HomeMy WebLinkAboutCC RESO 15,623RESOLUTION NO. 15,623
RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF NATIONAL CITY
AGREEING TO PROPERTY TAX EXCHANGE BETWEEN
THE CITY OF NATIONAL CITY
AND SAN DIEGO COUNTY LIGHTING MAINTENANCE
DISTRICTS NO. 1 AND 3
WHEREAS, San Diego County Lighting Maintenance District No. 1 and 3,
hereinafter referred to as LMD1 and LMD3, are proposed to be dissolved; and
WHEREAS, a new assessment district known as the San Diego County
Street Lighting District, hereinafter referred to as the District, is
proposed to be formed as successor agency to LMD1 and LMD3; and
WHEREAS, the District shall contain all and only that territory in the
unincorporated area of the County; and
WHEREAS, the dissolution of LMD1 and LMD3 and formation of the
District are not required to be reviewed and approved by the Local Agency
Formation Commission; and
WHEREAS, the City of National City has service responsibilities that
would be altered by the proposed change; and
WHEREAS, the Revenue and Taxation Code 99(c) requires the acceptance,
by resolution, of the negotiated exchange of property tax revenues by all
affected agencies; and
WHEREAS, the Board of Supervisors of the County of San Diego has
negotiated with the City to determine an equitable exchange of property tax
revenues applicable to such jurisdictional exchange;
NOW THEREFORE, BF IT RESOLVED THAT the negotiated exchange of property
tax revenues shall be as follows:
a. Within the incorporated City of National City, all property tax
revenues (both based and annual tax increment) shall be
transferred to the City.
b. Within the unincorporated territory, all property tax revenues
(both base and annual tax increment) shall be transferred to the
San Diego County Street Lighting District as the successor agency
to LMD1 and LMD3.
BE IT FURTHER RESOLVED THAT subsequent annexation of properties to
National City shall result in detachment ficxu the San Diego County Street
Lighting District and a transfer of property taxes to the City of National
City pursuant to the Master Property Tax Agreement adopted by the Board of
Supervisors on November 20, 1984.
BE IT FURTHER RESOLVED THAT the City Clerk shall, on behalf of the
City, notify the County Auditor of such negotiated exchange of property tax
revenues by forwarding to him a copy of this resolution.
PASSED AND ADOPIE) this 24th day of May , 1988.
George H, Qniaters, Mayor
ATTEST:
Ions Campbell, City Clerk
APPROVED AS TO FORM:
George H_ Eiser. III - City Attorney