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HomeMy WebLinkAboutMINUTES - 05101994 - 1.54 1 . 5L( IN THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, STATE OF CALIFORNIA ADOPTED this order on May 10, 1994 by the following vote: AYES: Supervisors Smith, Bishop, DeSaulnier, Torlakson and Powers NOES: None ABSENT: None ABSTAIN: None RESOLUTION NO. 94/262 SUBJECT: Determination of Property Tax ) Exchange for the Proposed ) Unini Detachment from the ) City of Walnut Creek ) (LAFC 94-22 ) ) WHEREAS, Section 99 of the Revenue and Taxation Code provides that a City and a 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 Unini Detachment from the City of Walnut Creek (LAFC 94-22 ) involves detachment from the City of Walnut Creek and results in a jurisdictional change from the City to the County; NOW, THEREFORE, BE IT RESOLVED THAT THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY DOES HEREBY DETERMINE that, subject to the concurrence of the City of Walnut Creek, 100 percent of the property-' tax accruing to the City of Walnut Creek from the affected territory of the Unini Detachment shall be transferred to Contra Costa County. The terms of this property tax exchange agreement shall be effective for the fiscal year for which the State Board of Equalization makes the tax rate area changes for this jurisdictional change and shall apply in subsequent years unless changed by the mutual agreement of affected agencies or subsequent jurisdictional changes . This resolution does not change the property tax revenues 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. I hereby certify that the foregoing 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: /0 / ? 9"�4 Phil Batchelor Clerk of the Board of Supervisors and County Administrator By bephi ty Orig. Dept: County Administrator cc: City of Walnut Creek LAFC Auditor-Controller RESOLUTION NO. 94/262