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HomeMy WebLinkAboutReso 1986-12516 Revised. 6/6/86 RESOLUTION NO. 12516 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA APPROVING THE NEGOTIATED PROPERTY TAX EXCHANGE AND OTHER AGREEMENTS RELATING TO THE OTAY VALLEY/PALM AVENUE REORGANIZATION The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, Revenue and Taxation Code Section 99 requires the negotiation of any exchange of property tax revenues occasioned by jurisdictional changes between agencies affected, and WHEREAS, the proposed "Otay Valley/Palm Avenue Reorganization" has been filed with the Local Agency Formation Commission consisting of the annexation of territory to the City of Chula Vista, detachment of territory from the City of San Diego, and WHEREAS, the City of San Diego and the City of Chula Vista have negotiated to determine an equitable exchange of property tax revenues applicable to the proposed jurisdictional changes. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista hereby agrees with the City of San Diego on the apportionment of property tax revenues for the Otay Valley/Palm Avenue Reorganization as shown in Exhibit "A", attached hereto and made a part hereof by reference. BE IT FURTHER RESOLVED that the City of Chula Vista and the City of San Diego have mutually agreed to the following matters. These agreements are not intended as terms and conditions of the reorganization but are hereby ordered by both the City of Chula Vista and the City of San Diego: a) The City of Chula Vista agrees to hold harmless and to indemnify the City of San Diego by annually reimbursing in full the City of San Diego for any and all taxes which accrue on segments of the Coronado and South San Diego water pipelines and the Otay Valley Trunk Sewer that lie within the territories are to be reorganized. b) The City of Chula Vista will obtain agreement of the owners of the properties within the territories to be reorganized to fully participate in the funding of the improvements contained in the City of San Diego's Otay Mesa Public Facilities Financing Plan. c) The City of San Diego Water Utilities Department shall retain unrestricted rights of access for purposes of maintenance, repair, or replacement of those segments of the Coronado and South San Diego water pipelines and the Otay Valley Trunk Sewer that lie within the territory to be reorganized. BE IT FURTHER RESOLVED, that the City Manager is hereby authorized and directed to enter into an agreement with the City of San Diego consistent with the terms and conditions found herein. Presented by Approved as to form by Ly~n Chufstopher, ~Director 5homas J. Harron, City of Finance Attorney WPC 2870P -2- ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF CHULA VISTA, CALIFORNIA, this 10th day of. June 19 R6 , by the following vote, to-wit: AYES: Councilmembers Cox, Malcolm, Moore, Campbell NAYES: Councilmembers None ABSTAIN: Counci ]members None ABSENT: Counci lmembers McCandl iss City of Vista City' CI~" ---~ STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY OF CHULA VISTA ) I, JENNIE M. FULASZ, CMC, CITY CLERK of the City of Chul(3 Vista, California, DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of RESOLUTION NO. 12516 ,ODd fhat the some has not been amended or repe(]led DATED ~ City Clerk CITY OF CHULA VISI'A CC-660