HomeMy WebLinkAboutReso - CC - 061-1981Ithat
RESOLUTION 61- 81
RESOLUTION OF CITY OF BURLINGAME MAKING DETERMINATION OF
PROPERTY TAX EXCHANGE PURSUANT TO THE PROVISIONS OF
CHAPTER 282, SECTION 59, PART 0.5, IMPLEMENTATION OF
ARTICLE XIIIA OF THE CALIFORNIA CONSTITUTION, COMMENCING
WITH SECTION 95, DIVISION 1, OF THE REVENUE AND TAXATION
CODE
RESOLVED, by the City of Burlingame, State of California,
WHEREAS, state law requires that the County of San Mateo
and the City of Burlingame agree to a property tax exchange as
a result of the proposed annexation of Lands of Heerman and
Spanier to the City of Burlingame; and
WHEREAS, 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; and
WHEREAS, the City of Burlingame in making this
determination has reviewed the proposed property tax exchange
and the amount of said exchange; and
WHEREAS, it has been agreed that property tax revenues
which total $166.26 based on 1980-81 assessed valuation for the
affected properties will be transferred 'between the County
Library and the City of Burlingame; and
WHEREAS, it has been agreed that property tax revenues
which total $309.93 based on 1980-81 assessed valuation for the
affected properties will be transferred between the Structural
Fire Fund and the City of Burlingame; and
WHEREAS, it has been agreed that property tax revenues
which total $59.64 based on 1980-81 assessed valuation for the
affected properties will be transferred between the County of
San Mateo and the City of Burlingame;
NOW, THEREFORE, the City of Burlingame does hereby resolve,
determine, and order as follows:
The amount of property tax revenues to be transferred based
on 1980-81 assessed valuation from the County of San Mateo to
the City of Burlingame is $59.64.
The amount of property tax revenues to be transferred based
on 1980-81 assessed valuation from the Structural Fire Fund to
the City of Burlingame is $309.93.
The amount of property tax revenues to be transferred based
on 1980-81 assessed valuation from the County Library to the
City of Burlingame is $166.26.
The exchange of said revenues is approved conditioned upon
the completion of the proposed annexation of Lands of Heerman
and Spanier to the City of Burlingame and is effective
immediately upon completion of the annexation.
Mayor
I, EVELYN H. HILL, City Clerk of the City of Burlingame, do hereby
certify that the foregoing Resolution was introduced at a regular meeting of
the City Council held on the 17th day of August, 1981, and was adopted there-
after by the following vote:
AYES: COUNCILMEN: Amstrup-Barton-Crosby-Mangini-Martin
NOES: COUNCILMEN: None
ABSENT: COUNCILMEN: None
City Clerk