Resolution 1981-78
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RESOLUTION NO. 81-78
RESOLUTION OF AGREEHENT PURSUANT TO REVENUE AND TAY.ATION
CODE SECTION 99.1 FOR EXCHANGE OF PROPERTY TAX REVENUES
FOR TERRITORIES AFFECTED BY A JURISDICTIONAL CHANGE RE-
SULTING IN A SPECIAL DISTRICT P~OVIDING SERVICE ~rnERE SUCH
SERVICE HAD NOT BEEN PREVIOUSLY PROVIDED BY ANY LOCAL AGENCY.
WHEREAS, Section 99.1 of the Revenue and Taxation Code requires
that all affected local agencies participate in an exchange of property
tax revenues regarding territory affected by a jurisdictional change
which will result in a special district providing one or more services
to an area where such services have not been previously provided by
any local agency; and
WHEREAS, the cities, County and special districts wish to
facilitate orderly and expeditious jurisdictional changes; and
WHEREAS, the cities, County and special districts have reached
agreement pursuant to the above-referenced code section;
NOW, THEREFORE, BE IT RESOLVED THAT THE CITY OF GILROY agrees
that, in such territory, the special district extending service shall
be included in the allocation of the annual tax increment to local
agencies; and that the non-school portion of the annual tax increment
shall be shared by all local agencies in the tax rate area in propor-
tion to their "equivalent tax rates" as derived from the provisions
of AB 8.
BE IT FURTHER RESOLVED that this distribution formula shall be
applied to all pending and future jurisdictional changes which will
result in a special district providing service where such service had
not been previously provided by any local agency; and
BE IT FURTHER RESOLVED that the County Auditor and the Execu-
tive Officer of the Local Agency Formation Commission shall be notified
RESOLUTION NO. 81-78
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of this resolution pursuant to subparagraph (b) of Section 99 of the
above-referenced Code.
PASSED AND ADOPTED this 8th day of September, 1981, by the
following vote:
AYES:
COUNCIL MEMBERS: ALBERT, HUGHAN, LINK, TAYLOR and
GOODRICH
NOES:
ABSENT:
COUNCIL MEMBERS: NONE
COUNCIL MEMBERS: CUNNINGHA.M and PATE
APPROVED:
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Mayor
ATTEST:
A ~t. 4t;;;:+
~~ Clerk
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I, SUSANNE E. STEINMETZ, City Clerk of the City of Gilroy, do
hereby certify that the attached Resolution No. 81-78
is an
original resolution, duly adopted by the Council of the City of
Gilroy at a regular meeting of said Council held on the 8th
day of
September
, 19 8~, at which meeting a quorum was
present.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the
Official Seal of the City of Gilroy this
19 81 .
10th
day of September
Susanne E. Steinmetz
City ~~k of t~e C3--ty o,-f Gilroy
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By.W~/hM . .~~.~
Deputy City Cler