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HomeMy WebLinkAboutResolution - 1367 RESOLUTION NO. 1367 l 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SAN JACIN- TO DETERMINING THE AMOUNT OF PROPERTY TAX: REVENUE TO BE 3 EXCHANGED BETWEEN THE COUNTY OF RIVERSIDE AND THE CITY -OF SAN JACINTO RELATING TO ANNEXATION NO. 41 4 5 BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SAN JACINTO IN REGULAR SESSION ASSEMBLED ON THE 20th DAY OF January 1981 fi 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. 41 to the City of San Jacinto, 8 2. Representatives of each of the affected agencies have met and negotiate 4 an exchaknge 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 revenue generated within the territory to be annexed that is presently collected by the County of 13 Riverside as a structural fire protection tax. B. The City of San Jacinto shall assume the responsibility for all other 14 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. C. The County Auditor shall convert the above established percentage 1 figures into actual dollar figures and thereafter allocate such property tax 1 9 revenue in accord with the provisions of Section 95 et seq. of the Revenue and Taxation Code. 0 3. The City Council of the City of San Jacinto does hereby agree to the 21 above-recited exchange of property tax revenue. 2 1 4. The Clerk shall transmit a certified copy of this Resolution to each af- fected agency and to the Executive Office of the Local Agency Formation Commis- 2 lion and to the Auditor of the County of Riverside pursuant to Section 99 of the Revenue and Taxation Code. 4 MOVED, PASSED AND ADOPTED the 20th day of January 1981 . 25 ATTEST: 26 , MARGAREI Mc LEAN , CITY CLERK h1a"05Jaci to i � F r By tj 7 --- Deputy 28 CERTIFICATE 2.9 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. 3C) RARGAREJ/Tf/McLEAN, CITY CLERK 31 32 Deputy k