HomeMy WebLinkAbout09-058 - Resolutions RESOLUTION NO. 09-058
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO CUCAMONGA, CALIFORNIA, AUTHORIZING THE
CREATION OF REVENUE ENHANCEMENT ZONES WITHIN
THE CITY FOR THE PURPOSE OF GENERATING ADDITIONAL
PROPERTY TAX REVENUE FOR THE CITY OF RANCHO
CUCAMONGA
WHEREAS, the County of San Bernardino (the "County"), through its amended
Standard Practice No. 02-14SP, (the "Standard Practice') implemented County Policy No. 02-
14, Sharing Property Tax Revenues with Cities (the 'Policy'), which establishes procedures
concerning applying for and approving Revenue Enhancement Zones ("REZ") within Qualifying
Cities (defined in the Standard Practice), pursuant to the Policy and provides that it is the policy
of the County's Board of Supervisors ("Board") to provide for the equitable allocation of ad
valorem Property Tax Revenues (defined in the Standard Practice), between the County and its
incorporated cities; and
WHEREAS, the Board approved the creation of Revenue Enhancement Zones in
order to provide for the equitable allocation of therg owth of ad valorem Property Tax Revenues
between the County and incorporated cities that receive an allocation of less than 7% of the 1%
General Tax Levy Distribution Percentage (defined In the Standard Practice), within its
incorporated boundaries.
WHEREAS, the property tax revenue growth distributed to the Qualifying City
and County in each Revenue Enhancement Zone approved by the Board will be divided equally
(50/50 split) between the Qualifying City and the County, but in no event shall a Qualifying City
receive more than a 7% share of the 1% General Tax Levy Distribution Percentage if the
Qualifying City has any Redevelopment Areas within its incorporated boundaries; and
WHEREAS, the Standard Practice identifies the City of Rancho Cucamonga as a
Qualifying City and the County has determined that all land within the proposed Revenue
Enhancement Zones is Qualifying Land (defined in the Standard Practice) for the parcels listed
in Attachment A, and incorporated herein by reference; and
WHEREAS, the Standard Practice requires each Qualifying City to enter into an
agreement with a 25-year term setting forth the details of the Property Tax Revenues transfer
for each Revenue Enhancement Zone; and
WHEREAS, on April 1, 2009, the City held a duly noticed public hearing in
accordance with Revenue and Taxation Code Section 99.02 to consider the proposed effect of
the transfer of Property Tax Revenues for each Revenue Enhancement Zone.
Resolution No. 09-058
Page 2 of 5
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF RANCHO
CUCAMONGA, HEREBY FINDS AND RESOLVES AS FOLLOWS:
Section 1. The facts set forth in this Resolution are true and correct.
Section 2. The Council authorizes the establishment of Revenue Enhancement
Zones for the parcels listed in Attachment A for the purpose of generating additional property
tax revenue for the City as growth occurs.
Section 3. The form of Standard Agreement for Revenue Enhancement Zones,
by and between the City and the County of San Bernardino, is hereby approved, and the Mayor
and City Manager, or either of them, are hereby authorized and directed, for and in the name
and on behalf of the City to execute the Standard Agreement for Revenue Enhancement Zones
in substantially the form on file with the City Clerk and presented at this meeting, with such
changes therein as the officer executing the same may approve, such approval to be
conclusively evidenced by such execution and delivery thereof.
Section 4. The City Clerk shall certify to the adoption of this Resolution.
Please see the following page
for formal adoption,certification and signatures
Resolution No. 09-058
Page 3 of 5
PASSED, APPROVED, AND ADOPTED this 1 st day of April 2009.
AYES: Gutierrez, Kurth, Michael, Spagnolo, Williams
NOES: None
ABSENT: None
ABSTAINED: None
Donald J. Kurth, M.D., Mayor
ATTEST:
,IJa ce C. Reynold, City Clerk
I, JANICE C. REYNOLDS, CITY CLERK 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 Council held on the 1 st day of April 2009.
Executed this 2nd day of April 2009, at Rancho Cucamonga, California.
{/'Janie C. Reynolds, City Clerk
Resolution No. 09-058
Page 4 of 5
ATTACHMENT A
LISTING OF ALL PARCELS WITHIN THE
CITY OF RANCHO CUCAMONGA
THAT QUALIFY FOR ESTABLISHMENT OF
REVENUE ENHANCEMENT ZONES
Identifying Number Parcel Number(s) Acreage
P01 020005107 31.09
P02 020005167 50.16
P03 020006127 20.23
PO4 022519112 40.74
P05 022519113 29.50
P07 022612111 37.41
P08 022904109 79.67
P09 022929154 32.83
P10 0106151112 20.85
P11 0108708113 39.56
P12 0108708114 39.56
P13 0108708115 40.18
P14 0108708126 38.44
P15 0108708127 39.62
P16 0108708128 40.08
P17 (contiguous) 022608106, 0108708129 59.68
P18 020119127 40.88
P19 022608223 20.09
P20 022610101 38.08
P21 022610219 50.01
P22 022611105 52.56
P23 022611202 67.93
P24 0106101110 25.64
P25 0106141111 21.75
P26 0106145104 22.52
P27 0107401102 21.65
P28 0107435101 78.30
P30 0108707115 37.44
P31 0108708104 30.12
P32 0108708105 39.56
P33 0108708109 28.77
P34 0108708122 39.53
P35 0108708123 58.82
Resolution No. 09-058
Page 5 of 5
C1 (contiguous) 108708106, 108708107, 108708108,
108708110, 108708111, 108708112,
108708119, 108708120, 108708121 91.07
C2 (contiguous) 022510132, 022515207, 022515208,
022515209, 022515210, 022515211,
022515215, 022515216, 022515220,
022515221, 022516102, 022516141,
022516142, 108707116, 108707117,
108707121, 108707122, 108707123,
108707124, 108707125, 108708101,
108708102, 108708117 204.32
C3 (contiguous) 022608105, 022608107, 022608108,
022608111, 022608112, 022608113,
022608115, 022608116, 022608117 75.98
C4 (contiguous) 022512201, 022512202, 022512203,
022512204, 022512205, 022513105,
022513106, 022513107, 022513108,
022513109, 022513110, 022513111,
022513112, 022513113, 022513114,
022513115, 022513120, 022513121 109.50
C5 (contiguous) 022610202, 022610203, 022610204,
022610205, 022610206, 022610207,
022610208, 022610211, 022610220,
022610221, 022610222, 022611106 63.46
C6 (contiguous) 022608258, 022625101, 022625141,
022628201 50.67
C7(contiguous) 022608228, 022678217, 108719116 30.73
C8 (contiguous) 022519103, 022519104, 022519115 26.35
C10(contiguous) 022511105, 022511107, 022511108,
022511109, 022511137 22.31
C11 (contiguous) 020005166, 020006132, 020006133,
106101102, 106101103, 106101108,
106101109, 106102105, 106104107 38.08
C12 (contiguous) 104311101, 104318101, 106175101,
106175106, 106175107 59.56
C14 (contiguous) 106117204, 106117207, 106117218,
106117219, 106117220, 106119112 21.13
C15 (contiguous) 106106130, 106108101, 106108102,
106108103, 106108104, 106108105,
106108107, 106108108, 106109102 26.33
C16 (contiguous) 106138102, 106140102, 106141102,
106145105 41.72
C18 (contiguous) 110018134, 110019104, 110019105,
110020103, 110020104, 110020105,
110020106, 110020107 47.37
C19 (contiguous) 022706157, 022706173, 022706174 23.30
C20 (contiguous) 020127215, 020127216, 020127217,
020127218 37.86