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HomeMy WebLinkAboutRESOLUTIONS - 06121984 - 84-345 i 9 . THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA' June 12 , 1984 Adopted this.Order on by the following vote: AYES: Supervisors Powes , Fanden, Schroder , Torlakson. NOES: None . ABSENT: Supervisor McPeak. ABSTAIN: None . SUBJECT: Determination of Property Tax ) Exchange for Del Favero A-8.1-2) RESOLUTION NO. 84 Boundary Reorganization ) / 345 (LAFC 84-22) ) 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 Del Favero A-81-2 Boundary Rt�organization (LAFC 84-22) consisting of parcels in tax rate area 58004 and 58015 involves annexation of territory to the City of Brentwood for which property tax exchange is determined by the previously approved Master Property Tax Exchange agreement; and WHEREAS, the Reorganization proposes concurrent annexation of the territory in tax rate area 58004 to the Brentwood Recreation and Park District which would result in the district providing services in an area where such services have not been previously provided and where Section 99.1 of the Revenue and Taxation Code provides for the annexing agency to negotiate for a portion of the growth property tax in the affected territory; and WHEREAS, for the pr6perty tax allocation to be made under this resolution the Auditor-Controller of Contra Costa County shall first apply the provisions of the Master Property Tax Agreement between the City of Brentwood and the County and then apply the tax increment allocation factors for property tax increment apportionment to the Brentwood Recreation and Park District, as shown on the attached schedule marked Exhibit "A" with respect to tax rate area 58004; THEREFOREf 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 increment allocation factors for the affected agencies in the area of the Del Favero A-81-2 Boundary Reorgani- zation (LAFC 84-22) for the 1985-1986 fiscal year and subsequent years shall be as shown on the attached schedule with respect to tax rate area 58004 (Exhibit "A") . Said increment tax allocation factors apply to affected territory as submitted or revised by the Local Agency Forma- tion Commission. This resolution does not change the property tax revenues accruing to other agencies serving the subject territory or the affected districts ' right to collect taxes for existing .bonded indebtedness. I hereby certify that this is a true and correct copy cl an action tnkec and, entered on the minutes of the Board of Supero ,�ors on Uhe date shown. ATTESTED, _ UNTY Y CP.ERK _:6ei K of the Board 19 Deputy Orig. Dept.: County Administrator cc: Auditor-Controller LAFC Planning Public Works City of Brentwood (Harry Gill) Brentwood Recreation & Parks District (James Frank) East Contra Costa Irrigation District (Ross Rogers) /� RESOLUTION NO. 84/ 345 0 0