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HomeMy WebLinkAboutReso 1984-11772 RESOLUTION NO. 11772 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA AGREEING TO THE METHODOLOGY FOR THE NEGOTIATED PROPERTY TAX EXCHANGE RELATING TO JURISDICTIONAL CHANGES - LOWER SWEETWATER REORGANIZATION (CITY OF CHULA VISTA) The City Council of the City of Chula Vista does hereby resolve as follows: WHEREAS, on August 21, 1984, the City of Chula Vista passed a resolution consenting to negotiate with the County of San Diego outside the bounds of the Master Property Tax Exchange Agreement for the proposed Lower Sweetwater Reorganization, and WHEREAS, the County of San Diego Board of Supervisors also on August 21, 1984 agreed to said negotiations outside the Master Agreement, and WHEREAS, the exact figures are unavailable until such time as an auditor's report is prepared, and WHEREAS, the parties have agreed to the methodology of determining the tax exchange, and WHEREAS, the methodology will be as follows: All of the base and all of the annual tax increment from the detaching special districts (Lower Sweetwater Fire Protection District, County Library, and County Flood Control District) shall be transferred to the City of Chula Vista. The County General Property Tax is not changed. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby agree to the following methodology to determine the property tax exchange for the proposed Lower Sweetwater Reorganization: All of the base and all of the annual tax increment fram the detaching special districts (Lower Sweetwater Fire Protection District, County Library, and County Flood Control District) shall be transferred to the City of Chula Vista. The County General Property Tax is not changed. Presented by Approved as to form by It "'!f~ --/¿u-/ \.....------ n, City Attorney ADOPTED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF CHULA VISTA, CALIFORNIA, this 25th day of September 19 84 ,by the following vote, to_it: McCandliss, Moore, Malcolm AYES: Councilmen NAVES: Councilmen ABSTAIN: Cot.rIcilmen ABSENT: Councilmen None None Cox, Moore J.~ /J. (1, May6f 0 he City of Chula Vista ATTEST ~ ~~"Y V City erk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) s s. 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 a full, true and correct copy of RESOLUTION NO. 11772 ,and that the same has not been amended or repealed. DATED (sea ) City Clerk CC-660