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HomeMy WebLinkAboutRESOLUTIONS - 01012002 - 2002-639 T THE KARD OF SUPERVISORS OF CONTRA COSTA COUNTY, CALIFORNIA Addoted this Resolution on October 8,2002, by the following vote: AYES: MMtTYS(W MKM, MM, WS&UM, MOM AM GIOIA NOtyS: ABSENT: N= MMMA1N: N0 Resolution No. 2002A39 Su"ect: A Resolution Authorizing the Inclusion Of the PICNC (North Concord) Annexation Area in the Master Property Transfer Agreement Subject to Additional Terms And Conditions Between the City of Concord and Contra Costa County to Allow A Division of Property Tax and Sales Tax Revenues Upon the Annexation of the PICNC Annexation Area to the City of Concord (LAFC—2-18) WK.--EREAS, Section 99 of the Revenue and Taxation Code provides that a city and county shell agree by Resolution to exchange property tax revenues among themselves and any aff icted agencies in the event of a jurisdictional change; and WFIEREAS, the PICNC Area Annexation to the City of Concord (LAFC 02-18) involving an>"iexation of territory to the City of Concord is excluded from the application of the Master Prperty Tax Transfer Agreement between the City and County because the assessed value of the affected territory exceeds ten million dollars; and WIEREAS, the City of Concord and Contra Costa County have agreed that, no withstanding the amount of the assessed value of the territory the subject annexation, the,.Master Property Tax Transfer Agreement, subject to additional terms and conditions regarding the exchange of sales tax revenues as set forth herein, shall apply to the anpexation. NON,THEREFORE, THE BOARD OF SUPERVISORS DOES RESOLVE AS FOLLOWS: tion 1. This agreement applies to all territory included in the PICNC annexation to the Cit.1 of Concord (LAFC 02-18), as approved by the Local Agency Formation Commission. U;Mon 2. This resolution does not change the property tax revenues accruing to other agoncles serving the subject territory or the affected districts' right to collect taxes for exiting bonded indebtedness. Notwithstanding Revenue and Taxation Code Sections 95 through 100, or any oiler law, the City and County hereby agree to an exchange of both property tax and sales tax revenues as set forth below: A. ;Subject to subparagraphs b.through e. below, the Master Property Tax Transfer Agreement ;(Exhibit"A") shall be used to allocate property taxes between the City and County. B.<Sales tax generated in the affected area will be allocated between the City and County as <to maintain an overall tax allocation (sales and property) of fifty-one percent(51%) to the City and forty-nine percent (49%) to the County, if there is insufficient sales tax to bring ,:the overall tax allocation to the City to fifty-one percent(51%)of the total,the City will retain `all of the sales tax. r � Q tlonal change. 5. The following definitions shall apply to this Agreement. The references to code sections in thcsc dcrinitions shall mean the code sections in effect on October 1, 1980: 5 a. "Base Tax" shall mean those property tax revenues specified as being sul,ject to allocation in R.&T.C. §§96(,n) and 96(d) for 7 fiscal year 1979-80 and R.&T.C. 9997(a) and (b) for fiscal year' 8 1980-81 and later fiscal years . For the fiscal years after the 19 initial year in which property taxes are allocated under this 10 Agreement for a 'jurisdictional change, the annual tax 11 increment for the prior fiscal year shall be included in the 12 base tax for the succeeding year. Notwithstanding the fore- going, -base tax shall not include any property tax revenues 14 allocated to any County free library. 15 b. "Annual Tax Increment" shall mean those property tax revenues 16 specified as being vc,harct to allocation in R.6T.C. §96(c) for 17 fiscal year 197980 and R.&T.C. §97(c) for fiscal year 1980-81 18 and later fiscal years. Annual tax increment shall include 15 revenues accruing due to the increase in assessed valuation for 20 the preceding fiscal year because of changes of ownership and 21 new construction and because of the inflation adjustment 22 authorized by Section 2(b) of Article XIIIA of the California 23 Constitution. 