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HomeMy WebLinkAboutAgenda Statement 1985/12/03 Item 11 COUNCIL AGENDA STATEMENT Item 11 Meeting Date 12/03/85 ITEM TITLE: RESOLUTION /�ZU 7,7,Accepting the Transfer of Property Tax Revenue From the San Diego County Flood Control District SUBMITTED BY: Director of Finance (4/5ths Vote: Yes X No ) REVIEWED BY: City Manager/r Diego is Effective July 1 , 1985, all City All property detached from the San Diego County Flood tax revenue allocated to the Flood Control District from rtheetaching cities is to be transferred from the District to the apppriate Each affected City must adopt eto be transferred the property tax revenue. The amount approximately $42,066. RECOMMENDATION: That Council approve the resolution. BOARDS/COMMISSIONS: Not Applicable. DISCUSSION: The San Diego County Flood Control. District formerly included four cities and scattered territories in eight other citie (including Chula tVisFa) because of annexations which had not subsequently Control District. Under currentlaw, District. The territory is to be included in a County Flood Co n The County is holding approximately $42,066 in property tax revenue collected from parcels that have previously These funds will be transferred to Chula FISCAL IMPACT: for The City of Chula Vista will rSCtheeTelegOaph CanyonaFlooduControl only Project. flood control purposes, such as )rm A-113 (Rev. 11/79)