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HomeMy WebLinkAboutRESOLUTIONS - 12191995 - 95-617 IN THE BOARD OF SUPERVISORS r' OF CONTRA COSTA COUNTY, STATE OF CALIFORNIA ADOPTED this order on December 19 , 1995 by the following vote: AYES: Supervisors Rogers , Smith, DeSaulnier, Torlakson and Bishop NOES: None ABSENT: None ABSTAIN: None --------------------------------------------------------------------------- --------------------------------------------------------------------------- RESOLUTION NO. 95/617 SUBJECT: Determination of Property Tax ) Exchange for Grant Street A-95-1 ) Boundary Reorganization (LAFC 95-33) ) WHEREAS, Section 99 of the Revenue and Taxation code provides that a 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 Grant Street A-95-1 Boundary Reorganization (LAFC 95-33) involves annexation of territory to the City of Brentwood for which property tax exchange is determined by the previously approved master property tax exchange agreement; and WHEREAS, the reorganization proposes concurrent annexation to the Brentwood Recreation and Park District (BR&PD) which would result in the district providing services in an area where such services have not previously been provided and where Section 99. 1 of the Revenue and Taxation Code provides for the annexing agency to negotiate an agreement regarding the potential transfer of incremental property tax in the affected territory; and WHEREAS, for the property tax allocation to be made under this resolution, the Auditor-Controller of Contra Costa County shall first apply the provisions of the master property tax exchange agreement between the City of Brentwood and the County and then apply the tax increment allocation factors for property tax increment apportionment to BR&PD as shown on the attached schedule marked Attachment A; THEREFORE, BE IT BY THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY RESOLVED that the property tax increment allocation factors for the affected agencies in the area of the Grant Street A-95-1 Boundary Reorganization (LAFC 95-33) shall be as shown on the attached schedule (Attachment A) for the fiscal year for which the State Board of Equalization makes the tax rate area changes for this jurisdictional change . Said factors shall apply in subsequent years unless changed by the mutual agreement of affected agencies or subsequent 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 affected districts ' right to collect taxes for existing bonded indebtedness . I hereby certify that the foregoing 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: Decemberl_19 , 1995 Phil Batchelor, Clerk of the Board of Su ervi ors and County Administrator By TebAft cc: County Administrator Auditor-Controller LAFCO . City of Brentwood Brentwood Recreation and Park District RESOLUTION NO. 95/ 617