24 C. "Annual Tax Increment Allocation Factor" shall mean the numerical 25 factor, expressed as a percent, that is used to accomplish the 26 proportionate allocation of the annual tax increment, as 2 specified in R.&T.C. §98(c) . 28 -3- i I 4 c 6 1 d. "Proceedings" means those actions taken pursuant to Gov.C. 2 H35200-35315 or Gov.C. §§56290-56443.1. 3 e. "Affected Territory" shall mean as specified in Gov.C. d 1§35024 or 56023.5. 5 f. "Affected Citv" shall mean as specified ,in Gov.C. H35021 or 6 56021 . 7 g "Affected County" shall mcz►n as specified in Gov.C. H35022 8 or 56022. 9 h. "Affected District" shall mean as specified in Gov.C. 9956023 10 or 35023. 11 6. Insofar as not inconsistent with the foregoing definitions or any 12 other provisions of this Agreement, the definitions of Sections 95 and 1$ 2215 of the Revenue and Taxation Code, as in effect on October 1, 1980, 14 shall apply to this Agreement. 15 7. For a jurisdicational change for which the allocation of taxes is 16 made under this Agreement, such allocation shall be made in accordance 17 with the following: 18 a. Initial Year. 1 (1) Base Tax. Except as provided in Paragraph 7.a.(3) of this 20 Agreement, City shall be allocated 16.635% of the 21 County's base tax for the affected territory and the 22 County shall be allocated the balance. 23 (2) Annual Tax Increment. Except as provided in Paragraph 24 7.,a..(3) of this Agreement, City shall have an annual tax 25 increment allocation factor established for each tax rate 26 area in the affected territory equal to 33.27% of the 27 County`s annual tax increment allocation factor for the tax 28 rate area. The County's new annual tax increment -4 I 1 allocation factor shall be its former factor minus the 2 City's factor as derived in the � preceding sentence. (3) For a jurisdictional change which results in the City's $ providing a service that had been provided by a special district , and if the City thereby receives any property 6 tax revorucs of the district as authorized by Revenue and Taxation Code Section 99, the formula for transfer of base tax and annitnl tax increment allocation factors from 9 County to City shall be as follows: 10 (A) Base Tax. 11 A B x 1/2C 12 1i = B 13 Where A the amount of the County's base tax to be 14 transferred to the City. This amount 1i plus the base tax transferred from special 16 district(s) becomes the City's initial 17 base tax for the tax rate area, 18 Where B the county's base tax before the transfer. 19 Where C the. portion (expressed as a percent) of the 20 County's annual tax increment factor that 21 will be transferred to the City from the 22 County as determined by the formula express- 23 ed in Paragraph 7.a.(3) (B) below. 24 Where D the County's base tax after the transfer. 25 (B) Annual Tax Increment. 26 C 27 F + G v H 28 (if "H" is greater than "F", then C shall be zero -5- C 1 J = (r. x C) + 11 ` E - (ExC) $ Where C = the portion (expressed as a percent) of 4 the County's, annual tax increment allocation 5 factor that will be transferred to the City from 6 the County. 7 E the County 'sannual tax increment allocation 8 factor before the transfer. 9 F = 13.60'4" (this is t.ha City's portion of the total 10 fiscal year 1979-80 property tax allocation within 11 City's boundnries. ) 12 G 27 .25°1. (this is the County's portion of the total 13 fiscal year 1979-80 property tax allocations 14 within the City's boundaries. ) 15 li the total of the annual tax increment allocation 16 factors which will be transferred to the City 17 from special districts in accordance with 18 Revenue and Taxation Code Section 99. 19 J the City's nnnu,11 tnx incrmmnnt allocation factor 20 iftor tho transfvj- nllnration. 21 K the County's annual tax increment allocation 22 factor after the transfer calculation. 23 b. Subsequent Years. 