Annexation - Davis St West Active Construction Area I Unit 94, 07-30-1979

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IN THE CITY COUNCIL OF THE CITY OF SAN LEANDRO RESOLUTION NO. 80 - 223 1095 RESOLUTION APPROVING DIVISION OF PROCEEDS OF TAXES FOR PURPOSES OF COMPLETING AN ISLAND ANNEXATION - AREA I, DAVIS STREET WEST Section 99 of the Revenue and Taxation Code (Assembly Bill 8) 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. The Alameda County Mayors' Conference, the City of San Leandro (Resolution No. 80-50, attached as Exhibit A) and the Alameda County Board of Supervisors (Resolution No. 186574) have agreed to a method for equitably distributing the property taxes, and because each specific annexation needs a resolution from both the City and County agreeing to the exchange of pro- perty tax revenues for the annexation to be completed and filed with the State. NOW, THEREFORE, the City Council of the City of San Leandro does RESOLVE as follows: That for the annexation of Area I, Davis Street West, by the City of San Leandro, 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 provisions of paragraph numbers 1 and 3 of the attached City/County agreement. And that the exchange of special district property taxes is limited to the special districts in Exhibit B.