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HomeMy WebLinkAboutRESO 9420Resolution No. 9420 Resolution of the Council of the City of Palo Alto Making Determination of Property Tax Exchange Pursuant to Provisions of Chapter 282, Section 59, Part .05, Implementing Article XII lA of the California Constitution Commencing With Section 95, Division 1, or the Revenue and Taxation Code RECITALS A. State law requires that the City of Palo Alto and the West Bay Sanitary District negotiate a property tax exchange relating to the proposed annexation of the Lands of Bower and Shaw (APN 182-36-031} to the West Bay Sanitary District. B. The City and the District have agreed there is no exchange of service responsibility in regard to sanitary sewer service relating to the proposed annexation. C. The subject determination has been made prior to and as a condition precedent to the Executive Officer of the Local Agency Formation Commission issuing the Certificate of Filing on said proposal. D. It has been agreed that no property tax revenue will be transferred from the City to the West Bay Sanitary District. The Council of the City of Palo Alto hereby RESOLVES as follows: SECTION 1. No property tax shall be transferred from the City of Palo Alto to West Bay Sanitary District. SECTION 2. In accordance with Section 3a of Article XIIIB of the State Constitution, the appropriation limit of the West Bay Sanitary District shall not be increased based on this agreement. II II II II II II 140521 jb 0131205 1 SECTION 3. The Council finds that this action is categorically exempt under Section 15312 of the Guidelines to the California, Environmental Quality Act. INTRODUCED AND PASSED: June 2, 2014 AYES: BERMAN, BURT, HOLMAN, KLEIN, KNISS, PRICE, SCHARFF, SCHMID, SHEPHERD NOES: ABSTENTIONS: ABSENT: ATIEST: 140521 jb 0131205 2