HomeMy WebLinkAboutCity Council Resolution 928
RESOLUTION 928
RESOLUTION OF AGREEMENT PURSUANT TO
REVENUE AND TAXATION CODE SECTION 99
FOR EXCHANGE OF PROPERTY TAX REVENUES
FOR TERRITORIES AFFECTED BY A
JID1ISDICTIONAL CHANGE
HHEREAS, subparagraph (b) of Section 99 of the Revenue and
Taxation Code requires that the Board of Supervisors negotiate an
exchange of property tax revenues with the city for territory affected
by a jurisdictional change; and
\~EREAS, the cities and county wish to facilitate orderly and
expeditious jurisdictional changes; and
WHEREAS, the cities and the county have reached agreement
pursuant to the above referenced code section;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City
of Saratoga that the annexing city shall receive the proportion of the
one percent (1%) property tax revenue previously received by the
detaching special districts, but not less than the proportion of the
property tax received by the city in that city's tax rate area composed
of the same jurisdictions receiving a portion of the one percent (1%)
property tax;
BE IT FURTHER RESOLVED that this distribution formula shall be
applied to jurisdictional changes which were effective during fiscal
year 1978-79 pursuant to subparagraph (d) of Section 99 of the Revenue
and Taxation Code; and
BE IT FURTIŒR RESOLVED that this distribution formula shall be
applied to all pending and future jurisdictional changes; and
BE IT FURTHER RESOLVED that the County Auditor be notified of
this resolution pursuant to subparagraph (b) of Section 99 of the above
referenced Code.
PASSED AND ADOPTED by the City Council of the City of Saratoga,
State of California, on the 5th day of December, 1979, by the following
vote:
AYES:
Councilmen Kraus, Corr & Callan
NOES:
None
ABSEi:~T:
Councilman Y.atteoni
,¡'
i
l I
I~ !I'''I
4111 1\,
l~.~,'1,/~~Af A'
~ r!
HAYOR , :'1 it
'\}
f' i'"'''' ('I
:1 ".,~..~~~,.,..... /l;1 J - l".
, 'I., ""~,I ì l.¡I I. l "[,,. l
~;,,-" ~ .- .,",.","...,¡¡I ',~'
ATT~E : \,
,': C\\)
- ~.;~--+-:fF!
CITY CLERK ,
"""'----