Macken ? RESOLUTION NO.. 84/517