24 In each subsequent year City's and County's allocation of 125 property taxes from the affected territory will be made as set .26 forth in Revenue and Taxation Code Sections 97 and 98. Each 27 agency each year will be allocated its base tax (i.e. , the tax 28 allocated to the agency in the preceding year including the -b- I ' l 1 previous year's annual tax increment) plus its share of the 2 current year's annual tax increment for the affected territory, 8 such share being calculated by multiplying the tax resulting 4 from growth in assessed valuation in the affected territory $ during the year times the agency's annual tax increment 6 allocation factor(s) for that territory as determined in 7 Paragraph 7.a. (2) or 7.a. (3) M above. The result (i.e. , base. 8 Plus increment) becomes the base tax for the next year's tax 9 allocation calculations. Each agency's base tax and annual tax 10 increment allocation factors may be subsequently modified only 11 through negotiated exchanges in accordance with Revenue and 12 Taxation Code Sections 99 and/or 99.1 for subsequent 13 jurisdictional changes. 14 15 Dated: DEC 21980 16 4airat, d of Supervisors 17 Dated: DEC 21980 1$ yor, City of oncord 1$ EST: ZO Ill a 21 lty clerk, City4cord 22 Foran Approved by County Counsel APPROVED AS TO FORA: 23 (11-25-E0) 24 25 r.J A istant City Attorney, City 'ofd' Concord 4 2 2 28 -7- w r C. The percentage of sales tax to be received by the County and City will be evaluated on an annual basis to maintain the 49151 percent split of overall tax revenues. D. The property tax shall be allocated by the County Auditor. The City will remit to the County .is share of sales tax as set forth above. County shall forward property tax information to <City as soon as it Is available, and City shall pay to County any sales tax required to be <Paid to County by the later of December 31 of the current fiscal year, or within thirty (30) ..days of receipt of property tax Information. The County Auditor-Controller shall have the -nght to audit the City's books to verify sales tax amount. E. Definitions: For purposes of the foregoing calculation, „sales tax"shall mean the sales tax revenue received by the City during the preceding tax year from the area annexed; and "property tax"shall mean the current year base tax amounts for the County and City in the <:area annexed. 391-.don 4. The Clerk is hereby directed to forward a certified copy of this resolution to the Auc-ftor/Controller of Contra Costa County and to the Executive Officer of the Local Agency Formation Commission. + . This resolution shall become effective immediately upon its passage and adoption. 1 herby MW that this Is a teas a rW correct c ry of an ardor taken and amend on the minutes of the Board of Supervisors�on�t-,hepdate shown: ATTESTED: (date) --0 ct yam' ;�7�0C JOHN SWEETEN, Clerk of the Board of Sups► arKi County Admi*b for r By DePuty CcOtact:: cc: County Administrator Auditor-Controller County Counsel LAFCO City of Concord RESOLUTION NO. 20021, , i ' I IN THE BOARD OF SUPERVISORS t'' •.{..-.,:a; OF CONTRA COSTA COUNTY, STATE OF CALIFORNIA In the Matter of ) ; Adopting a Master Property Tax Transfer Agreement for the Allocation of Property RESOLUTION NO. 80/1369 Taxes Between the County of Contra Costa ) and the City of Concord ) ) IT IS BY THE BOARD OF SUPERVISORS RESOLVED that: 1 . Under the authority of Revenue and Taxation Code Section 99(d) , it hereby adopts a Master Property Tax Transfer Agreement for the allocation of property taxes between the County of Contra 'Costa and the City of Concord upon Jurisdictional changes,which is incorporated herein as Exhibit "A", and 2. The Chair of the Board of Supervisors is authorized to execute the above referred agreement on behalf of. the County. PASSED by the Board on December 2, 1930. CERTIFIED COPY I certify that this is a full, true & correct copy of the original document which is on file in my office, and that it was passed & adopted by the Board of Supervisors of Contra Costa County, California, on the date shown. ATTEST: J. R. OLSSON, County Clerk &ex-offielo Clerk of said Board of Supervisors, by Deputy Clerk. �y '4on V Helen H. Kent Orig: bounty Administrator cc: City of Concord Auditor-Controller County Counsel Local Agency Formation Commission RESOLUTION NO. 60/1369 l t 4 ' COPY AGREEMENT 1 2 THIS AGREEMENT IS ENTERED INTO this 23rd day of February, 1981, between 3 Contra Costa County, hereinafter referred to as "C0UNTY", and the City of 4 Concord, a municipal corporation, hercinafter referred to as "CITY". 