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HomeMy WebLinkAboutCC RESO 13,464RESOLUTION NO. 13,464 A RESOLUTION APPROVING NEGOTIATED PROPERTY TAX EXCHANGE FOR ANNEXATION AND DETACHMENTS RELATIVE TO VALLEY ROAD - FULLER RE -ORGANIZATION (AN-1-79). WHEREAS, Revenue and Taxation Code. Section 99 requires the negotiation of any exchange of property tax revenues occasional by jurisdictional changes between the areas affected; and WHEREAS, the 3340 Valley Road, Fuller Annexation (AN-2-79), 2501 Fenton Place, proceedings have been initiated by City Council Resolution No. 13,329 adopted May 13, 1980; and WHEREAS, the County of San Diego Board of Super- visors by their adoption of Resolution No. 17 on August 19, 1980 did approve such negotiated property tax exchanges. NOW, THEREFORE, BE IT RESOLVED that the City Council agrees to the property tax exchange as stipulated in "Exhibit A". BE IT FURTHER RESOLVED that the City Clerk be instructed to forward a copy of this resolution to the Local Agency Formation Commission. PASSED AND ADOPTED this llth day of November, 1980. ATTEST: N.C. Res. No. 13,464 PROPOSED PROPERTY TAX EXCHANGE FULLER ANNCEXATION (AN-1-79) National City --Annexing Bonita - Sunnyside FP8 detaching County Flood Control Zone 3 - detaching original P.T. Distrib S. D. County (incl Libr) .26745846 National City Bonita - Sunnyside FPD .19263688 Flood Control Zone 3 .00933961 Other Jurisdiction .53056505 TOTAL "EXHIBIT A" negotiated P.T. Distrib . 20995489 . 25948006 . 53056505 1.0000000 1.00000000