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HEARING - Consider recommendations regarding the allocation of property tax revenues between the City of Goleta and Goleta West Sanitary District resulting from detachment, Third District, as follows: (EST. TIME: 1 HR.)
a) Adopt a Resolution allocating the distribution of property tax revenues between the City of Goleta and Goleta West Sanitary District agreeing to allocate all ad valorem property taxes currently allocated to Goleta West Sanitary District from within the corporate boundaries of the City of Goleta to the City;
b) Approve and authorize the Chair to execute a property tax allocation agreement between the City of Goleta and County Santa Barbara Board of Supervisors; and
c) Recommend to Local Agency Formation Commission allocation of existing Goleta West Sanitary District property tax reserves in the amount of $20 million for the upgrade of the Goleta Sanitary District treatment plant.
COUNTY EXECUTIVE OFFICER'S RECOMMENDATION: POLICY
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