5 1. This agreement is a master proporty tax transfer agreement, under 8 authority of Revenue and Taxation Code §99(d) (Section 11, Chapter 801 of 7 the Statutes of 1980), betwr•cn the County and the City for the purpose of 8 specifying the allocation of property tax revenues upon a jurisdictional 9 change in which the City is an affected City and the County is an affected 10 County. 11 2. Except for the exclusions specified herein, the jurisdictional 12 changes governed by this Agreement are those local agency boundary changes 13 defined in R.&T.C. 995(e) as jurisdictional changes, occurring during the 14 applicable period of this Agreemr.nt , whom the Colinty is the affected County 15 and the City is an affected City. The following jurisdictional changes are 16 to be excluded from this Agreement: 17 a. Boundary changes involving city incorporations or formations 18 of districts (e.g. , reorganizations involving concurrent 19 formation of a special district and annexation to a city). 20 b. Jurisdictional changes which would result in a special district 21 providing one or more services to an area where such services 22 have not been previously provided by any local agency and to 23 which Section 99.1 of the Revenue and Taxation Code applies. 24 C. Jurisdictional changes in which the total of the full values 25 of all property in all tax rate areas comprising the affected 26 territory exceed $10108(),0()0, ns Fhown nn the latent equalized 27 assessment rolls tit the Lilrxc the application is filed with ti 28 Local Agency Formation Commission. � t f 2 d. Any jurisdictional change for which the sales tax revenue 2 from the affected territory exceeds $5,000 for one or more of the three fiscal years preceding the date that the applica- 4 tion is filed with the Local Agency Formation Commission. 5 3. The allocations specified herein (Paragraph 7 , below) shall be 6 made for any jurisdictional change governed by this Agreement as specified 7 in Paragraph 2, above, if proceedings for the jurisdictional change have 8 been- or are gompleted after June 30, 191$; provided, however, that in the 9 case of anysuch jurisdictional change for which proceedings are completed 10 after December 31, 1982 this Agreement shall not apply if either of the 11 parties hereto notifies the, o'ther in writing of the non-applicability of 12 this Agreement and delivers such notification prior to the date that the 13 petition or resolution for Local Agency Formation Commission approval of 14 the jurisdictional change is accepted for filing by the Commission or its 15 Executive Officer. Notwithstandii)g nny jNr rh4� forogning, Iny proporty 16 tax revenue allocated prior to the (.kite, Lhis Agreement is signed by both 17 parties hereto shall not be subject to reallocation, but this Agreement shall 18 apply to all future allocations for the jurisdictional change. 19 4. For any property tax allocation to be made under this Agreement, 20 the Auditor-Controller of Contra Costa County shall first apply Paragraph 21 7 herein and first allocate the property tax revenues thereunder for the 22 fiscal year for which the State Board of Equalization makes the tax rate area 23 change(s) for the jurisdictional change. Such fiscal year shall be known as 24 the "initial year" and all later fiscal years as "subsequent years". Such 25 allocation shall continue indefinitely thereafter unless changed by agree- .26 meet of both parties hereto or until changed under the terms of this 27 Agreement upon a subsequent jurisdictional change involving one or more 28 of the tax rate areas within the affected Lerritory of the prior jurisdic- -2-