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Res86 10377
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Res86 10377
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Last modified
10/11/2019 1:46:05 PM
Creation date
10/11/2019 1:46:04 PM
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Template:
CC Index
CC Index - Document Type
Resolution
Date
11/24/1986
Description
RES 0 L UTI 0 N N O. 1U377 NOV 24 1986 RESOLUTION APPROVING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES AND AGREEING TO ACCEPT SUCH EXCHANGE UPON JURISDICTIONAL CHANGE OF CERTAIN PROPERTIES PROPOSED FOR ANNEXATION FROM THE UNINCORPORATED AREA OF THE COUNTY OF SAN MATEO TO THE CITY OF REDWOOD CITY (LANDS OF BEESON)
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<br />SWc:sh 11/17/86 <br /> <br />the1986-87 assessed valuation for the affected property will be <br /> <br />transferred in total to the City of Redwood City as follows: <br /> <br />a. From County of San Mateo to City of <br />Redwood City.......................... $165.16 <br /> <br />b. From County Library Fund to City of <br />Redwood City.......................... $ 91. 13 <br /> <br />c. From San Mateo County Fire Protection <br />Fund to City of Redwood City.......... $169.43 <br /> <br />2. In accordance with Section 3 (a) of Article XIIIB of the <br /> <br />Constitution of the State of California, the appropriation limit of <br /> <br />the City of Redwood City shall be increased by the amounts listed <br /> <br />above, and the appropriation limits of the transferor entities <br /> <br />described above shall be decreased by the same amount. <br /> <br />3. The City Clerk is hereby authorized and directed to <br /> <br />transmit copies of this resolution to the San Mateo County Local <br /> <br />Agency Formation Commission, and to the County of San Mateo, for <br /> <br />itself, the County Library Fund, and the County Fire Protection <br /> <br />Fund. <br /> <br />4. This resolution shall be effective upon its adoption and <br /> <br />operative upon the effective date of the subject reorganization. <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />2 <br />
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