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HomeMy WebLinkAbout98-101 CC ResolutionRESOLUTION NO. 98-101 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TEMECULA, CALIFORNIA, APPROVING A PROPERTY TAX TRANSFER AGREEMENT BETWEEN THE CITY OF TEMECULA AND THE COUNTY OF RIVERSIDE UPON DETACHMENT FROM THE CITY OF CERTAIN TERRITORY LOCATED NEAR THE INTERSECTION OF MURRIETA HOT SPRINGS ROAD AND WINCHESTER ROAD AND ALSO KNOWN AS ASSESSOR'S PARCEL NUMBER 911-140-007 WHEREAS, the County of Riverside and the City of Temecula are the agencies whose public services would be affected by the detachment from the City of certain territory located near the intersection of Murrieta Hot Springs Road and Winchester Road and also known as Assessor's Parcel Number 911-140-007; and, WHEREAS, representatives of the County and the City have met and negotiated an exchange for property tax revenue to become effective for the territory to be detached; and, WHEREAS, this exchange for property tax revenue is in the best interest of the citizens of the City of Temecula; and, WHEREAS, the City Council of the City of Temecula desires to enter into a property tax transfer agreement with the County of Riverside. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF TEMECULA DOES RESOLVE AS FOLLOWS: Section 1. When the County of Riverside assumes the service responsibilities for the suppression and prevention of structural fires in the territory to be detached, for such assumption of services the County shall receive 100 percent of that portion of the property tax revenue generated within the territory to be detached and collected by the County of Riverside as a structural fire protection tax. Section 2o When the County of Riverside assumes the service responsibility for the provision of library services to the territory to be detached, for such service assumption the County shall receive 100 percent of that portion of the property tax revenue generated within the territory to be detached and collected by the County of Riverside for provision of library services. Section 3. The County of Riverside shall assume the responsibility for providing all other general services to the territory to be detached, and for such service assumption the County shall receive 100 percent of that portion of the property tax revenue generated within the territory to be detached under the ad valorem tax rate established by Article XlllA of the Constitution of the State of California that represents the City's share of such property tax revenue. Section 4. 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 et seq. of the California Revenue and Taxation Code. R:Resos98-101 I Section 5. The City Council of the City of Temecula hereby agrees to the exchange of property tax revenue set forth above and approves this property tax agreement with the County. Section 6. 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. PASSED, APPROVED, AND ADOPTED, by the City Council of the City of Temecula at a regular meeting held on the 13th day of October, 1998. ~Mayor A'I'rEST: ones [SEAL] 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. 98-101 was duly and regularly adopted by the City Council of the City of Temecula at a regular meeting thereof held on the 13th day of October, 1998, by the following vote: AYES: 5 NOES: 0 ABSENT: 0 COUNCILMEMBERS: COUNCILMEMBERS: COUNCILMEMBERS: Comerchero, Ford, Lindemans, Stone, Roberts None None Su n W. Jor~es, CMC ity Clerk R:Resos 98-101 2