Loading...
HomeMy WebLinkAboutRESOLUTIONS - 02091993 - 93-54 1-� IN THE BOARD OF SUPERVISORS OF CONTRA COSTA COUNTY, STATE OF CALIFORNIA Determination of Property ) RESOLUTION NO. 93/ 54 Tax Exchange for the FUA—I ) Boundary Reorganization ) (LAFC 92-36) ) The Board of Supervisors of Contra Costa County RESOLVES THAT: 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 FUA—I Boundary Reorganization (LAFC 92-36) 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 assessed value of the affected territory exceeds $10,000,000; and WHEREAS, the City of Antioch and the County have agreed that, notwithstanding the amount of the assessed value 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 FUA—I Boundary Reorganization (LAFC 92-36) 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. PASSED by the following vote of the Board of Supervisors on this 9th day of February, 1993. AYES: Supervisors Powers, Smith, Bishop, McPeak, Torlakson NOES: None ABSENT: None ABSTAIN: None hereby certify that the foregoing is a true and correct copy of an order entered on the minutes of the Board of Supervisors of the date aforesaid. Witness my hand and Seal of the Board of Supervisors affixed on this 9th day of February, 1993. Phil Batchelor, Clerk of the Board of Supervisors and Cou ty Administrator By Deputy Clerk cc: County Administrator Auditor—Controller Local Agency Formation Commission City of Antioch RESOLUTION NO. 93/ 54