Loading...
HomeMy WebLinkAboutRESOLUTIONS - 06111991 - 91-392 I-05S MM BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Adopted this Order on June 11 , 1991 by the following vote: AYES: Supervisors Fanden, Schroder, McPeak, Torlakson, Powers NOES: None ABSENT: None ABSTAIN: None SUBJECT: Determination of Property Tax ) Exchange for the Willow Pass ) RESOLUTION NO. 91/ 392 Boundary Reorganization ) (LAFC 91-13) ) 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 Willow Pass Boundary Reorganization (LAFC 91-13) involving annexation of territory to the City of Pittsburg is excluded from the application of the master property tax transfer agreement between the City and the County because the assessed value of the affected territory exceeds $10,000,000 and the sales tax revenue from the affected territory exceeds $5,000 per year; and WHEREAS, the City of Pittsburg and the County have agreed that, notwithstanding the amount of the assessed value and the sales tax revenue related to the territory of the subject reorganization, the master property tax transfer agreement shall apply to the reorganization. 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 Willow Pass Boundary.Reorganization (LAFC 91-13) shall be in accordance with the master property tax agreement. 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. JUN 11 S,91- ATTESTED: Phil Batchelor, Clerk of the Board of Supervisors and County Administrator By %�L// _ De-platy cc: County Administrator Auditor-Controller County Counsel Local Agency Formation Commission City of Pittsburg RESOLUTION NO. 91/ 39-2