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HomeMy WebLinkAbout00-18 - Tax Share Agreement with County of OrangeRESOLUTION NO. 60 - / e A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COSTA MESA, CALIFORNIA, ENTERING INTO A TAX SHARE AGREEMENT WITH THE COUNTY OF ORANGE FOR THE BRISTOL STREET ANNEXATION AND ANNEXATION OF SUBAREAS 3A AND 3B (HEINZ KAISER AND BACK BAY HIGH SCHOOL NEIGHBORHOODS). THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY RESOLVE AS FOLLOWS: WHEREAS, the annexation of the two County island areas along Bristol Street (Bristol Annexation to the City of Costa Mesa - CA 97-21) will serve to promote logical, efficient, and cost effective delivery of public services; and WHEREAS, in addition to the Bristol Annexation, there are two other unincorporated islands along the eastern boundary of the City of Costa Mesa which are generally described as the Heinz Kaiser/Back Bay High School Neighborhoods (Subareas 3A and 3B); and WHEREAS, the County and the City of Costa Mesa both recognize that these areas would be more efficiently served by the City; and WHEREAS, these areas are currently within the City of Costa Mesa's sphere of influence; and WHEREAS, the County is offering a financial incentive to the City of 70 percent of the negotiable property tax revenues for the Bristol Annexation and the Heinz Kaiser/Back Bay High School Neighborhood Annexation. NOW, THEREFORE, BE IT RESOLVED that the City Council agrees to the City receiving: (1) 60 percent of the negotiable property tax revenues for the Bristol Annexation upon completion of annexation proceedings, and (2) 70 percent of the negotiable property tax revenues for the Bristol Annexation and the Heinz Kaiser/Back Bay High School Neighborhood upon completion of all annexation proceedings for both annexations. BE IT FURTHER RESOLVED that the City Clerk shall transmit a copy of this Resolution to the Local Agency Formation Commission. PASSED AND ADOPTED this 20" day of March, 2000. ATTEST: Deputy Ci Clerk of the City of Costa Mesa Mayor of th,A City of Costa Mesa APPROVED AS TO FORM STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss _ CITY OF COSTA MESA ) MY ATTORNEY I, MARY T. ELLIOTT, Deputy City Clerk and ex -officio Clerk of the City Council of the City of Costa Mesa, hereby certify that the above and foregoing Resolution No. 00 - / was duly and regularly passed and adopted by the said City Council at a regular meeting thereof, held on the 20th day of March, 2000. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City of, Costa Mesa this 21 st day of March, 2000. Deputy 00 Clerk and ex -officio Clerk of the City Council of the City of Costa Mesa 7 55 � 01 CITY\ OF e 0 ♦ -PDA_ COSTA MESA • j UNINCORPORATED 4.+e � i 2 00101r^1 C'T A KIK10V AT ZONING DISTRICTS BOUNDARIES ® Specific Plan _ General Business Qty Boundaries Local Business • NOTE ISLAND 2 -CM -1 AREA = 5.69 ACRES Both Areas are Within City of ISLAND 2 -CM -2 AREA = .1.63 ACRES Costa Mesa Sphere of Influence County Unincorporated Areas Costa Mesa Islands 2—CM-1 & 2—CM-2 ° r 3°° County of Orange, California 6 /29 /99 MAP PUBLIC FACILITIES AND RESOURCES DEPT. Geomatics/Land Information Systems Division GIS MaDDinR Unit