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Resolution 12100CITY OF ALAMEDA RESOLUTION NO. 12100 ELECTING TO RECEIVE ALL OR ANY PORTION OF THE TAX REVENUES PURSUANT TO HEALTH AND SAFETY CODE SECTION 33676 WHEREAS, by Resolution No. 2157, adopted on February 25, 1991, the Planning Board of the City of Alameda selected and designated the boundaries of the project area (the "Project Area ") for the proposed Community Improvement Plan for the Business and Waterfront Improvement Project (the "Project "), approved a Preliminary Plan for the Project and submitted said Preliminary Plan to the Redevelopment Agency of the City of Alameda (the "Agency "); and WHEREAS, the Agency is preparing a proposed redevelopment plan (the "Redevelopment Plan") for the Project; and WHEREAS, Section 33676 of the Health and Safety Code provides that prior to the adoption of a redevelopment plan an affected taxing agency may elect to receive, in addition to the portion of taxes allocated to the affected taxing agency pursuant to Health and Safety Code Section 33670(a), all or any portion of the tax revenues allocated to the Agency pursuant to Health and Safety Code Section 33670(b) which are attributable to (a) the tax rate increases imposed for the benefit of the taxing agency after the tax year in which the ordinance adopting the redevelopment plan becomes effective; and /or (b) the increases in the annual assessed value of taxable property in the Project Area, as the assessed value is established by the assessment roll last equalized prior to the effective date of the ordinance adopting the Redevelopment Plan, calculated under Revenue and Taxation Code Section 110.1(f) (collectively, the "Increases "); and WHEREAS, the City Council desires to receive all such Increases;_ NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ALAMEDA0 does hereby resolve as follows: Section 1. The Council hereby elects to receive allz Increases as herein defined. Section 2. The City Clerk is hereby directed and authorized to transmit copy of this resolution to the Executive Director of the Redevelopment Agency of the City of Alameda and to the tax collector of Alameda County. I, the undersigned, hereby certify that the foregoing Resolution was duly and regularly adopted and passed by the Council of the City of Alameda in regular meeting assembled on the sixteenth of April, 1991, by the following vote to wit: AYES: Councilmembers Arnerich, Camicia, Roth and President Withrow - 4. NOES: None. ABSENT: None. ABSTENTIONS: Councilmember Lucas - 1. IN WITNESS, WHEREOF, I have hereunto set my hand and affixed the official seal of said City this seventeenth day of April, 1991. Diane F sch, City Clerk City of Alameda