HomeMy WebLinkAboutMINUTES - 09121995 - D8 TO: ®" BOARD OF SUPERVISORS
5 ` Contra
FROM: Finance Committee Costa
County
DATE: September 12, 1995 ;...:
'+ count'
SUBJECT: PROPERTY TAX REVENUE SHARING FROM UNOCAL MODERNIZATION
SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION
RECOMMENDATION:
1. CONSIDER the sharing of County General Fund property tax increment revenue with the
Communities of Rodeo and Crockett resulting from the UNOCAL Reformulated Gasoline
Project.
BACKGROUND:
On August 21,the Finance Committee met in Crockett to discuss economic development issues as
well as ways and means of financing economic development in Crockett and Rodeo. One method,
adopted by the Board in 1993,is to share increases in property taxes with the Community as a result
of the construction of a new industrial plant. In that case,.a new co-generation plant with a
construction cost of$200 million was built in Crockett and the Board agreed to allocate 21.5% of
the County's General Fund share of property tax increment to the Community in addition to using
additional revenues to support enhanced law enforcement services.
The Committee proposes the same formulation of 21.5% of General Fund property tax increment
revenues,resulting from the UNOCAL Reformulated Gasoline Project,to be allocated to Rodeo and
Crockett for the purpose of economic development activities. The UNOCAL modernization
program is expected to cost nearly $100 million.
CONTINUED ON ATTACHMENT: YES SIGNATURE:
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARle
APPROVE ����6T E
SIGNATURE (S): Tom Torlakson th
ACTION OF BOARD ON AP ROVED AS RECOMMENDED OTHER
The following persons spoke: Jeff Wilkes, 1380 San Pablo Avenue,
Rodeo; and Jan Orsi, Crockett Chamber of Commerce, 20 Woodward
Court, Crockett.
At the conclusion of the discussion, the Board APPROVED the
recommendation set forth above.
VOTE OF SUPERVISORS
/ 1 HEREBY CERTIFY THAT THIS IS A TRUE
UNANIMOUS(ABSENT % ) AND CORRECT COPY OF AN ACTION TAKEN
AYES: NOES: AND ENTERED ON THE MINUTES OF THE BOARD
ABSENT: ABSTAIN: OF SUPERVISORS ON THE DATE SHOWN.
ATTESTED 2492 7 412 /a� �l f 905_
Contact: PHIL BATCHELOR,CLERK OF THE BOARD OF
CC: Assessor SUPERVISORS AND COUNTY ADMINISTRATOR
Auditor-Controller
County Counsel
County Administrator BY� DEPUTY
Community Development
_b.
PRODUCTS COMPANY
JCW-153-95
JEFFREY C. WILKES
General Manager
San Francisco Refinery
September 12, 1995
Contra Costa County Board of Supervisors
County Administrative Building
651 Pine Street
Martinez, CA 94553
Dear Members of the Board of Supervisors:
PROPERTY TAX REVENUE SHARING
This letter is to express our formal support for the Contra Costa County Board of
Supervisors Finance Committee's recommendation regarding sharing tax revenue from
our Rodeo refinery's reformulated gasoline project.
Specifically, we support the equitable and shared distribution of the County General
Fund property tax increment revenue with the communities of Rodeo and Crockett.
We would appreciate an opportunity to discuss this matter further with you or your staff.
Please feel free to call me at 510-245-4415 if you have further questions or if I can be
of assistance in any way.
Thank you for your consideration.
Sincerely,
JCW/sbl
1380 San Pablo Avenue
Rodeo, California 94572-1299
PH [510) 245-4464
A U n o c a l C o m p a n y