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HomeMy WebLinkAbout5191_CCv0001.pdf RESOLUTION NO, 5191 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDLANDS IN CONNECTION WITH THE DETERMINATION OF THE AMOUNT OF PROPERTY TAX REVENUES TO BE EXCHANGED BETWEEN AND AMONG THE COUNTY OF SAN BERNARDINO AND THE CITY OF REDLANDS RESULTING FROM THE JURISDICTIONAL CHANGE DESCRIBED BY LAFCO NO. 2789. SECTION 1. THE CITY COUNCIL OF THE CITY OF REDLANDS hereby finds and determines that: A. Pursuant to Section 99 of the Revenue and Taxation Code, prior to the issuance of a Certificate of Filing by the Local Agency Formation Commission Executive Officer, the governing bodies of all local agencies who service area or service responsibilities will be altered by a proposed jurisdictional change shall negotiate and determine by resolution the amount of property tax revenues to be exchanged between and among such local agencies. B. Except as provided in section 99.1 of the Revenue and Taxation Code, in the event that a jurisdictional change would affect the service area or service responsibility of one or more special districts, the Board of Supervisors of the County of San Bernardino shall, on behalf of the district or districts, negotiate any exchange of property tax revenues. C. The City Council of the City of Redlands and the Board of Supervisors of the County of San Bernardino have determined the amount of property tax revenues to be exchanged as a result of the following jurisdictional change; LAFCO NO. 2789 - CITY OF REDLANDS ANNEXATION (CITRUS PLAZA) SECTION 2. THE CITY COUNCIL OF THE CITY OF REDLANDS hereby resolves and orders that: I. The negotiated exchange of property tax revenue between the City of Redlands and the County of San Bernardino, attached hereto as Exhibit "A" and incorporated herein by reference, resulting from the above-described jurisdictional change, is approved and accepted. 2. As a result of the "Agency Settlement Agreement" by and among the Inland Valley Development Agency (IVDA), the City of Redlands, The City of Highland and the East Valley Association, the City of Redlands shall receive from the County Auditor-Controller all incremental taxes levied upon the assessed value of taxable property in the annexed area in any fiscal year which exceeds the assessed value in fiscal year 1989-90 (the "Base Year") , as follows: the ad valorem property taxes that would otherwise be allocated to the City of Redlands in the absence of the Inland Valley Development Agency's Redevelopment Plan attributable to assessed value in excess of the Base Year assessed value shall be remitted by the County Auditor-Controller one-half (112) to the City of Redlands and one-half (112) to IVDA as tax increment revenues in the year of such annexation and in every year thereafter until the date of termination of the Plan, as provided in the Plan or any extension thereof(the "Termination Date"). 3. The revised annual tax increment generated in the area subject to the jurisdictional change and attributable to the local agencies whose service area or service responsibility will be altered by the proposed jurisdictional change shall be allocated in future years pursuant to the provisions of Section 98 of the Revenue and Taxation Code. SECTION 3. The City Clerk of the City of Redlands is hereby directed to certify the passage of this resolution and to cause a certified copy to be sent to the Executive Officer of the Local Agency Formation Commission of the County of San Bernardino. ADOPTED, SIGNED AND APPROVED this 6th day of June, 1995. 7— e Mayor of the City of Redlands ATTEST: City_Uerk I, Lorrie Poyzer, City Clerk of the City of Redlands, hereby certify that the foregoing resolution was duly adopted by the City Council at a regular meeting thereof held on the 6th day of June, 1995, by the following vote: AYES: Councilmembers Foster, Cunningham, Gilbreath, Gil; Mayor Larson NOES: None ABSENT: None City rk EXHIBIT "A" ANNEXATION TO THE CITY OF REDLANDS LAFCO NO. . 2789 CITY PERCENT IN ANNEXED AREA TRA # 104072 MV $ 9,328,344 REVENUE $ 93,283 CHANGEIN CHANGEIN CHANGEIN BASE BASE BASE 1994-95 1994-95 _ 1994-95_ TOTAL COUNTY General Ops. $ (2,027) (2,027) Flood Control 0 0 Flood Zone 0 0 Library* (1.392) _ (1.392) Total County; $ (3,419) $ (3,419) *OTHER AFFECTED AGENCIES CSA#38 Gen Fire $ (10,414) (10,414) CSA #38 Zone G (964) (964) CSA azo Countywide (2570) (2,570) CSA#70 Zone A (553) (553) East Valley RCD 0 0 San Bernardino 0 0 Valley Water CD San Bernardino 0 - 0 Valley MWD Total Affected $ (14,501) $ (14,501) Agencies TOTAL: $ (17,920) $ (17,920) Transfer to District $ 17,920 S 17,920