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1980-34 RESOLUTION NO. 80-34 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAND TERRACE, CALIFORNIA, APPROVING AND ACCEPT- ING THE NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES RESULTING FROM THE JURISDICTIONAL CHANGE INVOLVING THE COUNTY OF SAN BERNARDINO, LAFC NO. 1928. THE CITY COUNCIL OF THE CITY OF GRAND TERRACE DOES RESOLVE AS FOLLOWS: Section 1 . The City Council of the City of Grand Terrace hereby finds and determines that: A. Pursuant to Section 99 of the Revenue and Taxation Code, prior to the effective date of any jurisdictional change, the governing bodies of all agencies whose service areas or service responsibilities would be altered by such change must determine the amount of property tax revenues, ; : ' to be exchanged between the affected agencies and approve and accept,the------- negoti.ated exchange of property tax revenue by resolution. In the_e-v_(�nt - that such a jurisdictional change would affect the service area or:.�6vicec, �= responsibility of one or more special districts, the San Bernardi no`_ ounty=- Board of Supervisors shall , on behalf of the district or districts, .jegot w;= ate any exchange of property tax revenues. B. The City Council of the City of Grand Terrace and the Board--of Supervisors of the County of San Bernardino have determined the amount of property tax revenues to be exchanged as a result of the following jurisdictional change: City of Grand Terrace LAFC No. 1928 Section 2. The City Council of the City of Grand Terrace therefore resolves and orders that the negotiated exchange of property tax revenues between the City of Grand Terrace and the County of San Bernardino result- ing from the above-described jurisdictional change, attached hereto as Exhibit "A" and incorporated herein by reference, is approved and accepted. Further, it is understood that future property tax revenue will be distributed to the City of Grand Terrace in an amount not less than the percentage obtained by applying the herein agreed-upon amount ($1 ,379) to the total amount of property tax revenue generated ($5,019) within LAFC No. 1928 per Exhibit "A". Section 3. The City Clerk of the City of Grand Terrace is hereby directed to certify to the passage of this resolution and to cause a certified copy to be sent to the Auditor-Controller of the County of San Bernardino and to the Executive Officer of the Local Agency Formation Commission of the County of San Bernardino. ADOPTED THIS 14t4 day of August, 1980. Mayor of the City _ race and of the City ouncil thereof. ATTEST: , Ci tyi J_ rk of the C ty of Grand Terre•ce^and of the City Council -thereof. Approved as to form: y Attorney -2- EXHIBIT "A" RESOLUTION NO. 80-34 ADOPTED AUGUST 14, 1980 ANNEXATION TO THE CITY OF GRAND TERRACE 25.5% LAFC #1928 TRA 64050 AV $268,055 Change in Current Estimated Base Year Tax Current for Use Distribution Tax Revenue in 1980-81 COUNTY General Operations 40.0 4,288 (648) Flood Control .4 43 (43) Flood Zone-#2 3.3 354 (354) Library 2.9 311 (311 ) TOTAL COUNTY 4,996 (1 ,356 TRANSFERRED DIST. CSA 70 .02 2 (2) CSA 70-A .2 21 (21 ) TOTAL TRANSFERRED 23 (23 CITY 1 ,379 TOTAL 5,019 -0- STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO ) ss. CITY OF GRAND TERRACE ) I , MYRNA LINDAHL, City Clerk of the City of Grand Terrace, DO HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of said City at a special meeting of the City Council held on the 14th day of August, 1980, and that it was so adopted by the following vote: AYES: Councilment Grant Petta, Nix, Rigley; Mayor Tillinghast. NOES: None ABSENT: None lVK.� - City Clffk of the Ci y of Grannd Terrace and of the City Council thereof. STATE OF CALIFORNIA ) COUNTY OF SAN BERNARDINO ) ss. 'CITY OF GRAND TERRACE ) I , MYRNA LINDAHL, City Clerk of the City of Grand Terrace, DO HEREBY CERTIFY that the above and foregoing is a full , true, and correct copy of Resolution No. 80-34 of said City Council , and that the same has not been amended or repealed. DATED: August 14, 1980 City CAerk of the City of Grand( = ` = Terrace and of the City Council thereof. �f -