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HomeMy WebLinkAboutResolution 38-84 i RESOLUTION NO. 38-84 RESOLUTION ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUE AND ANNUAL TAX INCREMENT FROM: County of San Luis Obispo TO: City of Atascadero WHEREAS, in the case of a jurisdictional change other than a city incorporation or district formation which will alter the service area or responsibility of a local agency, Revenue and Taxation Code Section 99 (b) requires that the amount of property tax revenue to be exchanged, if any, and the amount of annual tax increment to be exchanged among the affected local agencies shall be determined by negotiation; and WHEREAS, when a city is involved, the negotiations are conducted between the city and the Board of Supervisors for the County; and WHEREAS, Revenue and Taxation Code Section 99 (b) requires that each local agency, upon completion of negotiations, adopt resolutions whereby said local agencies agree to accept the negotiated exchange of property tax revenues, if any, and annual tax increment and requires that each local agency transmit a copy of each such resolution to the Executive Officer of the Local Agency Formation Commission; and WHEREAS, no later than the date on which the certificate of completion of the jurisdictional change is recorded with the County Recorder, the Executive Officer shall notify the County Auditor of the exchange of property tax revenues by transmitting a copy of said reso- lutions to him and the County Auditor shall thereafter make the appro- priate adjustments as required by law; and WHEREAS, the negotiations have taken place concerning the transfer of property tax revenues and annual tax increment between the County of San Luis Obispo and the City of Atascadero pursuant to Section 99 (b) for the jurisdictional change designated as Annexation No. 3 to the City of Atascadero; and WHEREAS, the negotiating parties, to-wit: Kerry E. Harms, Deputy County Administrator, County of San Luis Obispo and Ralph H. Dowell, Jr. , Acting City Manager , City of Atascadero, have negotiated the exchange of property tax revenue and annual tax increment between such entities as hereinafter set forth; and 0 i WHEREAS, it is in the public interest that such negotiated exchange of property tax revenues and annual tax increment be consum- mated. NOW, THEREFORE, BE IT RESOLVED AND ORDERED by the City Council of the City of Atascadero, as follows: 1. That the recitals set forth above are true, correct and valid. 2. That the County of San Luis Obispo agrees to accept the following negotiated exchange of property tax revenues and annual tax increment: a. Property tax revenues in the amount of $0.0 shall be transferred fromt the County of San Luis Obispo to the City of Atascadero in the fiscal year 1985-86 . b. Annual tax increment in the amount to be determined by the County Auditor, based upon the following percentage agreed to by the negotiating parties, 12.95997 percent, shall be transferred from the County of San Lus Obispo to the City of Atascadero in the fiscal year 1985-86 and each fiscal year thereafter. 3. Upon receipt of a certified copy of this resolution and a copy of the recorded certificate of completion, the County Auditor shall make the appropriate adjustments to property tax revenues and annual tax increment as set forth above. 4. That the City Clerk is authorized and directed to transmit a certified copy of this resolution to the Executive Officer of the San Luis Obispo County Local Agency Formation Commission, who shall then distribute copies thereof in the manner by law. Upon motion by Councilman Molina , seconded by Councilman Mackey and on the following roll call vote, to-wit: AYES: Councilman Molina, Handshy and Councilwoman Norris and Mackey and Mayor Nelson NOES: None ABSENT: None The foregoing resolution is hereby adopted. 0 z 0 w w w a 0 x x a w a U H W v z H H z H •• w c >4 z hw O H O C7 w H U •� N U Wa z ►ai H U) 3 A H H H A LY. A U •• ,� W C7 w H H o z o m t1'i Ri ' w w w H N 0 a a a 4H ADMINISTRATION BUILDING CITY ATTORNEY " POST OFFICE BOX 747 POST OFFICE BOX 749 ATASCADERO,CALIFORNIA 93423 ATASCADERO,CALIFORNIA 93423 PHONE: (805) 466-8000 PHONE: (805) 466.5678 CITY COUNCIL � sea et ' 'A CITY CLERK CITY TREASURER POLICE DEPARTMENT POST OFFICE BOX 747 CITY MANAGER INCORPORATED JULY 2, 1979 ATASCADERO, CALIFORNIA 93423 FINANCE DEPARTMENT PHONE:.(805) 466-8600 PERSONNEL DEPARTMENT PLANNING DEPARTMENT PUBLIC WORKS DEPARTMENT - FIRE DEPARTMENT RECREATION DEPARTMENT 6005 LEWIS AVENUE ATASCADERO, CALIFORNIA 93422 PHONE: (805) 466.2141 CERTIFICATION I, GEORGIA A. RAMIREZ, Acting City Clerk of the City of Atascadero, California hereby certify that the foregoing is a true and correct copy of Resolution No. 38-84 adopted by the Atascadero City Council at a regular meeting thereof held on August 13, 1984. DATED: 8-20-84 E GIA R.PNIREZ, A ting Ci Clerk City of Atascadero, Cal ' o is