TAX SHARING-SF BERNAL PROPERTY ANNEXATION

'1 In th, beinl by a prop, shall corn] recei for a D. The equi' anne secti City This exchange of pi subject annexation; Equalization of the to December 31 of' Dated: Dated: SiP 1 9 201 Exhibit A Page 2 of 4 : event that the City assumes full responsibility for a service not currently ; provided by the City within its incorporated city limits, but being provided ;eparate County taxing agency or special district within the territory ]sed for annexation, pursuant to Revenue and Taxation Code 99(b), the City receive, in addition to the allocation determined in A above, an allocation of ~uted property tax revenue equivalent to the share of property tax revenue red by the County taxing agency or special district in the territory proposed ~exation. ounty shall receive an allocation of computed property tax revenue ,alem to its current share of property tax revenue in the territory proposed for <ation plus the share or shares of property tax revenue allocated to it in >n B above, less the share of computed property tax revenue allocated to the in section A above, and in section C above as applicable. operty tax revenues will be effective as to each property annexed within the trea for the fiscal year following the filing with the State Board of Eertificate of Completion for such property providing the filing occurs prior he preceding year. a~,~OVED AS TO FORM;,,] CITY ATTORNEY COUNTY.OF ALAMEkDA President, Board of Supervisors Approved as to Form RICHARD E. WINNIE, County Counsel