R 1518
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RESOLUTI ON NO. 1518 .
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ARROYO GRANDE ESTABLISHING THE NEGOTIATED
EXCHANGE OF PROPERTY TAX REVENUE BASE BETWEEN
THE CITY OF ARROYO GRANDE AND THE COUNTY OF
SAN LUIS OBISPO
WHEREAS, pursuant to Revenue and Taxation Code Section 99(b) (as
added by AB 8 and AB 1019), in case of jurisdictional changes (other
than city Incorporations or district formations), It Is required that the
amount of current property tax revenue base (hereinafter referred to as
"Current PTRB") and to be exchanged amount affected agencies shall be
determined by negotiation; and
WHEREAS, the City of Arroyo Grande will have Increasing future
responsibility for the area affected. The City shall be entitled to a
portion of the Incremental future growth of the property tax revenue
base; and
WHEREAS, when a city is involved, the negotiation is between the
city and the Board of Supervisors for the County; and
WHEREAS, when a district but no city is Involved, the Board of
Supervisors of the County negotiates on behalf of both the districts and
the County; and
WHEREAS, said Section 99(b) requires that negotiating parties
by resolution agree to accept the negotiated exchange of Current PTRB between
affected agencies and requires that a copy of each such resolution be
transmitted to the County Auditor; and
WHEREAS, upon receipt of the necessary resolutions and a copy
of the recorded certificate of completion from LAFCo, the County Auditor is
required by Revenue and Taxation Code Section 99(b) to make appropriate
adjustments; and
WHEREAS, such negotiation has taken place concerning transfer of
Current PTRB between the City of Arroyo Grande and the County of San Luis
Obispo pursuant to said Section 99(b) for the Jurisdictional change designated
as the Stem Annexation to the City of Arroyo Grande; and
WHEREAS, the negotiating/consulting partIes, to wit: Kerry E. Harms,
Deputy County Administrator on behalf of the County of San Luis Obispo and
William Sheldon, Jr., City Administrator, on behalf of the City of Arroyo
Grande have agreed to accept the negotiated exchange of Current PTRB between
such entities as set forth hereinafter; and
WHEREAS, it is In the public Interest that such negotiated Current
PTRB exchange be consummated.
,. NOW, THEREFORE, BE IN RESOLVED by the City Council of the City of
Arroyo Grande as follows:
1- That the recitals set forth hereinabove are true, correct
and valid.
2. That the City of Arroyo Grande agrees to accept the negotiated
exchange of Current PTRB in the amount of $ zero shall be transferred from
the County of San Luis Obispo and such amount shall be transferred to the
City of Arroyo Grande In the Fiscal Year 1982-83.
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3. The City of Arroyo Grande share in the incremental growth
of the property tax revenue base shall be based on the average the City
received in other tax rate areas in its jurisdiction. The City's average
in 1982-83 is 20.46675.
4. Upon receipt of a certified copy of this Resolution and a
copy of said recorded certificate of completion, the County Auditor shall,
pursuant to said Section 99(b), make adjustments (negotiated exchange of
Current PTRB) as set forth in Paragraph #2 hereinabove.
5. The City Clerk be and is hereby authorized and directed to
forward a certified copy of this Resolution to the San Luis Obispo County
Local Agency Formation Commission, Executive Officer, who shall then
disseminate copies thereof as required by law.
Oh motion of Council Member Vandeveer, seconded by Council Member
Smith and on the following roll call vote, to wit:
AYES: Council Members Smith, Hogan, Millis, Vandeveer, Mayor Pope
NOES: None
ABSENT: None
the foregoing Resolution was passed and adopted this 12th day of January, 1982.
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ATTEST'~
PUTY TV CLERK