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Res08 14861
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Res08 14861
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Last modified
10/11/2019 9:57:20 AM
Creation date
10/11/2019 9:57:20 AM
Metadata
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Template:
CC Index
CC Index - Document Type
Resolution
Meeting Type
Joint
Agency Type
City Council and Redevelopment Agency
Date
5/12/2008
Description
RESOLUTION 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
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<br />05/12/2008 <br /> <br />4. The property tax incremental factor to be transferred from the <br /> <br />Emerald Lake Lighting District (Tax Code 73-019) to the City of Redwood City is <br /> <br />.0180504697. <br /> <br />In accordance with Section 3a of Article XIIIS of the State Constitution, the <br /> <br />appropriation limit of the City of Redwood City shall be increased by amounts <br /> <br />indicated above, and the appropriation limits of the transfer or entities described <br /> <br />above shall be decreased by the same amount. The exchange of said revenues <br /> <br />is approved conditioned upon the completion of the proposed annexation of the <br /> <br />Lands of Pacific Shores to the City of Redwood City and is effective immediately <br /> <br />upon completion of the annexation. <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />A TTY IRESO/RESO .1813 <br />043008 <br /> <br />3 <br /> <br />14861 <br />Muff #505 <br />
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