HomeMy WebLinkAboutRESOLUTIONS - 01012004 - 2004-346 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA
Adopted this Resolution on June 22, 2004, by the following vote:
AYES: SUPERVISORS UILKEMA, GREENBERG, DESAULNIER
NOES: NONE
ASSENT: SUPERVISORS GIOIA, DESAULNIER
ABSTAIN: NONE
Resolution No. 20041346
Subject: Determination of Property Tax
Exchange for the Vineyards at Marsh
Crook Annexation to the City of Brentwood
(LAFC 04-14)
WHEREAS, 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; and
WHEREAS, the City of Brentwood and Contra Costa County have agreed that for the
Vineyards at Marsh Creek Boundary Reorganization (LAFC 04-14), the Master Prop"
Tax Transfer Agreement, subject to additional terms and conditions regarding the exchange
of transient occupancy and sales tax revenues as set forth herein, shall apply, and;
WHEREAS, the City of Brentwood and the County have agreed that this annexation is
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 46% of the
sum of the sales tax revenue and transient occupancy tax revenue 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, THE BOARD OF SUPERVISORS DOES RESOLVE AS FOLLOWS:
In accordance With Section 99 of the Revenue and Taxation Code, the property tax transfer
for the affected agencies in the area of the Vineyards at Marsh Creek Annexation to the
City of Brentwood (LAFC 04-14) 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 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: (date) June 22, 2004
JOHN SWEETEN, Clerk of the Board of
Supervisors and County Administrator
Contact: Rich Seithel (335-1024)
cc* County Administrator
Auditor-Controller
County Counsel
LAFCO
City of Brentwood
RESOLUTION NO. 2004/346