HomeMy WebLinkAboutCC RESO 91-242 - NOT ADOPTEDRESOLUTION NO. 91-242
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NATIONAL CITY
AUTHORIZING AND APPROVING AN AGREEMENT FOR COOPERATION BETWEEN
THE COUNTY OF SAN DIEGO. THE COMMUNITY DEVELOPMENT COMMISSION OF
THE CITY OF NATIONAL CITY AND THE CITY OF NATIONAL CITY
This Resolution was not adopted at the City Council
Meeting of December 10. 1991.
DATE: December 11. 1991
Lori Anne Pe p
City Clerk
,{4/ Adc 1
RESOLUTION NO. 91-242
RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF NATIONAL CITY AUTHORIZING AND APPROVING
AN AGREEMENT FOR COOPERATION BETWEEN THE
COUNTY OF SAN DIEGO, THE COMMUNITY DEVELOPMENT
COMMISSION OF THE CITY OF NATIONAL CITY AND
THE CITY OF NATIONAL CITY
WHEREAS, the Community Development Commission of the
City of National City, California (CDC) and the City Council
of the City of National City held a joint public hearing on
Amendment III, National City Downtown Redevelopment Project on
June 11, 1991 and the City Council, on June 18, 1991 adopted
Ordinance No. 91-2013 amending the Redevelopment Plan for the
Project and the CDC, by adoption of Resolution No. 91-25
(NCDRP Amend. III) on June 11, 1991, found and determined that
the Project has caused and Amendment III will cause a finan-
cial burden or detriment to taxing agencies and that payments
are necessary to alleviate the financial burdens or detri-
ments; and
WHEREAS, the County of San Diego has proposed an Agree-
ment for cooperation in satisfaction of the County's share of
the tax increment from the National City Downtown Redevelop-
ment Project, as amended by Amendment III, to and including
Fiscal Year 2014-2015; and
WHEREAS, the Executive Director of the CDC has recom-
mended approval of the Agreement in writing and the CDC, on
December 3, 1991, approved the proposed Agreement and
authorized its execution; and
WHEREAS, the City Council wishes to enter into the
proposed Agreement for cooperation with the County of San
Diego;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of National City, California that the Mayor is hereby
authorized to execute, on behalf of the City, that certain
agreement entitled "Agreement for cooperation between the
County of San Diego, the City of National City, and the
Community Development Commission of the City of National City
for Amendment III to the Redevelopment Plan for the National
City Downtown Redevelopment Project Area" consisting of eight
Continued on Page Two
Resolution No. 91-242
Page Two of Two
pages and Exhibits "A" and "B" consisting of sixteen pages and
the City Clerk is hereby authorized to attest thereto.
PASSED and ADOPTED this 10th day of December, 1991.
George H. Waters, Mayor
ATTEST:
Lori Anne Peoples, City Clerk
APPROVED AS TO FORM:
George I1. Eiser, III
City Attorney
•
AGREEMENT FOR COOPERATION BETWEEN THE COUNTY OF SAN DIEGO,
THE CITY OF NATIONAL CITY, AND THE
COMMUNITY DEVELOPMENT COMMISSION OF THE CITY OF NATIONAL CITY
FOR AMENDMENT III TO THE REDEVELOPMENT PLAN
FOR THE NATIONAL CITY DOWNTOWN REDEVELOPMENT PROJECT AREA
This Agreement is entered into on the day of
1991, by and between the Community Development Commission of the
City of National City ("Commission"), the City of National City
("City") and the County of San Diego ("County").
RECITALS
A. The City Council of the City of National City adopted
Amendment III to the Redevelopment Plan for the National City
Downtown Redevelopment Project Area ("Amendment III") by
Ordinance No. 91-2013.
B. The Project Area for Amendment III, adopted by Ordinance No.
91-2013, encompasses 2,083.1 acres.
C. Health and Safety Code Section 33401 provides that the
Commission may pay to an affected taxing agency any amount of
money which the Commission determines is appropriate to alle-
viate any financial burden or detriment caused to the taxing
agency by a redevelopment plan.
D. The County advised the Commission of the potential financial
impact resulting from the adoption and implementation of
Amendment III.
E. The parties found that the Commission's implementation of
Amendment III will result in a loss of property tax revenues
which the County could reasonably have expected to receive in
the absence of Amendment III.
F. On April 16, 1985, the parties entered into the Agreement
between the County of San Diego, the City of National City,
and the Community Development Commission of the City of
National City ("April 16, 1985 Agreement") to alleviate the
financial burden or detriment to the County caused by the
implementation of Amendments No. 1 and No. 2 to the
Redevelopment Plan for the City of National City Downtown
Redevelopment Project.
F. To alleviate the financial burden or detriment to the County
caused by implementation of Amendment III, and to replace the
April 16, 1985 Agreement, the parties hereto enter into this
Agreement.
