HomeMy WebLinkAboutRESOLUTIONS - 01012000 - 2000-430 TO: BOARD OF SUPERVISORS Contra
FROM: Phil Batchelorr Costa
County
DATE: September 12, 2000
SUBJECT: REVISED TAX EXCHANGE AGREEMENT FOR THE PROPOSED CENTRAL AREA
ANNEXATION TO THE CITE` OF BRENTWOOD (LAFC 00-25)
Specific Request(s) or Recommendations) & Background &Justification
RECOMMENDATIONS
ADOPT the attached resolution which determines the tax exchange for the proposed Central Area
Annexation to the City of Brentwood (LAFC 00-25). (Resolution No. 20001430)
BACKGROUN12
Section 99 of the Revenue and Taxation Code provides that a city and county shall agree by resolution
to exchange property tax revenues among themselves and any affected agencies in the event of a
jurisdictional change.
The subject annexation is planned for LAFCO action on September 13, 2000. The City of Brentwood
requests the annexation of+/- 910 acres bounded by Neroly Road, Brentwood's existing city limits and
a portion of the Union Pacific Railroad tracks. The project proposes approximately 332 acres for
residential development, 58 acres of commercial/office development, and 15 acres of industrial
development.
The tax exchange agreement stipulates that the master tax transfer agreement will apply with regard to
the property tax, subject to the condition that the combined sales and transient occupancy tax revenue
generated in the annexed area is divided on a 45% (County)to 5510 (City) basis. City Council action on
the matter was taken August 22, 2000.
Continued on Attachment: X YES Signature:
—/"Recommendation of County Administrator Recommendation of Board Committee
�Pprove Other
Signature(s):
Action of Boar ; ?z ei� AApproved as Recommended-fir
Vote of Supervisors: I HEREBY CERTIFY THAT THIS IS A TRUE
AND CORRECT COPY OF AN ACTION TAKEN
Unanimous (Absent ) AND ENTERED ON THE MINUTES OF THE
Ayes: Noes: BOARD OF SUPERVISORS ON DATE SHOWN.
Absent: Abstain:
Contact: Tony Enea(335-1094) Attested:
cc: County Administrator Phil gatchelor, Clerk of
Auditor-Controller the Board of Supervisors
LAFC a County Administrator
By: DEPUTY
IN THE BOARD OF SUPERVISORS
OF
CONTRA COSTA COUNTY, STATE OF CALIFORNIA
ADOPTED this order on September 12, 2000by the following vote:
AYES: SUPERVISORS GIOIA, UILKEMA, DESAULNIER, CANCIAMILLA
NOES: NONE
ABSENT: NONE
ABSTAIN: SUPERVISOR GERBER
RESOLUTION NO. 2000/430
SUBJECT: Determination of Property Tax Exchange}
for the Central Area Annexation }
to the City of Brentwood (LAFC 00-25) }
WHEREAS,Section 99 of the Revenue Taxation Code provides that a City and County shall
agree by resolution to exchange property tax revenues among themselves and any affected agencies
in the event of a jurisdiction change; and
WHEREAS,the Central Area Annexation to the City of Brentwood(LAFC 00-25)involving
annexation of territory to the City of Brentwood is excluded from the application of the master
property tax transfer agreement between the City and the County because the assessed value of the
affected territory exceeds $10,000,000; and
WHEREAS,the City of Brentwood and the County have agreed that, notwithstanding the
amount of the assessed value of the territory of the subject annexation, the master property tax
transfer agreement shall apply to the annexation subject to the condition that the total amount of
property tax revenues the City is to receive from the County in any tax year pursuant to the
provisions of the master agreement from the territory of the subject annexation shall be reduced by
an amount equal to 4510 of the sum of the sales tax revenue and transient occupancy tax revenue
received by the City during the preceding tax year from the area annexed. Any such reduction,
however, shall not result in a"negative transfer", i.e., a net transfer from City to County. The total
amount of transient occupancy tax and sales tax revenue received by the City from the territory of
the subject annexation during the preceding tax year, as specified above, shall be reported to the
County Auditor-Controller by August 1 of each year,and the Auditor-Controller shall have the right
to audit the City's books to verify such amount.
NOW THEREFORE BE IT BY THE BOARD OF SUPERVISORS OF CONTRA
COSTA COUNTY RESOLVED,that in accordance with Section 99 of the Revenue and Taxation
Code the property tax transfer for the affected agencies in the area of the Central Area Annexation
to the City of Brentwood (LAFC 00-25) shall be in accordance with the master property tax
agreement subject to the sales and transient occupancy tax offset condition specified above. Said
property tax transfer agreement applies to the affected territory as submitted or revised by the Local
Agency Formation Commission. This resolution does not change the property tax revenues accruing
to other agencies serving the subject territory or the affected districts' rights to collect taxes for
existing bonded indebtedness.
I hereby certify that the foregoing is a true and correct copy of an order entered on the
minutes of the Board of Supervisors of the date aforesaid.
Witness my hand and Seal of the Board of
Supervisors affixed on this g&day of
September 2000.
Phil Batchelor, Clerk of the Board of
upervisors and County Administrator
By
Deputy Clerk
cc: County Administrator
Auditor-Controller
Local Agency Formation Commission
City of Brentwood
RESOLUTION NO. 2000/430