HomeMy WebLinkAboutRESOLUTIONS - 12151987 - 87-746 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA
Adopted this Order on December 15 , 19237 , by the folio(ng vote:
AYES: Supervisors Powers , Fanden, Schroder , Torlakson, McPeak.
NOES: None .
ABSENT: None .
ABSTAIN: None .
SUBJECT: Determination of Property Tax )
Exchange for the Proposed 1
Cameron Detachment from the )
City of Walnut Creek ) RESOLUTION NO. 87/ 746
(LAFC 87-32 ) )
WHEREAS, Section 99 of the Revenue and Taxation Code provides that a City
and a County shall agree by resolution to exchange property tax revenues
among themselves and any affected agencies in the event of a jurisdictional
change; and
WHEREAS, the Cameron Detachment from the City of Walnut Creek (LAFC 87-32)
involves detachment from the City of Walnut Creek and concurrent annexation
to County Service Area P-6;
NOW, THEREFORE, BE IT RESOLVED THAT THE BOARD OF SUPERVISORS OF CONTRA
COSTA COUNTY DOES HEREBY DETERMINE that, subject to the concurrence of the
City of Walnut Creek, 100 percent of the property tax accruing to the City
of Walnut Creek from the affected territory of the Cameron Detachment shall
be transferred to Contra Costa County and that there be no transfer of
property tax to ' County Service Area of P-6 as a result of the boundary
reorganization. The terms of this property tax exchange agreement shall be
effective for the fiscal year for which the State Board of Equalization
makes the tax rate area changes for this jurisdictional change and shall
apply in subsequent years unless changed by the mutual agreement of
affected agencies or subsequent jurisdictional changes. This resolution
does not change the property tax revenues accruing to other agencies
servicing the subject territory or the affected agencies right to collect
taxes for existing bonded indebtedness. The property tax exchange
agreement discussed above shall apply to affected territory as submitted or
revised by the Local Agency Formation Commission.
Thereby certify that this Is at rue and correct copy of
an action taken and entered on the minutes of the
Board of Supervi rs on the date shown.
ATTESTED: 1401
PHIL BATCHELOR, Clerk of the Board
of/Supervisors and County Administrator
By l Deputy
Orig. Dept: County Administrator
CC: City of Walnut Creek
LAFC
Auditor-Controller
RESOLUTION NO. 87/ 746