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HomeMy WebLinkAbout01-051 - Resolutions RESOLUTION NO. 01-051 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 JURISDICTION CHANGE DESCRIBED BY LAFCO NO. 2872 SECTION 1: The City Council of the City of Rancho Cucamonga hereby finds and determines that: a. Pursuant to Section 99 of the Tax Revue 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 of service responsibilities will be altered by a proposed jurisdiction change shall negotiate and determine by resolution the anount of property tax revenues to be exchanged between and among such agencies. b. Except as provided in Section 99(b)(5)of the Revenue and Taxation Code, in the event that a jurisdiction 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(s), 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 tax revenues to be exchanged as a result of the following jurisdictional change: LAFCO No. 2872 — CITY OF RANCHO CUCAMONGA SECTION 2: The City Council of the City of Rancho Cucamonga hereby resolved and orders that: a. The negotiated exchange of property tax revenues between the City of Rancho Cucamonga and the County of San Bernardino, attached hereto as Exhibit "A" and incorporated herein by reference, resulting from the above-described jurisdictional change is hereby approved and accepted. b. The annual tax increment generated in the area subject to thejurisdictional change and attributable to the local agencies whose service area of service responsibilities will be altered by the proposed jurisdiction 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 is hereby authorized and 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. Resolution No. 01-051 Page 2 of 4 PASSED, APPROVED AND ADOPTED this 7th day of March, 2001. AYES: Alexander, Biane, Curatalo, Dutton, Williams NOES: None ABSENT: None ABSTAINED: None Willis . Alexand r, Mayor ATTEST: DeBra J. Adams,CMC, City Clerk I, DEBRA J.ADAMS,CITY CLERKof 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 Council held on the 7th day of March, 2001. Executed this 8th day of March, 2001, at Rancho Cucamonga, California. Deb a J. Adams, C, City Clerk Resolution No. 01-051 Page 3 of 4 INTEROFFICE MEMO ; DATE: February 6, 2001 PHONE: 386-8831 FROM: LARRY ROSS Office of the Auditor Controller FEB 0 7 2001 TO: KATHY MCDONALD LAFCO LAFCO San BanacUo CwntY SUBJECT: ESTIMATED TAX REVENUE SUBJECT TO A NEGOTIATED EXCHANGE PURSUANT TO THE PROVISIONS OUTLINED IN SENATE BILL 180 AMENDING SECTION 99 OF THE REVENUE AND TAXATION CODE,THE ENCLOSED INFORMATION IS PROVIDED FOR LAFC# 2872 ZS$ Resolution No. 01-051 Page 4 of 4 PROPERTY TAX REVENUE AND PROPORTIONS BY AGENCY AS ESTIMATED BY THE AUDITOR/CONTROLLER PER SENATE BILL 180, SECTION 99(B) 1-3 LAFCO# 2872 ANNEXATION TO: CITY OF RANCHO CUCAMONGA CITY OF RANCHO CUCAMONGA REVENUE%IN MAJOR TRA: 5.189656% TRA# 70008 ASSESSED VALUE $0 TAX REVENUE $0 FY 2000-01 ESTIMATED CURRENT COUNTY AGENCIES TAX DISTRIBUTION % TAX REVENUE GENERAL OPERATIONS 15.024424% 0 FLOOD ZONE# 1 2.625228% 0 FLOOD CONTROL ADMIN 0.186616% 0 LIBRARY 1.458952% 0 COUNTY REVENUE TOTAL $0 FY 2000-01 ESTIMATED CURRENT OTHER AFFECTED AGENCIES TAX DISTRIBUTION % TAX REVENUE RANCHO CUCAMONGA FIRE 12.471371% 0 CSA 70-COUNTY WIDE 2.703569% 0 INLAND EMPIRE WEST RCD 0.185997% 0 INLAND EMPIRE UTILITIES AGCY 1.547058% 0 INLAND EMPIRE UTILITIES AGCY 2.936929% 0 0 0 0 0 0 0 0 OTHER AGENCIES TOTAL $0 REVENUE GRAND TOTAL $0 PREPARED BY: LARRY ROSS DATE: JANUARY 26,2001 CHECKED BY: BOB WRIGHT zsq