HomeMy WebLinkAbout95_002 TCSD Resolution RESOLUTION NO. CSD 95-02
A RESOLUTION OF THE BOARD OF DUTECTORS OF THE A
CO SERVICES DISTRICT, APFROVING THE MASTER
FROFERTY TAX TRANSFER AG BETWEEN THE
CO SERVICES DILSTRICT AND THE COUNTY OF IDE
UFON ANNEXATTONS OF TERRITORY TO THE ULA
CO TY SERVICES DISTRICT
WHEREAS, the County of Riverside and the Temecula Community Services District
("Temecula CSD") are the agencies whose public services would be affected by any annexation
to the Temecula CSD; and,
WHEREAS, representatives of the County and the Temecula CSD have met and
negotiated an exchange for property tax revenue to become effective for areas annexed to the
Temecula CSD beginning July 1, 1995; and,
, this exchange for property tax revenue is in the best interest of the citizens
of the Temecula CSD; and,
WHEREAS, Section 99(d) of the Califomia Revenue and Taxation Code now provides
for adoption of a master property tax transfer agreement, which agreement may be revised from
time to time by the parties; and,
WHEREAS, the adoption of such an agreement would contribute to a reduction in
paperwork and to an increase in efficiency; and,
WHEREAS, the City Council of the City of Temecula as the governing body of the
Temecula CSD desires to enter into a master property tax transfer agreement with the County of
Riverside.
NOW, THEREFORE, THE CITY COUNCIIL OF THE Crff OF TEMECULA AS
THE GO G BODY OF TIRE ULA CSD DOES RESOLVE AS FOLLOWS:
Section 1. Upon annexation of territory to the Temecula CSD, no portion of the property
tax revenue generated within the territory annexed under the ad valorem tax rate established by
Article XIIIA of the Constitution of the State of Califomia shall be transfeffed to the Temecula
CSD.
Resos.Csd\95-02
Section 2. The County Auditor is hereby requested to convert the above established
percentage figures into actual dollars, and thereafter to allocate such property tax revenue in
accordance with the provisions of Section 95 rA @. of the Califoniia Revenue and Taxation Code.
Section 3. The City Council of the City of Temecula as the governing body of the
Temecula CSD hereby agrees to the exchange of property tax revenue set forth above and
approves this master property tax agreement with the County.
Section 4. The City Clerk shall transmit a certified copy of this Resolution to the Clerk
of the Board of Supervisors, to the Executive Officer of the Local Agency Formation
Commission, and to the Riverside County Auditor pursuant to California Revenue and Taxation
Code Section 99.
APFROVED AND ADOPTED, this 28th day of March, 1995.
Ronald President
ATREST:
cmc,
City Clerk/Board Secretary
[SEAL]
Resm.Csd\95-02 2
STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE) ss
CrrY OF TEMECULA)
1, June S. Greek, City Clerk/Board Secretary of the Temecula Community Services
District, HEREBY DO CERTTFY that the foregoing Resolution No. CSD 95-02 was duly adopted
at a regular meeting of the Board of Directors of the Temecula Community Services District on
the 28th day of March 1995 by the following roU call vote.
AYES: 5 BOARDMEMBERS: Lindemans, Muiioz, Parks, Roberts, Stone
NOES: 0 BOARDMEMBERS: None
ABSENT: 0 BOARDMEMBERS: None
June S. Greek, CMC,
City Clerk/Board Secretary
Resos.Csd\95-02 3