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. TO: BOARD OF SUPERVISORS ;•----"
FROM: JOHN SWEETEN,County Administrator 0, � .- ;�.. Costa;
�o
� County
DATE:
October 4, 2005
SUBJECT: ALLOCATION OF TOSCO REFORMULATED GASOLINE PROJECT
RETURN-TO-SOURCE FUNDS from FY 2003-04
RECOMMENDATION:
APPROVE and AUTHORIZE the allocation of$65,836 of FY 2003-04 property tax return-to-source
funding from the Tosco Reformulated Gasoline project for projects in the Rodeo, Crockett, and
Tormey communities as recommended by the District II Supervisor and the Tosco Return-to-Source
Steering Committee.
BACKGROUND:
In 1995, the Board of Supervisors authorized sharing a portion of the property tax increment resulting
from the Tosco Reformulated Gasoline Project with the Crockett and Rodeo communities for the
purpose of economic development. Subsequently, the Tosco Return-to-Source Steering Committee
identified projects to be funded in the communities and agreed to distribute the funding as follows:
45% to Rodeo, 40% to Crockett, and 15% to Tormey.
On June 24, 2003, the Board of Supervisors approved the allocation of$658,409 of return-to-source
funding, as recommended by the District II Supervisor and the Return-to-Source Steering Committee.
That amount represented the accumulation of funding from the inception of the designation through
FY 2002-03. Funding was provided to Rodeo community projects in the amount of$298,284, to
Crockett projects in the amount of$263,364, and to Tormey projects in the amount of$98,762.
Subsequent to that action, the County received property tax information to determine that an
additional $65,836 was available for FY 2003-04 distribution. In accordance with the Return-to-
Source Steering Committee's recommended formula for distribution, the funding would provide an
additional $29,626 for Rodeo projects, an additional $26,334 for Crockett projects, and an additional
$9,875 for Tormey projects. A summary of the available funding and its distribution follows:
02-03 03-04
Dist. Dist. Total
Rodeo $296,284 $29,626 $325,910
Crockett $263,364 $26,334 $289,698
Tormey $98,762 $9,875 $108,637
total $658,409 $65,836 $724,245
CONTINUED ON ATTACHMENT: ��i YES SIGNATURE: Q
RECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD MITTEE
APPROVE OTHER
SIGNATURE(S):
ACTION OF B AR ON 1` '�-F �`'�-� APPROVED AS RECOMMENDED O HER
VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A TRUE AND CORRECT
COPY OF AN ACTION TAKEN AND ENTERED ON MINUTES OF
THE BOARD OF SUPERVISORS ON THE DATE SHOWN.
UNANIMOUS(ABSENT � )
AYES: NOES:
ABSENT: ABSTAIN:
Contact: L.Delaney 335-1097
Cc: Supervisor Gayle B.Uilkema ATTESTED
CAO's Office(attn: L.Delaney) JOHN SWEETEN,CLERK O THE BOARD OFSUPERVISORS
Tosco Return-to-Source Committee
GSD-Terry Mann
Public Works-J.Lytle BY: DEPUTY
Allocation of Tosco RFG Return-to-Source Funds--September 22, 2005
is
The funding provides support for the following projects:
• Town Square Development in Rodeo ($230,910)
• Renovations at the Lefty Gomez Recreational Complex in Rodeo ($95,000)
• Street Improvements in Crockett along Pomona Street and Second Avenue ($289,698)
• Tree Planting in Tormey ($108,637)