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HomeMy WebLinkAboutMINUTES - 06251985 - 1.9 (2) THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA June 25 , 1985 Adopted this Order on , by the following vote: AYES: Supervisors McPeak, Schroder , Torlakson, Fanden. NOES: None. ABSENT: Supervisor Powers . ABSTAIN: None. SUBJECT: Determination of Property ) Tax Transfer foriSaddlehorn ) RESOLUTION NO. 85/ 397 Ranch Boundary Reorganization) (LAFC 85-9) ) WHEREAS, the Revenue and Taxation Code provides that when responsibility for providing a service is transferred from one special district to another, the Board of Supervisors shall determine the amount of property tax revenues to be exchanged between the districts; and WHEREAS, the Saddlehorn Ranch Boundary Reorganization (LAFC 85-9) involves concurrent annexation to the East Bay Municipal Utility District and detachment from the Contra Costa Water District; NOW, THEREFORE, BE IT RESOLVED THAT THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY DOES HERE DETERMINE that 100 percent of the property tax accruing to the Contra Costa Water District from the affected territory of the Saddlehorn Ranch Boundary Reorganization (LAFC 85-9) shall be transferred to the East Bay Municipal Utility District for the fiscal year for which the State Board of Equalization makes the tax rate area changes for this jurisdictional change. The terms of the property tax transfer shall apply in subsequent years unless changed by the mutual agreement of the affected agencies or subsequent jurisdictional changes. This resolution does not change the property tax revenue 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. hereby certify that this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervi rs on the date shown. ATTESTED: S PHIL EAT '-I-LOP, Cieri: 4 the Board of Supery cors and County Administrator Orig. Dept: County Administrator BY Deputy cc: Contra Costa Water District East Bay Municipal Utility District Auditor-Controller LAFCO RESOLUTION NO. 85/ 397