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HomeMy WebLinkAboutRES CC 1998 1536 1998 1021RESOUTION NO. 98 -1536 A JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF VENTURA AND THE CITY COUNCIL OF THE CITY OF MOORPARK AGREEING TO THE NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES FOR TRANSFERS OF SERVICE RESPONSIBILITIES AND BOUNDARY CHANGES BETWEEN THE COUNTY AND CITY. WHEREAS, Section 99 of the Revenue and Taxation Code (Stats. 1997, ch. 692, Sec 2) requires that, prior to the effective date of any jurisdictional change, all agencies whose service area or service responsibilities would be altered by such change shall determine the amount of property tax revenues to be exchanged between and among such affected agencies, and WHEREAS, it is specified that such jurisdictional change shall become effective only after each affected county and city agrees by resolution to accept a negotiated exchange of property tax revenues; and WHEREAS, in the event a the service area or service special districts, the Board in which such districts are exchange of property tax districts; and jurisdictional change affects responsibility of one or more of Supervisors of the county located shall negotiate any revenues on behalf of the WHEREAS, the adopting agencies shall notify the County Auditor who shall adjust the amount of property tax revenues determined for each local agency whose service area or service responsibility would be altered by such jurisdictional change. NOW, THEREFORE, the City Council of the City of Moorpark does resolve, determine and order as follows: Section 1. For territory annexed to the City of Moorpark a portion of the County's share of property tax revenue shall be transferred to the City; this amount shall be equal to 14.66% of the amount of property tax revenue allocated to the County from the annexation area beginning with the fiscal year the jurisdictional change becomes effective. Resolution No. 9u -1536 Page 2 Section 2. This agreement shall apply to all pending and future City boundary changes and shall be in effect until terminated by either party as provided in Section 3 herein. Termination of this agreement shall not affect the percentage share of property tax revenue transferred to the City on any completed annexations at the time of such termination. Section 3. If any state law is enacted or becomes effective after the date of this agreement which would or could alter the percent of property tax allocated to the City in conjunction with jurisdictional changes, or for any other reason, either the City or the County may terminate this agreement upon five (5) days written notice to the other party, provided copies of such notice are concurrently submitted to the Local Agency Formation Commission and the County Auditor - Controller. Section 4. If there are other jurisdictional changes which occur concurrently with the annexation of territory to the City (such as detachments or annexations to special districts not mentioned in this resolution), the exchange of property tax revenues in conjunction with those jurisdictional changes shall be subject to separate tax exchange agreements. Section 5. submitted t appropriate Section 99 An executed copy of this resolution shall be :o the County Auditor - Controller who shall make adjustments as provided in subdivision (a) of of the Revenue and Taxation Code. Section 6. An executed copy of this resolution shall be submitted to the Ventura Local Agency Formation Commission. APPROVED AND ADOPTED thi; ATTEST: Deborah S. Traffen edt, City Resolution No. 9u -1536 Page 3 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Deborah S. Traffenstedt, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 98 -1536 was adopted by the City Council of the City of Moorpark at a meeting held on the 21st day of October, 1998, and that the same was adopted by the following vote: AYES: Councilmembers Evans, Teasley, Wozniak and Mayor Hunter NOES: None ABSENT: Councilmember Perez ABSTAIN: None WITNESS my hand and the official seal of said City this 22nd day of October, 1998. S. Deborah._S. Traffenst t, City Clerk µ . oPQj. (seal)