HomeMy WebLinkAboutReso 92-194 - Property Tax Transfers between the County of Shasta & the City of Redding for the COR reorganization No 90-17 (Stillwater Treatment Plant) RESOLUTION NO. /,2' l T
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
a CITY OF REDDING REORGANIZATION NO. 90-17 (STILLWATER TREATMENT PLANT)
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 115-004 is as follows:
00.0000000% Shasta County's Share
1 00.0000000% CSA Fire Protection District#1's Share
00.0000000% Nonaffected District's Share
00.0000000%
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 00.00000% 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
owned by the City of Redding and annexation to the City of Redding would exempt the property from property
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taxation under State of California Revenue & Taxation Code Section 4986.
p 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 5th day of May, 1992, and was duly adopted at said meeting by the
following vote:
AYES: COUNCIL MEMBERS: Anderson, Arness, Kehoe & Moss
NOES: COUNCIL MEMBERS: None
ABSENT: COUNCIL MEMBERS: Dah
ABSTAIN: COUNCIL MEMBERS: None
CHARLIE MOSS, Mayor
City of Redding
ATT ST:
CONNIE STROHMAYER, City erk
p
t,
FORM APPROVED:
R DALL A. HAYS, City Att6mey A:91-3SR.CC
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