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RESOLUTION NO. 82-40
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
UKIAH ACCEPTING THE NEGOTIATED EXC}LANGE OF
PROPERTY TAX REVENUES FOR THE AIRPORT-SOUTH STATE
STREET REORGANIZATION (NO. 81-10)
WHEREAS, the City Council of the City of Ukiah, by Resolution No. 81-80
made application for annexation of the territory knoxm as Airport-South State
Street,Reorganization No. 81-10, and
WHEREAS, pursuant to Section 99, Part 0.5, Division 1 of the Revenue and
Taxation Code, (as added by Assembly Bi. II 8), a transfer of property tax
revenue is required for each reorganization, and
WHERFJIS, such jurisdictional change cannot become effective until each
county and city negotiate and accept by resolution the negotiated exchange of
property tax revenues, and
~FflERF~S, calculation of equivalent tax rates for affected agencies within
the territory to be annexed indicates that the City should receive 12.33% of
the taxes generated within this annexation area, and
~RFAS, the amount of $3,766 in property tax revenues has been determined
as the appropriate tax transfer through negotiations between City and County
staffs.
NOW THEREFORE BE IT RESOLVED:
a) The City Council accepts $3,766 as the negotiated exchange
of property tax revenues for the Airport-South State Street
Reorganization No. 81-10 for fJ. scal year 1981-82, and
b) the City Clerk is directed to forward a certified copy of
this resolution to the Executive Officer of the ~endocino
County Local Agency Fomation Commission and Administrative
IIIIIIIIIII
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Officer of the ~,iendocino County Board of Supervisors for action
by the respective agencies.
PASSED AND ADOPTED this 6th day of January, 1982 by the following roll
call vote:
ATES: Hickey, Feibusch, Snyder, Riley, Feibusch
NOES: None
ABS~: None
ATTEST:
CITY CLERK