A copy of the contract and a copy of each resolution shall be transmitted to the auditor, or officer holding the equivalent position, of each local agency which is a party to the contract. Thereafter, upon the receipt of revenues transmitted by the State Board of Equalization pursuant to § 7204 of the Revenue and Taxation Code, the auditor or equivalent officer shall allocate the funds pursuant to the terms of the contract.

(Added by Stats. 1968, Ch. 991.)

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Terms Used In California Government Code 55706

  • Contract: A legal written agreement that becomes binding when signed.
  • local agency: means a county, city and county, and city, both chartered and general law. See California Government Code 55700
  • revenue: means revenue derived from the tax collected pursuant to the Bradley-Burns Uniform Local Sales and Use Tax Law provided for in Part 1. See California Government Code 55702
  • State: means the State of California, unless applied to the different parts of the United States. See California Government Code 18