AGREEMENT
NOW, THEREFORE, for and in consideration of the foregoing prom-
ises, and for their mutual advantage and concern, the parties do
hereby agree as follows:
1. Definitions
The words and terms in the Agreement shall have the following
meanings:
1.1 "Commission" shall mean the Community Development
Commission of the City of National City.
1.2 "City" shall mean the City of National City, a municipal
corporation.
1.3 "County" shall mean the County of San Diego, a political
subdivision of the State of California.
1.4 "Project Area" shall mean the National City Downtown
Redevelopment Project Area identified in the Ordinance
adopting Amendment III.
1.5 "Fiscal Year" shall mean the period from July 1 to and
including the following June 30.
1.6 "Ordinance" shall mean the Ordinance of the City adopting
Amendment III.
1.7 "Amendment III" shall mean the amendment to the
Redevelopment Plan for the National City Downtown
Redevelopment Project Area prepared by the Commission and'
adopted by the City Council pursuant to the Ordinance, as
required by law.
1.8 "April 16, 1985 Agreement" shall mean the Agreement
between the County of San Diego, the City of National
City, and the Community Development Commission of the
City of National City entered into on April 16, 1985.
2. Payment of Tax Revenues
2.1 No later than January 31, 1992, the Commission shall pay
to the County $3 million to be used at the County's sole
discretion for any purpose, within or outside National
City.
2
2 2 No later than January 31, 1998, the Commission shall pay
to the County $10 million to be used at the County's sole
discretion for any purpose, within or outside National
City.
2.3 The Commission shall pay to the County all tax increment
revenues allocated to the Commission pursuant to Section
33670(b) of the Health and Safety Code which are attri-
butable to increases in the rate of tax levied by or for
the benefit of the County, which levy occurs in or after
Fiscal Year 1990-91.
2.3.1 In the event of a tax rate increase as described
in Section 2.3 above, the County Auditor and
Controller shall notify the Commission of the tax
rate increase and provide to the Commission, in
writing, a recommended methodology to calculate
amounts due pursuant to such increase.
2.4 In addition to amounts pursuant to Sections 2.1, 2.2 and
2.3 above, the Commission shall pay to the County tax
increment revenues as follows:
(a) Beginning in Fiscal Year 1991-92 and ending in
Fiscal Year 1997-98, 100 percent of any tax
increment attributable to growth in assessed
valuation above a compounded annual rate of 10
percent.
(b) Beginning in Fiscal Year 1998-99 and ending in
Fiscal Year 2014-15, 100 percent of any tax
increment attributable to growth above a
compounded annual rate of 6 percent, using the
lesser of actual growth through FY 1997-98 or a 10
percent annual rate compounded through FY 1997-98
as the benchmark above which the 6 percent growth
is to be calculated.
(c) Notwithstanding the provision in Section 2.4(a)
and Section 2.4(b) above that the County shall
receive 100 percent of specified tax increment,
should the Commission enter into a tax sharing
agreement with the San Diego County Office of
Education ("SDCOE") or the Southwestern Community
College District ("SCCD"), the percentage of
increment payable to the County under Section
2.4(a) and Section 2.4(b) shall be reduced by any
3
percentage to be paid by the Commission to the
SDCOE or the SCCD pursuant to such agreements.
The Commission shall provide the County with a
copy of any tax sharing agreement with the SDCOE
or the SDDC for Amendment III within 30 days after
.the execution of the agreement by the parties
thereto.
(d) In the event that the Plan remains in effect
beyond FY 2014-15, the County shall receive its
full share of all tax increment as if the
Redevelopment Plan was not in effect.
2.5 The amounts payable to the County pursuant to Sections
2.3 and 2.4 above shall be determined by using the
instructions in Attachment A to complete the worksheet in
Attachment A-1, and the instructions in Attachment B to
completed the worksheet in Attachment B-1.
3. Payment Procedure
3.1 The County Auditor and Controller shall allocate and dis-
tribute to the Commission the total amount of incremental
revenue available to the Commission in accordance with
applicable law.
3.2 Within 30 calendar days after receiving a statement from
the Auditor and Controller indicating the estimated
amount of tax increment available to the Commission for a
given fiscal year, the Commission shall calculate the
County's share of the increment pursuant to Section 2.3
and Section 2.4, using the work sheet attached hereto as
Attachment A-1, and shall file a copy of the completed
work sheet with the County Auditor and Controller.
3.3 Within 30 calendar days after the receipt by the
Commission of tax increment, the Commission shall
calculate and pay the County's share of such increment.
Payment shall be sent to the attention of the County
Auditor and Controller, with a written explanation of how
the amount was determined.
3.4 Within 30 calendar days after receiving a statement from
the Auditor and Controller indicating the actual amount
of tax increment available to the Commission for a given
fiscal year, the Commission shall calculate and pay the
amount, if any, due to the County in excess of the amount
determined on the basis of the Auditor's estimate
pursuant to Section 3.2 above. Payment shall be sent to
4
the attention of the Auditor and Controller, with a
written explanation of how the amount was determined.
