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HomeMy WebLinkAboutRESOLUTIONS - 05131986 - 86-268 1--043 THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Order on May 1.3 , 19.86 by the following vote: AYES: Supervisors Fanden; McPeak , Torlakson, Powers __ NOES: None . ABSENT: Supervisor Schroder. ABSTAIN: None . SUBJECT: Determination of Property Tax ) Transfer for the Consolidation ) of All "L" Street Lighting ) RESOLUTION NO. 86/ 268 County Service Areas - L-32, ) L-42, L-43 and L-46 (LAFC 86-10) WHEREAS, the Board of Supervisors of Contra Costa County has initiated proceedings for the consolidation of County Service Areas L-32, L-42, L-43 and L-46; and WHEREAS, Section 99 of the Revenue and Taxation Code provides that a jurisdictional change affecting one or more special districts shall not become effective until the Board of Supervisors agrees by resolution to an exchange of property tax revenues among affected agencies; and WHEREAS, Contra Costa County on behalf of the four lighting districts is the only agency affected by the subject reorganization; NOW, THEREFORE, BE IT RESOLVED THAT THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY DOES HEREBY DETERMINE that 100 percent of the property tax accruing to County Service Areas L-32, L-42, L-43 and L-46 from the affected territory of the proposed consolidation shall be transferred to the new consolidated 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 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 this is a true and correct copy of an action taken and entered on the minutes of the Board of Supervis,pison the date shown. (�/ ATTESTED: tln4O b PHIL BATCHELOR, erk of the Board of Supervisors and Cour¢;Administrator 13Y Deputy Deputy Ori.g. Dept:; County Administrator CC Auditor-Controller County Counsel LAFCO Public Wbrhs nESOLUTION NO. 86/ 268