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HomeMy WebLinkAbout03-086 CC ResolutionRESOLUTION NO. 03-86 A JOINT RESOLUTION OF THE BOARD OF DIRECTORS OF THE VALLEY WIDE RECREATION AND PARK DISTRICT AND THE CITY COUNCIL OF THE CITY OF TEMECULA DETERMINING THE AMOUNT OF PROPERTY TAX REVENUES TO BE EXCHANGED BY AND BETWEEN THE CITY OF TEMECULA AND THE VALLEY WIDE RECREATION AND PARK DISTRICT RESULTING FROM THE JURISDICTIONAL CHANGE DESCRIBED BY LAFCO 2001-22-3. THE BOARD OF DIRECTORS OF THE VALLEY WIDE RECREATION AND PARK DISTRICT AND THE CITY COUNCIL OF THE CITY OF TEMECULA HEREBY RESOLVE AS FOLLOWS: Section 1. The Valley Wide Recreation and Park District Board and the City of Temecula City Council do hereby find, determine and declare that: The City of Temecula submitted an annexation proposal to the Riverside Local Agency Formation Commission (LAFCO); and Pursuant to Section No. 99 of the Revenue and Taxation Code, prior to the issuance of a certificate of filing by the LAFCO Executive Officer, the governing bodies of all local agencies whose 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; and Pursuant to Section 99.01 of the Revenue and Taxation Code, and notwithstanding the provisions of paragraph (5) of subsection (b) of Section 99 of the Revenue and Taxation Code, any special district affected by a jurisdictional change may negotiate on its own behalf; and The City of Temecula and the Valley Wide Recreation and Park District (VWRPD) have determined the amount of property tax revenues to be exchanged as a result of the following jurisdictional change(s): LAFCO 2001-22-3-MINOR: APPROVING THE PROPOSED REORGANIZATION TO INCLUDE ANNEXATIONS TO THE CITY OF TEMECULA, THE TEMECULA COMMUNITY SERVICES DISTRICT (Subsidiary) AND CONCURRENT DETACHMENTS FROM COUNTY SERVICE AREA 152 AND THE RIVERSIDE COUNTY WASTE RESOURCES MANAGMENT DISTRICT R:/Resos 2003/Resos 03-86 I Section 2. One hundred percent (100%) of the property taxes allocated to VWRPD for the area referenced by LAFCO 2001-22-3 (Detachment Area), are currently pledged by VWRPD to pay the debt service on VWRPD's Certificates of Participation, issued in the principal amount of $1,765,000 (Certificates). The City does hereby agree to pay VWPRD the sum of $13,704 which amount represents the contribution of the taxes from Detached Area to the payment of debt service on the Certificates. The City Council does hereby resolve and order that pursuant to the provisions of Revenue and Taxation Code Section 99, upon the detachment from WNRPD of the Detachment Area it is the intent of City and VWRPD that one hundred percent (100%) of the property taxes currently allocated to VWRPD for the Detachment Area shall be reallocated to the City. VWRPD and the City agree to take such further actions as are required to effectuate this property tax allocation with the Auditor Controller and Tax Collector of Riverside County and LAFCO. Section 3. The County Auditor shall convert the above-established percentage figures into actual dollar figures and thereafter allocate such property tax revenue in accordance with the provisions of Section 95, et. seq., of the Revenue and Taxation Code. Section 4. No additional transfer of property tax revenues shall be made to or from any other taxing agency or agencies as a result of this Resolution. Section 5. The City Clerk and the Clerk to the Board shall certify to the adoption of this Resolution by the City Council and cause a certified copy to be sent to the LAFCO Executive Officer. Section 6. This Resolution becomes effective upon adoption by the Temecula City Council and the VWRPD Board. Section 7. If any section, subsection, sentence, clause or phrase of this Resolution is for any reason held to be invalid or unconstitutional by decision of any court of competent jurisdiction, the City and VWRPD shall be deemed to have adopted this Resolution without such section, subsection, sentence, clause or phrase. R:/Resos2003/Resos 03-86 2 PASSED, APPROVED, AND ADOPTED, by the City Council of the City of Temecula this 22nd day of July, 2003. ATTEST: ones, CMCI r '[SEAL] ~ ~ef~ E. Stone, Mayor STATE OF CALIFORNIA ) COUNTY OF RIVERSIDE ) ss CITY OF TEMECULA ) I, Susan W. Jones, CMC, City Clerk of the City of Temecula, California, do hereby certify that Resolution No. 03-86 was duly and regularly adopted by the City Council of the City of Temecula at a regular meeting thereof held on the 22"d day of July, 2003, by the following vote: AYES: 5 COUNCILMEMBERS: Comerchero, Naggar, Pratt, Roberts, Stone NOES: 0 COUNClLMEMBERS: None ABSENT: 0 COUNClLMEMBERS: None ABSTAIN: 0 COUNCILMEMBERS: None lerk The foregoing Resolution was adopted by the Board of Directors of the Valley Wide Recreation and Park District on the 21st day of July, 2003. ATTEST: Valerie I~aBgel, clerk o'T th(Board VALLEY WIDE RECREATION AND PARK DISTRICT SaCral Manager R:/Resos 2003/Resos 03-86 3