HomeMy WebLinkAboutReso 92-058 - Prop tax transfers between County of Shasta & the COR for COR reorganization No. 91-5 (Rhonda Lyn Ave)1
RESOLUTION NO.
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A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING INVOLVING PROPERTY
TAX TRANSFERS BETWEEN THE COUNTY OF SHASTA AND THE CITY OF REDDING FOR
THE CITY OF REDDING REORGANIZATION NO. 91-5 (RHONDA LYN LANE)
WHEREAS, Assembly Bill 8 (Chapter 282) Statutes 1979, as subsequently amended, provides for the
Shasta County Board of Supervisors and the City of Redding to determine an appropriate property tax transfer for
all jurisdictional changes of organization occurring within Shasta County prior to the proposal being considered by
the Local Agency Formation Commission (LAFCO); and
WHEREAS,the current distribution of property taxes for the affected properties within the affected tax rate
area 083-001 is as follows:
27.69303% Shasta County's Share
21.54538% City of Redding Share
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50.76160% Nonaffected District's Share
100.00000%
II WHEREAS, Senate Bill 180 (Chapter 801)requires that nonaffected local agencies'percentage share will
remain constant; and
WHEREAS, the affected local agencies have a combined tax apportionment factor of 49.23841% which
is subject to negotiation for a tax exchange as a result of the proposed change of organization or reorganization; and
WHEREAS, the County of Shasta and the City of Redding wish to agree to a fair—share distribution of
remaining property tax revenues,
NOW,THEREFORE, BE IT RESOLVED, that the City Council of the City of Redding DOES HEREBY
AGREE that the property tax distribution within the affected area after change of organization/reorganization,shall
be determined by Shasta County.
I HEREBY CERTIFY that the foregoing resolution was introduced and read at a regular meeting of the
City Council of the City of Redding on the 18th day of February , 1992,and was duly adopted
at said meeting by the following vote:
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AYES: COUNCIL MEMBERS: Arness, Carter, Fulton & Moss
NOES: COUNCIL MEMBERS: None
i ABSENT: COUNCIL MEMBERS: Dahl
ABSTAIN: COUNCIL MEMBERS: None
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CHARLIE MOSS, Vice-Mayor
City of Redding
ATTEST:
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CONNIE STROHMAYER, City erk
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FORM APPROVED:
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R ALL A. HAYS, City Atto y ACC:91-5.RES
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