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HomeMy WebLinkAboutMINUTES - 07161985 - 1.89 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA. July 16 , 1985 Adopted this Order on by the following vote: AYES: Supervisors Powers , Torlakson, Fanden. NOES: None . ABSENT: Supervisors Schroder, McPeak. ABSTAIN: None. SUBJECT: Determination of Property Tax) Exchange for East 18th Industrial Area 85-1 RESOLUTION 85/410 Boundary Reorganization (LAFC 85-12) 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; and WHEREAS, the East 18th Industrial Area 85-1 Boundary Reorgan- ization (LAFC 85-12) involves annexation of territory to the City of Antioch and to Contra Costa County Sanitation District No. 7-A for which property tax exchange is determined by the previously approved master property tax exchange agreements; and WHEREAS, the Local Agency Formation commission of Contra Costa County has indicated its intent to revise the proposal to effect concurrent detachment of a portion of the affected territory from the Oakley Water ' District; a circumstance that no previously approved master property tax exchange agreement accommodates; and WHEREAS, the Oakley Water District receives no property tax from the affected territory; NOW, THEREFORE, BE IT RESOLVED THAT THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY DOES HEREBY DETERMINE that there shall be a zero property tax transfer from the Oakley Water District to the City of Antioch as a result of the East 18th Industrial Area 85-1 Boundary Reorganization (LAFC 85-12 ) . This resolution does not change the property tax revenue accruing to other agencies serving 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. 1,hereby certify that this is a true and correct copy of �n action taken and entered on the minutes of ON Board of Supervisars on he ate shown. ATTESTED: PM1L BA17iHELOW, Clerk of the Board of n, 4sors and County Administrstor Deputy Orig. Dept: County Administrator CC: City of Antioch Contra Costa County Sanitary District 7-A Oakley Water District Auditor-Controller LAFCO RESOLUTION NO. 85/4 1