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6.3A <br /> Attachment 1 Page 5 <br /> 4. The property tax incremental factar to be trans#erred from the <br /> Emerald lake Lighting Distri�i (Tax Code 73-019) ta the City of Redwood City is <br /> .0180504697. <br /> In accordance with Section 3a of Articie X11tB of#he State Constitu#ion, the <br /> appropriation iimit of the City of Redwood City shall be increased by amounts <br /> indicated above, and the appropriation limits of the transfer or entities described <br /> above shall be decreased by the same amount. The exchange of said revenues <br /> is approved conditianed upon the completion of the proposed annexation of the <br /> Lands of Pacific Shores to the City af Redwood City and is effective immediately <br /> upon comptetion of#he annexation. <br /> * � * <br /> a,mr�eso���so.ti a�s 3 <br /> 043608 <br />