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HomeMy WebLinkAboutReso 106-94 EDubPropertyTax RESOLUTION NO. 106 - 94 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DUBLIN A RESOLUTION RELATING TO EXCHANGE OF PROPERTY TAX REVENUE FOR PA 94-030 EASTERN DUBLIN REORGANIZATION Recitals 1. WHEREAS, Section 99 of the Revenue and Taxation code provides, 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; 2. WHEREAS, there is presently pending an application for a reorganization by the City of Dublin entitled PA 94-030 Eastern Dublin Reorganization to annex territory to the City of Dublin and to the Dublin San Ramon Services District and to detach certain territory from the Livermore Area Park and Recreation District; 3. WHEREAS, the territory subject to the PA 94-030 Eastern Dublin Reorganization application is within "Eastern Dublin" as that area is defined in the "Agreement Between County of Alameda, Surplus Property Authority and City of Dublin Regarding Transfer of Property Tax Revenues Upon Annexation, Provision of Services and Other Matters" ("Agreement")~ dated May 4, 1993; 4. WHEREAS, paragraph 2 of the Agreement sets forth the agreement of the City Council of the City of Dublin and the Board of Supervisors of the County of Alameda on the method for distributing property tax revenue for annexations including the PA 94-030 Eastern Dublin Reorganization; and 5. WHEREAS, paragraph 14(e) of the Agreement provides that there will be no adjustment to the appropriations limit of either the City of Dublin or Alameda County by virtue of the Agreement. NOW, THEREFORE BE IT RESOLVED as follows: Section 1. That for the PA 94-030 Eastern Dublin Reorganization, the Auditor-Controller of the County of Alameda shall be directed to cause an exchange of property tax revenues pursuant to the provisions of paragraph 2 of the Agreement, to wit: the City of Dublin shall receive 25.4% of the full one percent ad valorem property tax and/or possessory interest tax from the property annexed to the City of Dublin as part of the PA 94-030 Eastern Dublin Reorganization. PASSED, APPROVED, AND ADOPTED this 10th day of October, 1994. AYES: NOES: ABSENT: ABSTAIN: /resos-aals/g403Otax (c2 reso~106-g4) Councilmembers Burton, Houston, Howard, Moffatt and Mayor Snyder None Nonel