HomeMy WebLinkAboutReso 92-098 - Reso involving property tax transfers between County of Shasta and COR for the COR reorganization No. 91-3 (Sacramento River Waterways) I _ �
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RESOLUTION NO. 1 'Z t�y
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. 91-3 (SACRAMENTO RIVER WATERWAYS)
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
areas 074-000 and 115-001 is as follows:
i 00.0000000% Shasta County's Share
00.0000000% City of Redding Share
00,0000000% Nonaffected District's Share
00.0000000%
j 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 00.0000000% 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 there is no tax exchange involved in this case because the total property involved in this annexation is
within the Sacramento River waterway.
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 17th day of �4arch , 1992, and was duly adopted at said
meeting by the following vote:
AYES. COUNCIL MEMBERS: Arness, Carter, Fulton, Dbss & Dahl
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: None
ABSTAIN: COUNCIL MEMBERS: None
MIKE DAHL, Mayor
City of Redding
A IT T:
CONNIE STROHMAYER, Cityberk
FORM APPROVED:
I� RAJDALL A. HAYS, City Kttomey A:91-3SR.CC
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