HomeMy WebLinkAboutReso 005-85 K&B PropTaxRevExchRESOLUTION NO. 05-85
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF DUBLIN
AGREEING TO AN EXCHANGE OF PROPERTY TAX REVENUE CONCERNING
PA 84-076 KAUFMAN AND BROAD SINGLE FAMILY
PREZONING AND ANNEXATION APPLICATION
WHEREAS, Kaufman & Broad submitted an application
requesting the City prezone and annex approximately 12 acres
generally located west of the existing City limits in-the
vicinity of the Silvergate Drive extension; and
WHEREAS, Section 99 of the Revenue and Taxation Code
(AB 8) providest among other things, that no local agency
jurisdictional change can be completed without the agencies
affected by such change first having agreed upon an exchange of
property tax revenue between and among the affected agencies; and
~EREAS, the Alameda County Board of Supervisors
(Resolution No 186574) have developed a method for equitably
distributing the property taxes; and
WHEREAS, each specific annexation needs a resolution
from both the City and County agreeing to the exchange of
property tax revenues for the annexation to be completed and
filed with the State;
NOW, THEREFORE BE IT RESOLVED:
1. That for the said annexation by the City of Dublin, (which
will be first effective for the fiscal year following the filing
of the Certificate of Completion with the State Board of
Equalization providing the filing occurs prior to December 31 of
the preceding year) the Auditor-Controller of the County of
Alameda shall be directed to cause an exchange of property tax
revenues pursuant to the following provisions of paragraph
numbers 1 and 3 of Exhibit "A" of the property tax revenues
redistribution method developed by the Alameda County Board of
Supervisors.
(1) In all annexations involving developed or developing
residential territory, as well as mixed
residential/con~ercial areas and vacant or underdeveloped
industrially-zoned areas, the City would automatically be
entitled to receive an allocation of the County's general
fund computed property tax revenue from that area, equal to
the City/County's existing allocation percentage ratio
within its corporate limits;
(3) In the event that a City assumes full responsibility
for a service or services presently provided by a separate
County Taxing agency or special district within a territory
proposed to be annexed, pursuant to Revenue and Taxation
Code Sec. 99(b), the County will endeavor to transfer to the
City the entire computed property tax revenue presently
allocated to such County agency or district from said area.
2. The City certifys that there is no significant commercial
and/or industrial development in the proposed annexation.
BE IT FURTHER RES6LVED that 'the Dublin City Council
does hereby agree to the property tax revenues redistribution
method stated herein.
PASSED APPROVED AND ADOPTED this 14th day of
January, 1985.
AYES:
Councilmembers Hegarty, Jeffery, Moffatt,
Vonheeder and Mayor Snyder
NOES:
ABSENT:
None
None
ATTEST:
City Clerk