HomeMy WebLinkAboutReso - CC - 062-1980RESOLUTION NO. 62-80
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 Council of the City of Burlingame,
State of California, that
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 Sommer (.66+ acres)
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 $23.09 based on 1980-81 assessed valuation for the affected
properties will be transferred between the County of San Mateo
and the City of Burlingame; and
WHEREAS, it has been agreed that property tax revenues which
total $49.57 on 1980-81 assessed valuation for the affected
properties will be transferred between the County Library
District and the City of Burlingame; and
WHEREAS, it has been agreed that property tax revenues which
total $92.39 based on 1980-81 assessed valuation for the affected
properties will be transferred between the County Fire District
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
Ion 1980-81 assessed valuation from the County Fire District to
the City of Burlingame is $92.39.
The amount of property tax revenues to be transferred based
Ion 1980-81 assessed valuation from the County Library District to
Ithe City of Burlingame is $49.57.
The amount of property tax revenues to be transferred based
Ion 1980-81 assessed valuation from the County of San Mateo to the
(City of Burlingame is $23.09.
The exchange of said revenues is approved conditioned upon
the completion of the proposed annexation of Lands of Sommer
(.66+ acres) to the City of Burlingame and is effective
limmediately 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 6th day of
October , 1980, and adopted thereafter by the following vote:
AYES: COUNCILMEN:Amstrup-Barton-Crosby-Mangini-Martin
NOES: COUNCILMEN:None
ABSENT: COUNCILMEN:None
—%CAty Clerk