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RESOLUTION NO. 2025-059 <br /> A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PLEASANTON <br /> AUTHORIZING THE CITY MANAGER TO ENTER INTO AN AGREEMENT WITH THE <br /> COUNTY OF ALAMEDA TO ALLOW THE EXCHANGE OF PROPERTY TAX <br /> REVENUE ASSOCIATED WITH THE ANNEXATION OF THE MERRITT PROPERTY <br /> INTO THE CITY OF PLEASANTON (FILED UNDER CASE NO. P22-1089) <br /> WHEREAS, on July 16, 2024, the City Council approved an annexation request of the <br /> Merritt Property into the City of Pleasanton, affirming that the annexation implements the City's <br /> General Plan land use policies and provides for orderly growth at the City's boundaries <br /> (hereinafter the `Project"); and <br /> WHEREAS, under California Revenue and Taxation Code Section 99, annexations <br /> require an agreement between the affected city and county for the exchange of property tax <br /> revenues; and <br /> WHEREAS, the Alameda County Local Agency Formation Commission (LAFCO) <br /> requires adoption of such an agreement as a condition of approval for annexation of the Merritt <br /> Property; and <br /> WHEREAS, Staff and representatives of the County of Alameda have negotiated the <br /> terms of a Property Tax Transfer Agreement that allocates to the City of Pleasanton an <br /> appropriate share of the property tax revenues generated by the Merritt Property, reflecting the <br /> City's responsibility for providing municipal services to the annexed parcels; and <br /> WHEREAS, the City Council finds that approval of the Property Tax Transfer Agreement <br /> is in the public interest and necessary to advance the annexation process. <br /> WHEREAS, on September 9, 2025, the Alameda County Board of Supervisors authorized <br /> the proposed Property Tax Transfer Agreement; and <br /> WHEREAS, on October 21, 2025, the City Council held a duly noticed public hearing to <br /> consider the Property Tax Transfer Agreement, all public comments and testimony, and findings. <br /> NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF PLEASANTON DOES <br /> RESOLVE, DECLARE, DETERMINE, AND ORDER THE FOLLOWING: <br /> SECTION 1. Prior to taking action on the Project, and at a properly noticed public <br /> meeting, the City Council reviewed written and oral staff reports, conducted a public hearing on <br /> the Project and took testimony, and received into the record all pertinent documents related to <br /> the Project (collectively, the "Record Evidence"). The City Council's determination is based on <br /> the Record Evidence, which is incorporated into this Resolution by reference. <br /> SECTION 2. This action is consistent with the adopted General Plan as it would facilitate <br /> the annexation and development of the Merritt property, which actions were approved by the City <br /> Council based on the basis of the project's alignment with the applicable land use designations <br /> and supports the General Plan's Programs, Policies, and Goals, including those related to <br /> implementation of the City's Housing Element, and with General Plan policies with respect to <br /> annexation, insofar as the project would be adequately served by infrastructure and services, <br />