HomeMy WebLinkAboutMINUTES - 05081990 - 1.67 1-067
THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA
Adopted this Order on May 8 , 1990 by the following vote:
AYES: Supervi.ForF Schroder, TorlakFon, Fah.den
NOES: None
ABSENT: SupervisorF PowerF , McPeak
ABSTAIN: None
SUBJECT: Determination of Property Tax )
Exchange for the No. 2 East 18th ) RESOLUTION NO. 90/ 272
Street/Bridgehead Road AN-90-03 )
Boundary Reorganization (LAFC 90-15) )
WHEREAS, Section 99 of the Revenue and Taxation Code provides that the 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 No. 2 East 18th Street/Bridgehead Road AN-90-03 Boundary
Reorganization (LAFC 90-15) involving annexation of territory to the City of Antioch
is excluded from the application of the master property tax transfer agreement
between the City and the County because the sales tax revenue from the affected
territory exceeds $5,000 per year; and
WHEREAS, the City of Antioch and the County have agreed that, notwithstanding
the amount of the sales tax revenue generated in the territory of the subject
reorganization, the master property tax transfer agreement shall apply to the
reorganization. The application of the master agreement shall be 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 reorganization shall be reduced by an amount equal to
500 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 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 No. 2 East 18th
Street/Bridgehead Road AN-90-03 Boundary Reorganization (LAFC 90-15) 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 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: May 8 , 1990
Phil Batchelor, Clerk of the Board of
Supervisors and County Administrator
By Deputy
cc: County Administrator
Auditor-Controller
County Counsel
Local Agency Formation Commission
City of Antioch
RESOLUTION NO. 90/ 272