HomeMy WebLinkAboutReso 1987-13023 RESOLUTION NO. 13023
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
CHULA VISTA ELECTING TO RECEIVE THE ALLOCATION OF
TAXES PURSUANT TO SECTION 33676 OF THE CALIFORNIA
HEALTH AND SAFETY CODE
WHEREAS, Section 33676 of the Community Redevelopment Law (Sections
33000 et. seq. of the Health and Safety Code of the State of California)
provides that any affected taxing agency, such as the City, may elect to be
allocated, in addition to that portion of taxes allocated to the City pursuant
to subdivision (a) of Section 33670 of said Law, all or any portion of the tax
revenues allocated to a Redevelopmerit Agency pursuant to subdivision (b) of
said Section 33670 attributable to increases in the City's tax rate imposed
for the benefit of the City which levy occurs subsequent to the tax year in
which the ordinance adopting the Amended Town Centre II Redevelopment Plan
becomes effective.
NOW, THEREFORE, BE IT RESOLVED, DETERMINED, AND ORDERED BY THE CITY
COUNCIL OF THE CITY OF CHULA VISTA AS FOLLOWS:
Section 1. The City Council of the City of Chula Vista hereby elects
to be allocated in addition to the portion of taxes allocated to this City
pursuant to subdivision (a) of Section 33670 of the Community Redevelopment
Law (Section 33000 et. seq. of the Health and Safety Code of the State of
California), all of the tax revenues allocated from the Town Centre II
Redevelopment Project Area pursuant to subdivision (b) of said Section 33670
attributable to any increases in this City's tax rates which occur after the
tax year in which the ordinance adopting the Amended Redevelopment Plan for
the Town Centre II Redevelopment Project of the City of Chula Vista becomes
effective.
Section 2. The City Clerk of the City of Chula Vista is hereby
directed to file forthwith certified copies of this resolution with the
governing body of the Redevelopment Agency of the City of Chula Vista, the
Auditor-Controller and the Tax Collector for the County of San Diego, State of
California.
Presented by Approved as to form by
WPC 2895H
ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF
CHULA VISTA, CALIFORNIA, this 7th day of, May
19 87 , by the following vote, to--wit:
AYES: Counci]members Nader, McCandliss, Cox, Hoore
NAYES: Counci ] members None
ABSTAIN: Councilmembers None
Malcolm
ABSENT: Cou nc i ] members
~Chula Vista
ATTEST~ -.- City Clerk ..... ~.
S ,. FE OF CALIFORNIA )
COUNTY OF SAN DIEGO ) ss,
CITY OF CHULA VISTA )
I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chula Vista, California,
DO HEREBY CERTIFY that the above and foregoing is o full, true and correct copy of
RESOLUTION N0. 15025
,and that the some has not been amended or repealed.
DATED
City Clerk
CIIY OF
CHULA VISTA
CC-660
IV - 8 "
CEU~A VISTA BEDEVELOP~BNT AGENCY
KSTlfiTED TAI INClEmEnT BEVENUE PROJECTIOHB
EBTIfiTE
TOVN CESTZE IX IEDEVELOPKENT HOJECT 865.41 Anresl
~evenue Projections
Assessed Valuation and Tax Inurelent
lAssuses 2~ Annual Increase Plus EedeveloF:ent)
Pruposed Base Year: Yr 1972 - 1579 Projected Base Veer Assessed YahetA:n: $17,1H,2~i
cnhn I 2 3 4 5 6 7 8
Other
Annual Fnre:asted Assessed i~sessed Total Estis~ted Cusiulative 2 Increase
Year Assessed Percent Valuation Valuation ASsessed Iucrezental Annual Tax Tax Over
No. Year Valuation Increase Increase Increase vahadon Valuation I=renent Inuresent Base Year
i I979 1980 17,1fi,20~ O.O 0 222,7~ I7,~70,954 222,724 0 0 1.8
2 1980 1951 17,~70,964 O.O 0 (H9.2501 12,811,70~ {975,498) O 0 -3.4
3 1981 1982 I2,611,7~| 2.0 O 385Jn9 16,997,511 8190,H7) 0 0 -1.1
2 1982 1923 12,997,511 0.0 0 481,549 17,~29,162 241,122 0 0 1.8
5 1983 1954 17,129,362 0.0 0 555,I12 17,925,472 797,272 0 O
~ 195| 1955 17,985,475 0.0 O 262.2~3 1L218,141 1,059,941 0 0
7 1955 1586 15,2~5,i{i 0.8 0 212,3ll 12,466,H2 1,278,2~1 0 0 7.4
8 1986 1957 18,~26,452 0.0 0 299,836 15,766,112 1,577,915 0 0
9 1987 1988 12,728.I12 2.0 375,322 4,340,142 23,481,822 6,293,222 22,997 22,937
10 1982 1989 23,481,552 2.0 469,H2 15,520,000 39,511,520 22,323,320 223,231 286,170 129.9
~1 1959 1990 39,51L520 2.0 790,230 15,1O0,573 55,4~2,12~ 32,214.1~3 382,1gi 265,111 222.3
!2 1990 1991 55,402,323 2.0 1,10L046 0 96,510,370 39,322,170 393,222 1,061,533 IlL5
13 1991 1992 56,510,370 2.0 1,130,207 0 '57,6~,577 40,45L377 40L528 1,452,057 235.3
14 1952 1993 57,6~3,577 2.0 1,152,512 O 58,793,359 81,805,i59 41~,092 I,HL109 242.1
15 1993 1994 55,793,359 2.0 1,175,868 0 59,989,297 42,721,057 427,511 2,309,919 248.9
16 1994 1995 59,969,257 2.0 1,199,385 0 21o188,642 43,980,442 89,805 2,789,728 295.9
17 1995 1996 21,15L5t2 2.0 1,223,373 0 22,392.~15 45,203,215 852,~38 3,201,752 22t.0
12 1992 1597 22,392,015 2.0 1,287,8i0 0 23,639.255 46,451,655 4H,517 3,~22.272 270.1
- 19 1997 1998 H,639,859 2.0 ' 1,272,797 0 64,912,692 47,724,452 477,2{5 4,143,522 277.7
20 1992 1999 64,912,652 2.0 -1,298,251 0 '62,210,908 29,022,705 J90,227 2,633,750 259.2
21 1999 2000 26,210,905 2.0 1,324,215 0 67,535,123 50,342,923 503,469 5,137,219 292.9
22 2~00 2~01 67,515,123 2.0 ~,350,702 0 62,H5,826 51,697,222 51~,972 5,654,199 300.2
23 2001 2002 62,555.826 2.0 1,377.717 0 ?0,253,512 93.075,342 5i0,753 6,128,949 308°8
22 2002 2D03 70.263,542 2.0 1,409,271 0 71o685,513 52,450,613 948,806 6,729,755 317.0
25 2003 2004 71.658,813 2.0 1,433,376 0 73,102,I59 55,913,9~9 559,1g0 7,282,595 325.3
22 2004 2005 73.i02,189 2.0 1,262,044 0 75,564,233 57,376,033 573,760 7.252,655 333.2
27 2009 2006 78.521,233 2.0 1.491,285 0 76,059,515 55,267,112 588,673 8,451,312 382.5
22 2206 2007 76.055.515 2.0 1.921,110 0 77,576,628 60,155,428 603,58i 5,055.213 351.3
29 2007 2008 77.57LH8 2.0 1.551.513 0 79.122,151 61,939,961 il~,i00 5.672,61~ 320.4
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