3.5 Any amount due the County which is not paid within the
time period specified in Sections 3.3 and 3.4 above shall
accrue interest at the pooled money investment rate of
the County, as published in the County Treasurer's Quar-
terly Earnings Report or a comparable successor publica-
tion, for the duration of the delinquency.
4. Indebtedness
The obligations of the City/Commission under this Agreement
shall constitute an indebtedness of the City/Commission for
the purposes of carrying out the Redevelopment Project, which
indebtedness shall be payable only from the taxes levied by or
for the benefit of taxing agencies in the Redevelopment Pro-
ject Area, and allocated to the Commission pursuant to Health
and Safety Code Section 33670 et seq.
7. Reimbursement for Auditor and Controller's Costs
7.1 The Commission agrees to reimburse the County Auditor and
Controller for the Auditor's annual costs for accounting
and distribution of tax increment to the Commission,
including costs for any services performed pursuant to
this Agreement, services performed pursuant to
requirements mandated by statute, or services performed
at the special request of the Commission which are not
mandated by law.
7.2 Payment shall be made within thirty days of receipt by
the Commission of the Auditor's statement of costs.
8. Defense against Legal Challenge
The parties agree that in the event litigation is initiated
attacking the validity of all or any portion of this Agree-
ment, all parties shall in good faith defend and seek to up-
hold this Agreement.
9. County, Commission and City Cooperation in Redevelopment
It is the intention of the parties to expedite and facilitate
the implementation of the Redevelopment Plan and to assist one
another in the implementation of the Redevelopment Plan in
accordance with applicable state and federal law. The parties
agree to supply one another with information and reports from
time to time as may become reasonably necessary in order for
the parties to undertake their respective obligations under
5
this Agreement. The Executive Director of the Commission and
a representative of the County Chief Administrative Officer
shall meet on a biennial basis to review the progress of
implementation of the Redevelopment Plan and this Agreement.
10. General Provisions
10.1 Effective Date
The date of this Agreement shall be the date when the
Agreement shall have been signed by the City and the
Commission.
10.2 Term of Agreement; Amendment
This Agreement shall remain in effect during the entire
term of Amendment III and shall not be revoked or revised
except by a written amendment signed by the parties.
10.3 Redevelopment Plan; Amendment
By this Agreement, the parties intend to resolve all
differences with respect to the Redevelopment Plan or to
future amendments to the Redevelopment Plan. The County
agrees that it shall not bring any suit or action of any
nature challenging the validity of the Redevelopment
Plan, the resolutions, findings or other actions taken by
the Commission or the City in relation to the approval of
the Redevelopment Plan or the Negative Declaration or
other environmental documents prepared for the project;
or in relation to any future amendments to the Redevelop-
ment Plan.
The terms of Section 2 above shall apply to any future
amendments to the Redevelopment Plan which are internal
to the Redevelopment Plan Project Area and would not have
a fiscal impact on the County, such as the designation of
acquisition areas within the Project Area. However, the
County shall receive a full pass -through of its share of
additional property tax increment attributable to any
future amendments to the National City Downtown Rede-
velopment Project which would have a fiscal impact on the
County, such as a future amendment of the Redevelopment
Plan which adds land area to the existing Redevelopment
Project Boundary, increases the maximum allocation of
real property taxes to the Commission, extends the dura-
tion of the Redevelopment Plan, or increases the maximum
amount of tax allocation bonds which may be outstanding
at any one time.
6
In the event of a future amendment having a fiscal impact
on the County, the Executive Director of the Commission
and a representative of the County Chief Administrative
Officer shall prepare appropriate worksheets and written
instructions to calculate amounts payable to the County
in addition to amounts calculated pursuant to Section 2.5
above.
10.4 Entire Agreement
This Agreement constitutes the entire understanding and
agreement between the parties and supersedes all previous
negotiations between them. It is the intent of the
Commission, the City and the County that the payments
herein provided for constitute a full, complete, fair and
equitable adjustment for all financial and other impacts
which have resulted or may result during the term of this
Agreement from Amendment III as adopted by Ordinance No.
91-2013. The parties contemplate that payments to the
County in certain years may exceed the amount of property
tax revenues the County would have received in the
absence of the division of taxes required by Section
33670 of the Health and Safety Code; consistent with
Section 33401(b) of the Health and Safety Code, any such
excess payments would reimburse the County for amounts
deferred in prior years.
By this Agreement, the parties terminate their April 16,
1985 Agreement.
IN WITNESS WHEREOF, the parties have caused this Agreement, con-
sisting of 24 pages including all attachments, to be executed on
the dates set forth opposite their signatures.
