HomeMy WebLinkAbout88-553 - Resolutions RESOLUTION NO. 88-553
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA, CALIFORNIA, DETERMINING THE AMOUNT OF PROPERTY
TAX REVENUES TO BE EXCHANGED BETWEEN AND AMONG THE COUNTY
OF SAN BERNARDINO AND THE CITY OF RANCHO CUCAMONGA
RESULTING FROM THE JURISDICTIONAL CHANGE DESCRIBED BY LAFC
NO. 2505
SECTION 1: The City Counci~l of the City of Rancho Cucamonga 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 whose service area or service
responsibilities will be altered by a proposed
jurisdictional change sh~ll negotiate and determine
by resolution the amount of property tax revenues to
be exchanged between and among such agencies.
B. Except as provided in Section 99.1 of the Revenue and
Taxation Code, in the event that a jurisdictional
change would effect 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 Rancho Cucamonga and
the Board of Supervisors of the County of San
Bernardino have determined the amount of property t~x
revenues to be exchanged as a result of the following
jurisdictional change:
LAFC NO. 2505 - CITY OF RANCHO GUCAMONGA
SECTION 2: The City Council of the City of Rancho Cucamonga hereby
resolves and orders that:
A. The negotiated exchange of property tax revenues
between the City of Rancho Cucamonga and the County
of San Bernardlno, attached hereto as Exhibit "A3"
and incorporated herein by reference, resulting from
the above-described jurisdictional change will be
based on the City's historical share of 5.15~ and is
hereby approved and accepted.
Resolution No. 88-553
Page 2
B. The annual tax increment generated in the area
subject to the jurisdictional change and attributable
to the local agencies whose service are or service
responsibilities 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 Rancho Cucamong~ is hereby
directed to certify to 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.
PASSED, APPROVED, and ADOPTED this 7th day of September, 198~.
AYES: Buquet, King, Wright
NOES: None
~Dennls L. Stout, Mayor
ATTEST:
Beverly ~. Authelet, City Clerk
I, BEVERLY A. AUTHELET, CITY. CLEP~. of the City of Rancho
Cucamonga, California, do hereby certify that the foregoing Resolution was duly
passed, approved, and adopted by the City Council of the City of Rancho
Cucamonga, California, at a regular meeting of said City Counc'il held on the
7th day of September, 1988.
Executed this 8th day of September, 1988 at Rancho ~ucamonga,
California.
Beverly ~ Authelet, City Clerk
~HIBZT Aa Resolution No. 88-553
ANNEXATION TO THE Page 3
City of Rancho Cucamonga .
LAFC NOS. 2503, 2504 AND 2505
CITY PERCENT IN ANNEXED AREA
4.9%
LAFC 2503 LAFC 2504 LAFC 2505
TRA # 70008 70007 70007
MV $ 1,083,099 112,828 1,735,076
REVENUE S 10,831 1,128 17,351
CHANGE IN CHANGE IN CHANGE IN
BASE YEAR BASE YEAR BASE YEAR
FOR USE IN FOR USE IN FOR USE IN
1988-89 19~-89 1988-89 TOTAL
COUNTY
General Operations S (230) S (26) $ (387) $ (643)
Flood Control
Flood Zone
Library (281) (30) (a67) (778)
Total County: $ 511 S 56 S 854 $ 1,421
OTHER AFFECTED
AGENCIES*
CSA #?0 S (2) (0) S (3) $ (5)
CSA #70 ZONE N (25) (2) 36 (63)
Total Affected
Agencies: (27) (2) (39) (68)
TOTAL (538) (58) (893) (1,489)
TRANSFER TO
CITY $ 538 S8 893 S 1,489
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