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HomeMy WebLinkAboutOrd 1995-2641 ORDINANCE NO. 2641 AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ESTABLISHING LIMITED-TERM, AD-HOC COUNCIL SUBCOMMITTEE REGARDING THE PROPERTY TAX SHARING AGREEMENT WITH SAN DIEGO COUNTY FOR OTAY RANCH WHEREAS, under state law, a property tax sharing agreement must be reached between the annexing city and the county before an annexation can be finalized; and WHEREAS, once an annexation application has been submitted to the Local Agency Formation Commission (LAFCO) and deemed complete, the property tax sharing negotiations between the annexing city and the county must be completed within 30 days or the annexation proposal cannot move forward; and WHEREAS, in the case of the proposed annexation of the western parcel of the Otay Ranch, the property tax sharing issue will be unusually complex and significant in terms of fiscal impact; and WHEREAS, given the short time frames specified in state law, staff is recommending that Council establish a limited-term ad-hoc Council subcommittee to advise the City Council on issues related to the property tax sharing agreement for Otay Ranch. NOW, THEREFORE, the City Council of the City of Chula Vista does hereby ordain as follows: SECTION 1. The City Council does hereby establish a limited-term, ad-hoc Council subcommittee regarding the property tax sharing agreement with San Diego County for Otay Ranch. SECTION 2. This ordinance shall take effect and be in full force and effect on the thirtieth day from and after its second reading and adoption. Presented by (/~~rp~ as t! f ~rJ by !% /,'~'~z~----~ ~, F/' ~ mes R. Thomson e M. Boogaard y City Manager City Attorney Ordinance No. 2641 Page 2 PASSED, APF'ROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 19th day of September, 1995, by the following vote: AYES: Councilmembers: Alevy, Moot, Padilia, Rindone, Horton NAYS: Councilmembers: None ABSENT: Councilmembers: None ABSTAIN: Councilmembers: None Shirley~4orton, Mayor ATTEST: ~"-Beverly A. Authelet, C~Cle;~ ~ STATE OF CALIFORNIA COUNTY OF SAN DIEGO ss. CITY OF CHULA VISTA I, Beverly A. Authelet, City Clerk of the City of Chula Vista, California, do hereby certify that the foregoing Ordinance No. 2641 had its first reading at a regular meeting held on the 12th day of September, 1995 and its second reading and adoption at a regular meeting of said City Council held on the 19th day of September, 1995. Executed this 19th day of September, 1995.