COUNTY OF SAN DIEGO
By:
Clerk of the Board of Supervisors
Approved as to Form and Legality:
COUNTY COUNSEL
By:
COMMUNITY DEVELOPMENT COMMISSION OF
THE_CITY OF NATIONAL CITY
By:
7
Date
Date
Date
Approved as to Form and Legality:
COMMISSION COUNSEL
By:
CITY OF NATIONAL CITY
By:
8
Date
Date
WORKSHEET INSTRUCTIONS ATTACHMENT A
HOW TO CALCULATE THE COUNTY'S SHARE OF REVENUE
PER AGREEMENT SECTIONS 2.3 AND 2.4
FOR FISCAL YEAR 1991-92 THROUGH FISCAL YEAR 1997-98
STEP 1 DETERMINING CUTOFFS IN GROWTH OF AV
Lines 1.1 through 1.6
Using the AP07 Reports for the current fiscal year provided by
the Auditor and Controller for each of the six sub -areas of the
National City Downtown Redevelopment Project Area, take the
"TOTAL" amounts given under the column titled "Gross AV LESS A/O
EXEMPTIONS" in the section for "ACTUAL" AV and enter the amounts
on Lines 1.1 through 1.6.
Line 2
Add the amounts on Lines 1.1 through 1.6. Enter the resulting
amount on Line 2.
Lines 3.1 through 3.6
Using the AP07 Reports for FY 1990-91 for each of the Project
Area sub -areas, take the "TOTAL" amounts given under the column
titled "GROSS AV LESS A/O EXEMPTIONS" in the section for "ACTUAL"
AV and enter the amounts on Lines 3.1 through 3.6.
Line 4
Add the amounts on Lines 3.1 through 3.6. Enter the resulting
amount on Line 4.
Line 5
Subtract Line 4 from Line 2. Enter the resulting amount on Line
5.
Line 6
Enter the amount given on Line 4.
Line 7
Using the 10.00% Escalation Schedule (Attachment 1), go to the
current fiscal year (Column 2) for which the calculation is being
made and follow across to the related escalation factor in
(Column 3). Enter this factor on Line 7.
Line 8
Multiply the amount on Line 6 by the factor on Line 7. Enter the
resulting amount on Line 8.
(If the amount on Line 2 is less than or equal to the amount on
Line 8, skip to Step 4, Line 19 of the calculation process and
theh.skip to Step 6, Line 26. If the amount on Line 2 is greater
than the amount on Line 8, complete Lines 9 through 28.)
Line 9
Subtract the amount on Line 8 from the amount on Line 2. Enter
the resulting amount on Line 9.
1
WORKSHEET INSTRUCTIONS ATTACHMENT A
STEP 2 DETERMINING THE PERCENTAGE VALUE OF GROWTH ABOVE THE
10% THRESHOLD
Line 10
On Line 10, enter the amount given on Line 9.
Line 11
On Line 11, enter the amount given on Line 5.
Line 12
Divide the amount on Line 10 by the amount on Line 11. Enter the
resulting percentage on Line 12.
STEP 3 DETERMINING COUNTY'S PERCENTAGE SHARE OF INCREMENT
ABOVE THE THRESHOLD
Line 13
On Line 13, enter the percentage pass -through of tax increment to
the San Diego County Office of Education required for the current
fiscal year by a tax sharing agreement between the Commission and
the Office of Education.
Line 14
On Line 14, enter the percentage pass -through of tax increment to
the Southwestern Community College District required for the
current fiscal year by a tax sharing agreement between the
Commission and the Community College District.
Line 15
Add the percentage amount on Line 13 and the percentage amount on
Line 14. Enter the resulting percentage amount on Line 15.
Line 16
Subtract the percentage amount on Line 15 from 100 percent.
Enter the resulting percentage amount on Line 16.
2
WORKSHEET INSTRUCTIONS ATTACHMENT A
STEP 4 DETERMINING ELIGIBLE INCREMENT
Line 17
If calculating Estimated Tax Increment, on Line 17 enter the
amount given on the AP21 Summary Section titled, "Total Estimated
Redevelopment Tax Increment". If calculating Actual Tax
Increment, on Line 17 enter the amount given on the Auditors'
Incremental Payment Statement titled, "Total Of Incremental
Payments".
Line 18
On Line 18, enter the amount, if any, attributable to an increase
in the rate of tax levied by or for the benefit of the County.
This amount and/or its method of calculation to be provided by
the Auditor and Controller.
Line 19
Subtract the amount on Line 18 from the amount on Line 17. Enter
the resulting amount on Line 19.
Line 20
Enter the percentage amount from Line 12.
Line 21
Multiply the amount on Line 19 by the percentage amount on Line
20. Enter the resulting amount on Line 21.
STEP 5 DETERMINING THE REVENUE TO DISTRIBUTE TO THE COUNTY
Line 22
On Line 22, enter the amount on Line 21.
Line 23
On Line 23, enter the percentage amount on Line 16.
Line 24
Multiply the amount on Line 22 by the percentage amount on Line
23. Enter the resulting amount on Line 24.
3
WORKSHEET INSTRUCTIONS ATTACHMENT A
STEP 6 DETERMINING TOTAL REVENUE TO BE PAID TO THE COUNTY PER
AGREEMENT
Line 25
On Line 25, enter the amount on Line 18.
