HomeMy WebLinkAboutCC Reso No 1982-49RESOLUTION NO. 82-49
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A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF LAKE ELSINORE, CALIFORNIA, APPROV-
ING THE MASTER PRQPERTY TAX TRANSFER AGREE-
MENT BETWEEN THE CITY OF LAKE ELSINORE AND
THE COUNTY OF RIVERSTDE.
WHEREAS, the County o£ Riverside and the City o£ Lake
Elsinore are the agencies whose public services would be
by any annexation to the City of Lake Elsinore; and
WHEREAS, representatives of the County and City
previously met and negotiated an exchange o£ property tax
revenue to become e£fective £or areas annexed to the City
effective July 1, 1982; and
WHEREAS, this exchange of property tax revenue is in
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the best interests of the citizens of the City of Lake Elsinore;
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 paper work and to an increase in
efficiency; and
WHEREAS, the City Council desires to enter into a
master property tax transfer agreement with the County of
Riverside.
NOW, THEREFORE, BE IT RESOLVED by the City Council
of the City of Lake Elsinore as follows:
l. When the City of Lake Elsinore assumes the serv
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responsibility for the suppression and prevention
of structural fires in areas' to ~e: :anm~a~ec3 £:o~
such assumption of service the City shall receive
100 percent of that portion of the property tax
revenue generated within the territory annexed
and collected by the County of Riverside as a
structural fire protection tax.
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2. When the City of Lake Elsinore assumes the
responsibility for providing all other municipal
services to areas to be annexed, for such service
assumption the City shall receive 25 percent of
the County of Riverside's share o£ that portion
of the property tax revenue generated within the
territory to be annexed pursuant to the Californi
Constitution.
3. 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 pro-
visi.ons of Section 95 et seq. of the California
Revenue and Taxation Code.
4. The City Council of the City of Lake Elsinore
hereby agrees to the exchange o£ property tax
revenue set forth above, approves the master
property tax agreement with the County pursuant
hereto and authorizes the Mayor to execute such
agreement.
5. The City Clerk shall transmit a certified copy o£
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 this 13th day of July,
1982.
}~~..~ .~A~ ~~-~-~-<n~-e~~.~"//1l
ATTESTe -~ohn G. Unsworth, Mayor
~~~1~l~ //f -~~ii~i~~ . ,
L~E orah Harrington, Ci~k
(SEAL)
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