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HomeMy WebLinkAbout2001-28 - Master Property Tax Exchange for Newport Coast CommunityResolution No. 2001-28 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AGREEING TO THE MASTER PROPERTY TAX EXCHANGE FOR THE NEWPORT COAST COMMUNITY WHEREAS, in October 1980, the Orange County Board of Supervisors and the City Council of the City of Newport Beach executed the Master Property Tax Exchange Agreement for most annexations of the City from 1980 forward; and WHEREAS, in September 2000, the City Council adopted Resolution 2000 -81 that authorized City staff to file an application for the annexation of the Newport Coast, community; and WHEREAS, in December 1997, the Assistant County Executive Officer wrote the City stating the County's intent to follow the terms of the 1980 Agreement for any annexation of the Newport Coast community; and WHEREAS, the City and the Assistant County Executive Officer also discussed a property tax -based incentive whereby the City would receive an additional 1 % of the 1 % Basic Levy in the Newport Coast for the city's service costs associated with annexing unincorporated islands that are today within County redevelopment project areas; and WHEREAS, in November 1997, officials from the Orange County Fire Authority executed an Agreement with the City of Newport Beach that directed that 100% of the Authority's share of the 1 % Basic Levy in the Newport Coast be transferred in full to the City of Newport Beach; and WHEREAS, also in 1997, officials from the Orange County Library District wrote to the City stating the District's intent to shift 100% of the District's share of the 1% Basic Levy to the City upon any annexation of the Newport Coast community; now, therefore be it RESOLVED by the City Council of the City of Newport Beach that it hereby consents to the 1980 Master Property Tax Exchange Agreement with the County of Orange for the annexation of the Newport Coast Community; and be it further RESOLVED by the City Council of the City of Newport Beach that it hereby requests the Orange County Board of Supervisors to shift 100% of the 1% Basic Levy from the Orange County Fire Authority and the Orange County Library District to the City upon annexation of the Newport Coast; and be it further RESOLVED by the City Council of the City of Newport Beach that it hereby formally requests that the Orange County Board of Supervisors provide, as previously discussed, a property tax -based incentive of an additional 1% of the 1% Basic Levy in non - redevelopment areas like the Newport Coast upon the City's annexation of unincorporated islands within County- operated redevelopment project areas. ADOPTED this 8th day of May, 2001. Garold B. Adams MAYOR ATTEST: &l�wv L I` 0ti, bEFU1y Gf� GIkRK, Po� LaVonne Harkless CITY CLERK STATE OF CALIFORNIA } COUNTY OF ORANGE } ss. CITY OF NEWPORT BEACH } I, LEILANI I. BROWN, Deputy City Clerk of the City of Newport Beach, California, do hereby certify that the whole number of members of the City Council is seven; that the foregoing resolution, being Resolution No. 2001 -28 was duly and regularly introduced before and adopted by the City Council of said City at a regular meeting of said Council, duly and regularly held on the 8th day of May, 2001, and that the same was so passed and adopted by the following vote, to wit: Ayes: Heffernan, O'Neil, Ridgeway, Glover, Bromberg, Proctor, Mayor Adams Noes: None Absent: None Abstain: None IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the official seal of said City this 91b day of May, 2001. 2�y�PORTe &"- -�f`ff7W�� O Deputy City Clerk Newport Beach, California CA I r-0 (Seal)