This is the amount of revenue due to the County per Agreement
Section 2.3.
Line 26
On Line 26, enter the amount on Line 24.
This is the amount of revenue due to the County per Agreement
Section 2.4.
Line 27
Add the amounts on Lines 25 and 26. Enter the total on Line 27.
This is the total amount due to the County from the Commission.
(Note: If this worksheet is based on Estimated Tax Increment, an
additional worksheet will need to be completed at the end of the
fiscal year to allow for any additional revenue or adjustments to
the Commission's Tax Increment during the current fiscal year).
.27
PROJECT YEAR: FISCAL YEAR: DATE:
ESTIMATED TAX INCREMENT:
LINE 1.1
LINE 1.2
LINE 1.3
LINE 1.4
LINE 1.5
LINE 1.6
LINE 2
LINE 3.1
LINE 3.2
LINE 3.3
LINE 3.4
LINE 3.5
LINE 3.6
LINE 4
LINE 5
LINE 6
LINE 7
LINE 8
LINE 9
LINE 10
LINE 11
LINE 12
ACTUAL TAX INCREMENT:
LINE 13
LINE 14
LINE 15
LINE 16
LINE 17
LINE 18
LINE 19
LINE 20
LINE 21
LINE 22
LINE 23
LINE 24
WORKSHEET: ATTACHMENT A-1
LINE 25:
REVENUE
PER
AGREEMENT
SEC. 2.3
LINE 26:
REVENUE
PER
AGREEMENT
SEC. 2.4
LINE 27:
TOTAL
REVENUE
DUE TO
REQUIRED INFORMATION FOR WORKSHEET: COUNTY
A) FY 1990-91 ASSESSED VALUATION (AP07 REPORT) SAMPLE #1
B) ACTUAL CURRENT YEAR ASSESSED VALUATION (AP07 REPORT) SAMPLE #1
C) ESCALATION FACTOR AT 10.00% GROWTH FOR THE CURRENT FISCAL YEAR (ATTACHMENT C-3)
D) ESTIMATED INCREMENTAL REVENUE (SUMMARY SECTION AP2I REPORT) SAMPLE #2
E) ACTUAL INCREMENTAL REVENUE (INCREMENTAL PAYMENT STATEMENT PER AUDITOR AND CONTROLLER) SAMPLE #3
F) PERCENTAGE PASS -THROUGH OF TAX INCREMENT TO SAN DIEGO COUNTY OFFICE OF EDUCATION, PER AGREEMENT
G) PERCENTAGE PASS -THROUGH OF TAX INCREMENT TO SOUTHWESTERN COMMUNITY COLLEGE DISTRICT, PER AGREEMENT
CURRENT YEAR INFORMATION:
A) B) C)
E) F) 0)
D)
WORKSHEET INSTRUCTIONS ATTACHMENT B
HOW TO CALCULATE THE COUNTY'S SHARE OF REVENUE
PER AGREEMENT SECTIONS 2.3 AND 2.4
FOR FISCAL YEAR 1998-99 THROUGH FISCAL YEAR 2014-15
STEP 1 DETERMINING THE GROWTH RATE BENCHMARK FOR FY 1997-98
Lines 1.1 through 1.6
Using the AP07 Reports for FY 1997-98 provided by the Auditor and
Controller for each of the six sub -areas of the National City
Downtown Redevelopment Project Area, take the "TOTAL" amounts
given under the column titled "GROSS AV LESS A/O EXEMPTIONS" in
the section for "ACTUAL" AV and enter the amounts on Lines 1.1
through 1.6.
Line 2
Add the amounts on Lines 1.1 through 1.6. Enter the resulting
amount on Line 2.
Lines 3.1 through 3.6
Using the AP07 Reports for FY 1990-91 for each of the Project
Area's sub -areas, take the "TOTAL" amounts given under the column
titled "GROSS AV LESS A/O EXEMPTIONS" in the section for "ACTUAL"
AV and enter the amounts on Lines 3.1 through 3.6.
Line 4
Add the amounts on Lines 3.1 through 3.6. Enter the resulting
amount on Line 4.
Line 5
Multiply the amount on Line 4 by 1.948717, which is the
escalation factor for FY 1997-98 per the 10.00% Escalation
Schedule in Attachment 1. Enter the resulting amount on Line 5.
Line 6
On Line 6, enter the amount on Line 2 or the amount on Line 5,
whichever is less.
This amount is the benchmark above which the 6 percent growth is
to be calculated per Section 2.4(b) of the Agreement.
1
WORKSHEET INSTRUCTIONS ATTACHMENT B
STEP 2 DETERMINING CUTOFFS IN GROWTH OF AV
Lines 7.1 through 7.6
Using the AP07 Reports for the current fiscal year provided by
the Auditor and Controller for each sub -area of the National City
Downtown Redevelopment Project Area, take the "TOTAL" amounts
given under the columns titled "Gross AV LESS A/O EXEMPTIONS" in
the section for "ACTUAL" AV and enter the amounts on Line 7.1
through 7.6.
