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HomeMy WebLinkAboutCity Council - 2009-69 RESOLUTION NO. 2009-69 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF HUNTINGTON BEACH APPROVING A PROPERTY TAX EXCHANGE AGREEMENT BETWEEN THE CITY OF HUNTINGTON BEACH AND THE COUNTY OF ORANGE REGARDING THE ANNEXATION OF THE 6.2 ACRE GOODELL PROPERTY TO THE CITY OF HUNTINGTON BEACH WHEREAS, the City of Huntington Beach intends to file an application with the Orange County Local Agency Formation Commission to annex the unincorporated territory commonly referred to as the "Goodell Property" which property consists of approximately 6.2 undeveloped acres generally located south of Los Patos Avenue, north of the East Garden Grove-Wintersburg Flood Control Channel, east of Bolsa Chica Street and west of Graham Street, as more particularly described in the legal description attached hereto as Attachment 1; and California Revenue and Taxation Code Section 99 allows cities and counties to adopt and approve property tax exchange agreements to set forth the exchange of such revenues following the addition to a city of previously unincorporated territory; and The County and City staffs have reached agreement, subject to Board and City Council approval, regarding the exchange of property tax as a result of the annexation of the unincorporated territory by the City, whereby upon annexation by the City, the City shall receive 55.96,17%° of the County's share of the 1% basic levy of property tax and the County shall receive'440383% of the County's share of the 1% basic levy property tax generated within the ...._ area to'be'arinexed, pursuant to Master Property Tax Transfer Agreement 80-2093; and The City shall receive 100% of the Structural Fire Fund and 100% of the Library fund generated in the annexed areas upon annexation; and The County staff and the City of Huntington Beach staff desire to have the same,adopted and approved by their respective governing bodies, NOW, THEREFORE, the City Council of the City of Huntington Beach does hereby resolve as follows: I. That the City Council does hereby approve the property tax exchange agreement reached between the City of Huntington Beach and the County of Orange, whereby, upon completion of the annexation of the unincorporated area referred to as the Goodell Property to the City of Huntington Beach, the City shall receive 55.9617% and the County of Orange shall receive 44.0383% of the County's share of the 1% basic levy of property tax from the annexed area pursuant to Master Property Tax Transfer Agreement 80-2093. 09-2060.00 1/3 4 56 5 Resolution No. 2009-69 2. That the City of Huntington Beach will receive 100% of the Structural Fire Fund and 100% of the Public Library fund generated in the annexed areas upon annexation. PASSED AND ADOPTED by the City Council of the City of Huntington Beach at a regular meeting thereof held on November 16 , 2009. 4W I-�0 jo May REVIE APPROVED: IMTI TED AND APPROVED: A 2*4p&�� City mi istrator dire60170t Planning APPROVED AS TO FORM: . City Attorney 09-2060.001/34565 Res. No. 2009-69 STATE OF CALIFORNIA COUNTY OF ORANGE ) ss: CITY OF HUNTINGTON BEACH ) I, JOAN L. FLYNN the duly elected, qualified City Clerk of the City of Huntington Beach, and ex-officio Clerk of the City Council of said City, do hereby certify that the whole number of members of the City Council of the City of Huntington Beach is seven; that the foregoing resolution was passed and adopted by the affirmative vote of at least a majority of all the members of said City Council at a regular meeting thereof held on November 16, 2009 by the following vote: AYES: Carchio, Dwyer, Green, Bohr, Coerper, Hansen NOES: Hardy ABSENT: None ABSTAIN: None 44t,M) C'55 ty Clerk and ex-offidil Clerk of the City Council of the City of Huntington Beach, California