HomeMy WebLinkAboutRESOLUTIONS - 02101987 - 87-78 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA
Adopted this Order on February 10 , 1987 , by the following vote:
AYES: Supervisors Powers , Fanden, Schroder , Torlakson, McPeak.
NOES: None .
ABSENT: None ,
ABSTAIN: None .
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SUBJECT: Determination of Property Tax
Exchange for the Walnut Heights RESOLUTION NO. 87178
Annexation to the City of
Walnut Creek (LAFC 86-55)
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 in the
event of a jurisdictional change; and
WHEREAS, the Walnut Heights Annexation to the City of Walnut
Creek (LAFC 86-55) involving annexation of territory to the City of Walnut
Creek is excluded from the application of the master agreement between the
City and the County because of the amount of the assessed valuation of the
territory involved in the annexation; and
WHEREAS, the City of Walnut Creek and the County have agreed
that the terms of the master agreement shall apply to the subject
annexation without alteration;
NOW, 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 transfer for the affected agencies in the
area of the Walnut Heights Annexation to the City of Walnut Creek (LAFC
86-55) shall be in accordance with the master property tax agreement
without alteration. Said property tax transfer agreement applies 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 collect 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 Supervisors on the date
shown.
ATTESTED: FEB 10 1987
Phil Batchelor, Clerk of the Board
of Supervisors and County Administrator
By: Deputy
cc: Auditor-Controller
City of Walnut Creek
County Administrator
County Counsel
Local Agency Formation Commission
Public Works
RESOLUTION NO. 87/:78