Line 8
Add the amounts on Lines 7.1 through 7.6. Enter the resulting
amount on Line 8.
Line 9
On Line 9, enter the amount given on Line'6.
Line 10
Subtract Line 9 from Line 8. Enter the resulting amount on Line
10.
Line 11
Enter the amount given on Line 9.
Line 12
Using the 6.00% Escalation Schedule (Attachment 2), go to the
current fiscal year (Column 2) for which the calculation is being
made and follow across to the related escalation factor in
(Column 3). Enter this factor on Line 12.
Line 13
Multiply the amount on Line 9 by the factor on Line 12. Enter
the resulting amount on Line 13.
(If the amount on Line 8 is less than or equal to the amount on
Line 13, skip to Step 5, Line 24 of the calculation process, and
then skip to Step 7, Line 31. If the amount on Line 8 is greater
than the amount on Line 13, complete Lines 14 through 33.)
Line 14
Subtract the amount on Line 13 from the amount on Line 8. Enter
the resulting amount on Line 14.
2
WORKSHEET INSTRUCTIONS ATTACHMENT B
STEP 3 DETERMINING THE PERCENTAGE VALUE OF GROWTH ABOVE THE 6%
THRESHOLD
Line 15
On Line 15, enter the amount given on Line 14.
Line 16
On Line 16, enter the amount given on Line 10.
Line 17
Divide the amount on Line 15 by the amount on Line 16. Enter the
resulting percentage on Line 17.
STEP 4 DETERMINING COUNTY'S PERCENTAGE SHARE OF INCREMENT
ABOVE THE THRESHOLD
Line 18
On Line 18, enter the percentage pass -through of tax increment to
the San Diego County Office of Education required for the current
fiscal year by a tax sharing agreement between the Commission and
the Office of Education.
Line 19
On Line 19, enter the percentage pass -through of tax increment to
the Southwestern Community College District required for the
current fiscal year by a tax sharing agreement between the
Commission and the Community College District.
Line 20
Add the percentage amount on Line 18 and the percentage amount on
Line 19. Enter the resulting percentage amount on Line 20.
Line 21
Subtract the percentage amount on Line 20 from 100 percent.
Enter the resulting percentage amount on Line 21.
3
WORKSHEET INSTRUCTIONS ATTACHMENT B
STEP 5 DETERMINING ELIGIBLE INCREMENT
Line 22
If calculating Estimated Tax Increment, on Line 22 enter the
amount given on the AP21 Summary Section titled, "Total Estimated
Redevelopment Tax Increment". If calculating Actual Tax
Increment, on Line 22 enter the amount given on the Auditors'
Incremental Payment Statement titled, "Total Of Incremental
Payments".
Line 23
On Line 23, enter the amount, if any, attributable to an increase
in the rate of tax levied by or for the benefit of the County.
This amount and/or its method of calculation to be provided by
the Auditor and Controller.
Line 24
Subtract the amount on Line 23 from the amount on Line 22. Enter
the resulting amount on Line 24.
Line 25
Enter the percentage amount from Line 17.
Line 26
Multiply the amount on Line 24 by the percentage amount on Line
25. Enter the resulting amount on Line 26.
STEP 6 DETERMINING THE REVENUE TO DISTRIBUTE TO THE COUNTY
Line 27
On Line 27, enter the amount on Line 26.
Line 28
On Line 28, enter the percentage amount on Line 21.
Line 29
Multiply the amount on Line 27 by the percentage amount on Line
28. Enter the resulting amount on Line 29.
4
WORKSHEET INSTRUCTIONS ATTACHMENT B
STEP 7 DETERMINING TOTAL REVENUE TO BE PAID TO THE COUNTY PER
AGREEMENT
Line 30
On Line 30, enter the amount on Line 23.
This is the amount of revenue due to the County per Agreement
Section 2.3.
LINE 31
On Line 31, enter the amount on Line 29.
This is the amount of revenue due to the County per Agreement
Section 2.4.
Line 32
Add the amounts on Lines 30 and 31. Enter the total on Line 32.
This is the total amount due to the County from the Commission.
(Note: If this worksheet is based on Estimated Tax Increment, an
additional worksheet will need to be completed at the end of the
fiscal year to allow for any additional revenue or adjustments to
the Commission's Tax Increment during the current fiscal year).
