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R 1419 . - ,"""'\ J RESOLUTION NO. 1419 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE ACCEPTING NEGOTIATED EX- CHANGE.OF PROPERTY TAX REVENUE BASE FROM THE CITY OF ARROYO GRANDE TO THE COUNTY OF SAN LUIS OBISPO. The following resolution is hereby offered and read: WHEREAS, pursuant to Revenue and Taxation Code Section 99 (b) (as added by AB 8 and AB 1019), in case of jurl~dictional changes (other than city in- corporations or district formations), it is required that the amount of property I tax revenue base (hereinafter referred to as "PTRB") to be exchanged among affected agencies ,shall be determined by negotiation; and WHEREAS, when a city is Involved, the negotiation is between the city and the Board of Supervisors for the County; and . WHEREAS, when a district but no city is involved, the Board of Super- visors of the County negotiates on behalf of both the districts and the County; and WHEREAS, said Section 99(b) requires that negotiating parties by reso~ lution agree to accept the negotiated exchange of PTRB between affected agencies and requires that a copy of each such resolution be transmitted to the County Auditor; and WHEREAS, upon receipt of the necessary resolutions ~nd a copy of the recorded certificate of completion from LAFCo, the County Auditor Is required by Revenue and Taxation Code Section 99 (b) to make appropriate adjustments; and WHEREAS, such negotiation has taken place concerning transfer of PTRB between the County of San Luis Obispo and the City of Arroyo Grande pursuant to said Section 99 (b) for the jurisdictional change designated as Garing-Los Berros , Annexation to the City of Arroyo Grande; and i WHEREAS, the negotiating/consulting parties, to wit: Kent Taylor on behalf of the County of San Luis Obispo, and Thomas M. Butch on behalf of the City of Arroyo Grande have agreed to accept the negotiated exchange of PTRB between such entitles as forth hereinafter; and ,\ WHEREAS, it is in the public interest that such negotiated PTRB exchange be consummated. NOW, THEREFORE, BE IT RESOLVED AND OROERED by the City Council of the City of Arroyo Grande, as follows: 1. That the recitals set forth hereinabove are true, correct and valid~ 2. That the City of Arroyo Grande herein agrees to accept the following negotiated exchange of PTRB: a. PTRB in the amount of zero shall be transferred from the County of San Luis Obispo, and such amount shall be transferred to the CitY,of Arroyo Grande, in the fiscal year 1981-82. 3. Upon receipt of a certified copy of this Resolution and a copy of said recorded certificate of completion, the County Auditor shall, pursuant to said I Section 99 (b), make the adjustments (negotiated exchange of PTRB) as set forth , in Paragraph #2 hereinabove. 4. The City Clerk be and hereby is authorized and directed to forward a certified copy of this Resolution to the San Luis Obispo County Local Agency Formation Commission Executive Officer who shall then disseminate copies thereof . , a5 required by law. Upon motion of Council Member Vandeveer, seconded by Council Member Hogan and on the following rol1 can vote, to wit: j AYES: Council Members Smith, Hogan, Vandeveer, Hinis and Mayor Pope NOES.: None ABSEtlT : None the foregoing resolution is 'm,,~~t;W/ DEPUTY Y CLERK ~_. _'. ---~'1-__.""""---'-:'- ~_'h _~~J.,~~.T.rL~~~~.,~~~,~+~~~,).~..JW~~J4..m.,-- i