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HomeMy WebLinkAboutResolution - 1350 1 RESOLUTION NO. 1350 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JACIN- TO DETERMINING THE AMOUNT OF PROPERTY TAX REVENUE TO BE EXCHANGED BETWEEN THE COUNTY OF RIVERSIDE AND THE CITY OF SAN JACINTO RELATING TO ANNEXATION NO 38 TO THE CITY 4 OF SAN JACINTO 5 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN JACINTO IN REGULAR SESSION ASSEMBLED ON THE 7th DAY OF October 1980 THAT: 6 1 . The County of Riverside and the City of San Jacinto are the agencies 7 whose area of responsibility for service would be affected by Annexation No. 38 to. the.City of San Jacinto, designated LAFC No. 8 2. Representatives of each of the affected agencies have met and negotiate 9 an exchange of property tax revenue to become effective for tax purposes begin- ning July 1 , 1980, as follows: - 10 A. The City of San Jacinto shall assume the service responsibility for 11 the suppression and prevention of structural fires in the area to be annexed, for which purpose it maintains a fire department, and for such service assumption 12 shall receive 100 percent of that portion of the property tax revenuegenerated within the territory _to be annexed that is presently collected by the County of 13 Riverside as a structural fire protection tax. 14 B. The City of San Jacinto shall assume the responsibility for all other general municipal services to the area to be annexed as are required by law or 15 presently provided throughout the City and for such service assumption shall re- ceive 25 percent of that portion of property tax revenue generated within the 16 territory to be annexed under the ad valorem tax ,rate established by Article XIII-A of the Constitution of the State of .California, that represents the Count 17 of Riverside ' s share of such property tax revenue. 18 C. The County Auditor shall convert the above established percentage figures into actual dollar figures and thereafter allocate such property tax 19 revenue in accord with the provisions of Section 95 et seq. of the Revenue and Taxation Code. 20 3. The City Council of the City of San Jacinto does hereby agree to the 21 above-recited exchange of property tax revenue. 22 4. The Clerk shall transmit a certified copy of this Resolution to each af- fected gency and to the Executive Office of the Local Agency Formation Commis- 23 sion and to the Auditor of the County of Riverside pursuant to Section 99 `of the Revenue and Taxation Code. 24 MOVED, PASSED AND ADOPTED the 7th day of October 1980 25 ATTEST: 26 I P4P�R RARE McLEAN, CITY CLERK 27 By May of Sa acint Depot 28 CERTIFICATE 29 The foregoing is certified to be a true copy of a Resolution duly adopted by the said City Council of the City of San Jacinto on the date herein set forth. 30 MARGARET McLEAN, CITY CLERK 31 11 6 By- r / f 32 Depu