HomeMy WebLinkAbout95-032 CC ResolutionRESOLUTION NO. 95-32
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
TEMECULA, CALIYORNIA, APPROVING THE MASTER PROPERTY
TAX TRANSFER AGREEMENT BETWEEN THE CITY OF TEMECULA
AND THE COUNTY OF RIVERSIDE UPON ANNEXATIONS OF
TERRITORY TO THE CITY
W-!~REAS, the County of Riverside and the City of Temecula are the agencies whose
public services would be affected by any annexation to the City of Temecula; and,
WItEREAS, representatives of the County and the City have met and negotiated an
exchange for property tax revenue to become effective for areas annexed to the City beginning
July 1, 1995; and,
WItEREAS, this exchange for property tax revenue is in the best interest of the
citizens of the City of Temecula; and,
WHEREAS, Section 99(d) of the California 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 desires to enter into a master
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 City of Temecula assumes the service responsibilities for the
suppression and prevention of structural fures in annexed areas, for such assumption of services
the City shall receive 100% of that portion of the property tax revenue generated within the
territory annexed and collected by the County of Riverside as a structural lure protection tax.
Section 2. When the City of Temecula assumes the service responsibility for the
provision of library services to annexed areas, for such service assumption the City shall
receive 100% of that portion of the property tax revenue generated within the territory annexed
and collected by the County of Riverside for provision of library services.
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Section 3. The City of Temecula shall assume the responsibility for providing all other
general municipal services to areas to be annexed, and for such service assumption the City
shall receive 25 % of that portion of the property tax revenue generated within the territory to
be annexed under the ad valorem tax rate established by Article XIIIA of the Constitution of
the State of California that represents the County of Riverside'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 ~l. of the California Revenue and Taxation
Code.
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 master 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.
APPROVEI~ AND ADOFI~D, this 28th day of March, 1995.
ATTEST:
'~J~fre~ E. Stone, Mayor
J~~r~k, CMC, City Clerk
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STATE OF CALIFORNIA)
COUNTY OF RIVERSIDE)
CITY OF TEMECULA)
55
I, June S. Greek, City Clerk of the City of Temecula, HEREBY DO CERTIFY that the
foregoing Resolution No. 95-32 was duly adopted at a regular meeting of the City Council of the
City of Temecula on the 28th day of March, 1995 by the following roll call vote.
AYES: 5
COUNCIL MEMBERS:
Lindemans, Mufioz, Parks, Roberts,
Stone
NOES:
0 COUNCIL MEMBERS: None
ABSENT: 0 COUNCIL MEMBERS: None
~neS. Greek,' C'-"~erk
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