5
PROJECT YEAR:
ESTIMATED TAX INCREMENT:
LINE 1.1
LINE 1.2
LINE 1.3
LINE 1.4
LINE 1.5
LINE 1.6
LINE 2
LINE 3.1
LINE 3.2
LINE 3.3
LINE 3.4
LINE 3.5
LINE 3.6
LINE 4
LINE 5
LINE 6
FISCAL YEAR:
LINE 7.1
LINE 7.2
LINE 7.3
LINE 7.4
LINE 7.5
LINE 7.6
LINE 8
LINE 9
LINE 10
LINE 11
LINE 12
LINE 13
LINE 14
DATE:
ACTUAL TAX INCREMENT:
LINE 15
LINE 16
LINE 17
LINE 18
LINE 19
LINE 20
LINE 21
LINE 22
;'r
LINE 23
LINE 24
LINE 25
LINE 26
LINE 27
LINE 28
LINE 29
LINE 30
WORKSHEET: ATTACHMENT B-1
LINE 31:
REVENUE
PER
AGREEMENT
SEC. 2.3
LINE 32:
REVENUE
PER
AGREEMENT
SEC. 2.4
LINE 33:
TOTAL
REVENUE
REQUIRED INFORMATION FOR WORKSHEET: DUE TO
A) FY 1997-89 ASSESSED VALUATION (AP07 REPORT) SAMPLE #1 COUNTY
B) FY 1990-91 ASSESSED VALUATION (AP07 REPORT) SAMPLE #1
C) ACTUAL CURRENT YEAR ASSESSED VALUATION (AP07 REPORT) SAMPLE #1
D) ESCALATION FACTOR AT 10.00%u GROWTH FOR THE CURRENT FISCAL YEAR (ATTACHMENT C3)
E) ESTIMATED INCREMENTAL REVENUE (SUMMARY SECTION AP21 REPORT) SAMPLE #2
F) ACTUAL INCREMENTAL REVENUE (INCREMENTAL PAYMENT STATEMENT PER AUDITOR AND CONTROLLER) SAMPLE #3
G) PERCENTAGE PASS -THROUGH OF TAX INCREMENT TO SAN DIEGO COUNTY OFFICE OF EDUCATION, PER AGREEMENT
H) PERCENTAGE PASS -THROUGH OF TAX INCREMENT TO SOUTHWESTERN COMMUNITY COLLEGE DISTRICT, PER AGREEMENT
CURRENT YEAR INFORMATION:
A) B) C) D)
E) F) G) H)
NATIONAL CITY AGREEMENT
10.00%
ESCALATION SCHEDULE
ATTACHMENT 1
FISCAL ESCALATION NET
YEAR FACTOR FACTOR
1 1990-91 1.000000 0.000000
2 1991-92 1.100000 0.100000
3 1992-93 1.210000 0.210000
4 1993-94 1.331000 0.331000
5 1994-95 1.464100 0.464100
6 1995-96 1.610510 0.610510
7 1996-97 1.771561 0.771561
1997-98 1.948717 0.948717
:•
• •
NATIONAL CITY AGREEMENT
6.00%
ESCALATION SCHEDULE
ATTACHMENT 2
1
2
3
4
QM Affair
AGREEMENT
YEAR
<WO
FISCAL
YEAR
.MWOMMAOMOPOVe.4M,
AukAMmftbmov6&M,,Aw...
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
1997-98
1998-99
1999-2000
2000-2001
2001-2002
2002-2003
2003-2004
2004-2005
2005-2006
2006-2007
2007-2008
2008-2009
2009-2010
2010-2011
2011-2012
2012-2013
2013-2014
2014-2015
ESCALATION NET
FACTOR FACTOR ,
1.000000
1.060000
1.123600
1.191016
1.262477
1.338226
1.418519
1.503630
1.593848
1.689479
1.790848
1.898299
2.012196
2.132928
2.260904
2.396558
2.540352
2.692773
n • 2
0.000000
0.060000
0.123600
0.191016
0.262477
0.338226
0.418519
0.503630
0.593848
0.689479
0.790848
0.898299
1.012196
1.132928
1.260904
1.396558
1.540352
1.692773
,._J_PGM AP5860 __ COUNTY OF DIEGO
POTENTIAL ELIGIBILITY REPORT lJ Inr Itivolniro,1(!
POTENTIAL IMPACT OF COMMUNITY REDEVELOPMENT ON CURRENT YEAR ASSESSED VALUATIONS
COUNTY -PROPOSITION 13
rxx�
' ;REDEVELOPMENT -PRO -JUT
PERSONAL
LAND IMPROVEMENTS PROPERTY
*l5 441,200 2,109,360 16,160
S 19,898.856 21,779,500 1.028,892
U 0 1,776,768 3,378,988
9111111111 202_348,056 25,665,628 4,424,040
UUW P 2,028,577 139,054
' S 97,792,507 77,389,388
U 0 3.446,389
—9�,8'21,a84— 0,974.831
NET AV P 1.579,377
U 77,893,651
TOTAL 79,473,028
72,560
1,932,676
6,361,077
8,366,313
TOTAL
VALUATION
2,574,720
42,707,248
5,155,756
50,437,724
2,240.191
177,114,571
9,807,466
189,162,228
PAGE N0. .✓/0
RUN DATE
FISCAL YEAR
FUND -NO.
