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HomeMy WebLinkAboutCC 9 ANNEXATION 151 06-03-91CONSENT CALENDAR NO. 9 6-3-91 g got.' Inter-Com SATE: JUNE 31 1991 TO: WILLIAM A. HUSTON, CITY MANAGER FROM: -COMMUNITY 'DEVELOPMENT DEPARTMENT SUBJECT: MASTER PROPERTY TAX TRANSFER AGREEMENT TO THE PROPOSED ESPLANADE/HOLT ANNEXATION NO. 151 RECOMMENDATION Approve the Master Property Tax Transfer Agreement to the Proposed Esplanade/Holt Annexation No. 151 by the adoption of City Council Resolution No. 91-80 as submitted or revised. BACKGROUND On January 21, 1991, the City Council authorized the application for the Annexation of territory known as Esplanade/Holt Annexation No. 151. In addition, the City Council confirmed the application of the Master Property Tax Transfer Agreement and a 45 City/55 County tax share ratio of anticipated revenues within the proposed annexation area. The Master Property Tax Transfer Agreement between the County of Orange and the City of Tustin provides for property tax exchange in areas annexed by the City. The Agreement, however, does not cover annexations over 100 acres. Annexations over 100 acres must be separately negotiated. While the County has in the past accepted the historical tax share ratio for annexation areas in Tustin over 100 acres, they rejected the Council's tax share resolution adopted on January 21st and requested that Annexation 151 be negotiated. In negotiating the tax share ratio with the County, it was the County's objective to fully offset any adverse impacts on the County General Fund as a result of the annexation. Based upon information available from the Auditor -Controller's office, the following revenue was available for negotiation. County General Fund County Structural Fire Fund OCSLAD (street lighting) CSA 5 $384,208.00 248,558.00 37,382.00 2,577.00 Total $672,719.00 City Council Report Re: Annexation No. 151 June 3, 1991 Page 2 Instead of the 45/55 tax share ratio, the County has agreed to a 39/6l City/County ratio . based on figures calculated by County staff . and: their original negotiation' position to offset any impacts. on the- County General Fund (Exhibit A compares the 45/55 and 39/61% ratio) . It should be noted that the County originally proposed a 35/65 split but the City of Tustin was able to raise several issues that disputed the County's data justifying the 35/65 ratio. The 39/61 proposed tax share ratio is still a significant departure from previous actions by the County and the City should expect that any action on their part will provide a precedent in any future annexation negotiations. However, it is our understanding that without approval of the attached tax share agreement by the City Council on June 3rd, Annexation No. 151 will not be heard by LAFCO on June 19, 1991. Christine Shingle n Assistant City Manager Community Development Department Attachment: Master Property Tax Transfer Agreement EXHIBIT A PROPOSED TAX SHARE RATIO ANNEXATION NO. 151 City General Fund Share Historical 45155 Tax Share Ratio $302,724 County General Fund Share 369,995 $672,719 Proposed 3 9,Z 61 Tax Share Ratio $262,360 410,359 $672,719 ° Please note that the County Fire fund would lose $248,552 to City of Tustin. This fire fund revenue would be, however, offset by Tustin General Fund fire contract cost increases. ° OCSLAD and CSA 5 revenues would'be transmitted to City of Tustin in amount of $39,959.00. CS:kd\annxl5l.ccr 1 2 3 4 5 6 .7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 91-80 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, APPROVING A MODIFICATION TO THE MASTER PROPERTY TAX TRANSFER AGREEMENT ON THE PROPOSED ESPLANADE/HOLT ANNEXATION NO. 151 WHEREAS, the County of Orange and the City of Tustin have previously entered into the Master Property Tax Transfer Agreement dated November 18, 1990; and WHEREAS, annexations over 100 acres which are developed/substantially developed are excluded from the terms of said agreement and are subject to separate property tax transfer negotiations; and WHEREAS, the County Administrative Officer and the City Manager of the City of Tustin have negotiated an exchange of property tax revenues for the City of Tustin. Annexation No. 151, an annexation which is over 1.100 acres and is developed/substantially developed pursuant to Section 99 of the Revenue and Taxation Code. NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Tustin does hereby: 1. Determine that the reallocation of property tax revenues from the proposed Annexation No. 151 to the City of Tustin shall be governed by the terms of the Master Property Tax Transfer Agreement said property deemed to be developed/ substantially developed, except that Section 5 of the Master Property Tax Transfer Agreement does not apply to the proposed Annexation No. 151 to the City of Tustin and that a City -County tax ration of 39 percent City and 61 percent County shall be used in lieu of the historical City -County tax ratio for both the base revenues and growth in tax revenues calculations. 2. Direct the City Clerk to notify the Executive officer of the Local Agency Formation Commission and the County of Orange Chief Administrative Office of the City's determination. 1 2 3 4 5 6 .7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 Resolution No. 91-80 Page 2 PASSED AND ADOPTED at a regular meeting of the Tustin City Council, held on the 3rd day of June, 1991. CHARLES E. PUCKETT, Mayor MARY E. WYNN, City Clerk STATE OF CALIFORNIA) COUNTY OF ORANGE) SS CITY OF TUSTIN) CERTIFICATION FOR RESOLUTION NO. 91-80 MARY E. WYNN, City Clerk and ex -officio Clerk of the City Council of the City of Tustin, California, does hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and foregoing Resolution No. 91-80 was duly and regularly introduced, passed and adopted at a regular meeting of the City Council held on the.3rd day of June, .1991, by the following vote: COUNCILMEMBERS AYES: COUNCILMEMBERS NOES: COUNCILMEMBERS ABSTAINED: COUNCILMEMBERS ABSENT: MARY E. WYNN, City Clerk