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AGRl~ <br />THE CITY <br /> <br />This Agreement is n <br />and shall constitute' <br />Revenue and Taxati, <br />99(b)(5) provides th <br />responsibility of a Sl <br />district is located sh~ <br />district. <br /> <br />The parties agree th~ <br />the North, the Arro, <br />the Southeast, and <br />shown on Exhibit <br />incorporated herein, <br />exchange of propert <br /> <br /> A. The ¢ <br /> equix <br /> cityu <br /> multi <br /> CUlTe <br /> each <br /> asses <br /> secuI <br /> How, <br /> rolls. <br /> <br />I hereby certify under p <br />execute this document t <br />that a copy has been de] <br /> <br />Date: 9/28/00 <br /> <br />Exhibit A <br />Page 1 of 4 <br /> <br />EMENT BETWEEN THE COUNTY OF ALAMEDA AND <br />PLEASANTON REGARDING TRANSFER OF PROPERTY TAX <br /> REVENUES IN CONNECTION WITH <br /> THE SAN FRANCISCO BERNAL PROPERTY <br /> ANNEXATION <br /> <br />~ade pursuant to the provisions of Revenue and Taxation Code Section 99 <br />he agreement for exchange of property tax revenues required by the <br />)n Code Section 99(b)(6). Furthermore, Revenue and Taxation Code section <br />tt if a jurisdictional change wilt alter the service area or service <br />~ecial district, the Board of Supervisors of the county in which the special <br />dl negotiate any exchange of property tax revenues on behalf of the special <br /> <br />I for annexation of parcels within the area bordered by Bemal Avenue on <br />a de la Laguna on the West, Castlewood Country Club to Interstate 680 on <br />e Alameda County Transportation Corridor and Case Avenue on the East, as <br />pages 3-4, listing all applicable parcel numbers, to this agreement and <br />the Auditor-Controller of the County of Alameda is directed to cause an <br />tax revenue as follows: <br /> <br />ity is entitled to receive an allocation of computed property tax revenue <br />alent to the share of property tax revenue it receives on a weighted average <br />ide. The weighted citywide average shall be computed annually as follows: <br />ply the city's current AB8 factor in each tax rate area within the city by the <br />at secured assessed valuation in each tax rate area to arrive at a product for <br />:ax rate area. The sum of those products is divided by the total secured <br />~ed valuation within the city to arrive at a weighted citywide average. The <br />:d tax roll is used here to establish the weighted citywide average. <br />:ver, the factors resulting from application of the fom~uta will apply to all tax <br /> <br />:nalty of perjury that the President of the Board of Supervisors was duly authorized to <br />n behalf of the County of Alameda by a majority vote of the Board on 9/19/00 ; and <br />[vered to the President as provided by Government Code Section 25103. <br /> ATTEST: <br /> <br />CRYSTAL K. HISH1DA, Clerk of the Board of <br />Supervisors, County of Alameda, State of California <br /> <br /> <br />