HomeMy WebLinkAboutRESOLUTIONS - 01012000 - 2000-464 IN THE BOARD OF SUPERVISC �•
OF x',75'- vtvatr
CONTRA COSTA COUNTY, STATE OF CALIFORNIA
ADOPTED this order on July 25, 2000 by the following vote:
AYES: SUPERVISORS GIOIA, UILKEMA, DESAULNIER, CANCIAMILLA and GERBER
NOES: NONE
ABSENT: NONE
ABSTAIN: NONE
RESOLUTION NO. 2000/464
SUBJECT: Determination of Property Tax Exchange )
for the Oak Knoll Estates Annexation )
to the City of Concord fLAFC 00-32) )
WHEREAS,Section 99 of the Revenue Taxation Code provides that a City and County shall
agree by resolution to exchange property tax revenues among themselves and any affected agencies
in the event of a jurisdiction change; and
WHEREAS, the Oak Knoll Estates Annexation to the City of Concord (LAFC 00-32)
involving annexation of territory to the City of Concord is excluded from the application of the
master property tax transfer agreement between the City and the County because the assessed value
of the affected territory exceeds $10,000,000; and
WHEREAS, the City of Concord and the County have agreed that, notwithstanding the
amount of the assessed value of the territory of the subject annexation, the master property tax
transfer agreement shall apply to the annexation subject to the condition that the total amount of
property tax revenues the City is to receive from the County in any tax year pursuant to the
provisions of the master agreement from the territory of the subject annexation shall be reduced by
an amount equal to the sum of the sales tax revenue and transient occupancy tax revenue in excess
of$5,000 received by the City during the preceding tax year from the area annexed. Any such
reduction, however, shall not result in a"negative transfer", i.e., a net transfer from City to County.
The total amount of transient occupancy tax and sales tax revenue received by the City from the
territory of the subject annexation during the preceding tax year,as specified above, shall be reported
to the County Auditor-Controller by August 1 of each year, and the Auditor-Controller shall have
the right to audit the City's books to verify such amount.
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 Oak Knoll Estates
Annexation to the City of Concord(LAFC 00-32) shall be in accordance with the master property
tax agreement subject to the sales and transient occupancy tax offset condition specified above. Said
property tax transfer agreement applies to the 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' rights to collect taxes for
existing bonded indebtedness.
I hereby certify that the foregoing is a true and correct copy of an order entered on the
minutes of the Board of Supervisors of the date aforesaid.
Witness my hand and Seal of the Board of
Supervisors affixed on this qday of
July 2000.
Phil Batchelor, Clerk of the Board of
Supervisors and County Administrator
By _J
Deputy Clerk
cc: County Administrator
Auditor-Controller
Local Agency Formation Commission
City of Concord
RESOLUTION NO. 2000/464
TO: BOARD OF SUPERVISORS
Contra
FROM: Phil Batchelor ti Costa
County
DATE: July 25, 2000
SUBJECT: TAX EXCHANGE AGREEMENT FOR THE PROPOSED OAK KNOLL ESTATES
ANNEXATION TO THE CITY OF CONCORD (LAFC 00-32)
Specific Request(s) or Recommendation(s) & Background & Justification
RECOMMENDAT ONS
ADOPT the attached resolution which determines the tax exchange for the proposed Oak Knoll
Estates Annexation to the City of Concord (LAFC 00-32).
BACKGROUND
Section 99 of the Revenue and Taxation Code provides that a city and county shall agree by resolution
to exchange property tax revenues among themselves and any affected agencies in the event of a
jurisdictional change.
The subject annexation is planned for LAFCO action on August 9, 2000. The City of Concord requests
the annexation of an uninhabited +/- 85 acres located south of Ygnacio Valley Road, immediately west
of the Cal State Hayward Contra Costa Campus. The project proposes development of 183 single family
detached residential units with recreational facilities.
The tax exchange agreement stipulates that the master tax transfer agreement will apply, subject to the
condition that the property tax transfer to the City shall be off-set by the sum of sales and transient
occupancy tax in excess of$5,000.
Attachment:X YES Signature:
recommendation of County Administrator Recommendation of Board Committee
___L,� Approve Other
Signature(s):
Action of Board n Approved as Recommended,JK„flA§ex.
Vote of Supervisors: I HEREBY CERTIFY THAT THIS IS A TRUE
AND CORRECT COPY OF AN ACTION TAKEN
Unanimous {Absent N�+n .) AND ENTERED ON THE MINUTES OF THE
Ayes: Noes: BOARD OF SUPERVISORS ON DATE SHOWN.
Absent: "`Abstain:
Contact: Tony Enea (335-1094) Attested: Gcel_it
cc: County Administrator Phil Bateiielor, C erk of
Auditor-Controller the Board of Supervisors
LAFC and County Administrator
By: Zr �-r. DEPUTY