ALL OTHER 'uROi31 BUS INV HOMEOWNERS
XEMPTIONS�AiO EXEMPTION
_E ',EXEMPTIONS EXEMPTIONS
0 2.574.720 0 0
4,421,888 38.285,360 / 0 603,388
30,324 5,125,432-- 0 0
4,452,212 'RAl7!llPj9ltl 0 ,„' 603,388
0 2,240,191 ' 0 0
6,448,285 170,666,286" 0 245,000
35.500 9,771,966' 0 0
b,483,785-1'11279'P8114,-- 0 745.000
1,970,306- 56.400 334,529- 0 334,529-
55,609,888 903.784134,407,3232,026,397 132,380,926
1,669,621 2,982,089 4,651,710 5,176 4;646,534
55,309,203 3,942,273 138,724,504 2,031,573 136,692,931
NET
VALUATION
2, 574-,720—
37,681,972
5,125,432
45,382,124
2,240,191
170,421,286
9,771,966
182,433,443-
0 0 334,529-
0 358,388- 132,739,314
0 0 4,646-334-
0 358,388- 137,051,319
REPORT_AP210110-01
-_ COUNTY OF.SAN DIEGO
OFFICE OF THE AUDITOR AND CONTROLLER RUN DATE
REDEVELOPMENT_AGENCY_TAX INCREMENT___ __ _.FISCAL_.YEAR-_
REDEVELOPMENT PROJECT
5030-01
1001295 FUND NAME MISSING ` INCREMENT
3077-50 TRI CITY HOSPITAL -DEBT SERVICE .00
4312-28 CARLSBAD UNIFIED LEASE/PORCHASE 2,252.45
_4312-29 __CARLSBAD UNIFIED EXCEPTI30AL_CHILD_FACILIT.Y 52,884.
4450-00 FUND NAME MISSING 84.80
4545-20 VISTA PROJECT 19/85701 .00
' -21 OCEANSIDE PROJECT 19/85001 141.82
_4545_23 _OCEANSIDE PROJECT 19/87001 .94
4545-24 CARLSBAD PROJECT 19/86001 180.649
1
4545-27 VISTA PROJECT 19/85702 55.
4616-52 GEN BOND CARLSBAD 1966A 79.23
_ 4812=51..__1111IF BOND CARLSBAD 1969.POR_OCEANSIDE-CARLSBAD_HI 144.30
5018-00 COUNTY -PROPOSITION 13 1,644.30
6010-50 CARLSBAD CITY TAX-DIST 1 LIBRARY AND SEWER D/S 1,363,788.78
6620-01 CARLSBAD MUNI HATER IMP DIST NO 1 - DEBT SERVICE 3,788.0
.__6620:04._CARLSBAD MUNI HATER IMP DIST_NO 4_L
_DEBSERVICE_ .00
6725-06 M11D D/S REMAINDER OF SDCHA 1501999 73
6752-48 CWA CARLSBAD MUNI WATER DIST - DEBT SERVICE 15,416.56
5,416.56
5030-01 TOTAL 1,446,860.42
SUMMARY
TOTAL ESTIMATED AGENCY INCREMENT (PER AP21)
UNITARY INCREMENT (PER AP26)
VOTER APPROVED BONDED INDEBTEDNESS (PER H&S SECTION 33670 (e))
TOTAL ESTIMATED REDEVELOPMENT TAX INCREMENT
1,446,860.42
+ 29,807.00
SUBTOTAL 1,476,667.42
0.00
1,476,667.42
SAMPLE 3
COUNTY OF SAN DIEGO
OFFICE OF AUDITOR CONTROLLER
INCREMENTAL PAYMENT STATEMENT
AGENCY NAME
PROJECT NAME
FUND NUMBER,
FISCAL YEAR •
GROSS INCREMENT
UNITARY REVENUE
TOTAL INCREMENT
SB813 SUPPLEMENTAL
ROLL CORRECTIONS
SECURED
UNSECURED
TOTAL ROLL CORRECTION;
TOTAL ADJUSTMENTS
ADJUSTED INCREMENT
MAXIMUM INCREMENT AVAILABLE
LESS DISBURSEMENTS
FIRST INCREMENT
SECOND INCREMENT
THIRD INCREMENT
FOURTH INCREMENT
FIFTH INCREMENT
SIXTH INCREMENT
SEVENTH INCREMENT
EIGHT INCREMENT
NINTH INCREMENT
FINAL INCREMENT
TOTAL OF INCREMENTAL PAYMENTS
REDEVELOPMENT AGENCY
PROJECT
(2,923)
1,410
11/22/89
12/27/89
01/17/90
02/14/90
03/14/90
04/25/90
05/23/90
06/13/90
07/05/90
08/15/90
150,538
(1,513)
149,025
90,664
533,818
156,471
30,361
46,362
408,191
121,863
10,000
20,000
20,221
1,267,474
21,452
1,288,926
1,437,951
1,437,951
4.
7,951 !