City of Stockton Agreement Request for Continuance of Master Tax Sharing Agreement 2026-05-11
Stockton Settlement Includes Five-Year Tax Share Notice Duty
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Description
The City of Stockton enters a settlement with Montezuma Fire Protection District, LAFCo, and LGRE Capital LLC over the Arch Road Project that includes a five-year commitment to notify the District of substantive tax-sharing negotiations affecting future detachments. The agreement also secures dismissal of litigation and District non-opposition to the project.
Contract Details
Vendor
CITY OF STOCKTON
Agency
City of Stockton, CA
Contract Type
OTHER
Document Date
May 11, 2026
Contract Term
Five (5) years following full execution of the Agreement
Renewal Info
City’s obligation to make reasonable efforts to notify the District of substantive tax sharing negotiations lasts for five years from full execution of the settlement agreement and then expires without automatic renewal.
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