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RESOLUTION NO. OCSD 03-19
AUTHORIZING A PROPERTY TAX EXCHANGE BETWEEN THE
ORANGE COUNTY SANITATION DISTRICT AND THE ORANGE COUNTY
VECTOR CONTROL DISTRICT.
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE ORANGE
COUNTY SANITATION DISTRICT APPROVING A PROPERTY TAX
EXCHANGE BETWEEN THE ORANGE COUNTY VECTOR CONTROL
DISTRICT AND THE ORANGE COUNTY SANITATION DISTRICT,
WHEREBY UPON COMPLETION BY THE ORANGE COUNTY VECTOR
CONTROL DISTRICT OF THE ANNEXATION OFT AX RA TE AREA 03-002
IN FULLERTON, THE ORANGE COUNTY SANITATION DISTRICT'S
SHARE OF THE PROSPECTIVE ANNUAL TAX INCREMENT OF TRA 03-
002 WILL BE 0.02753920826; AND UPON COMPLETION BY THE
ORANGE COUNTY VECTOR CONTROL DISTRICT OF THE
ANNEXATION OF TAX AREA 03-079 IN FULLERTON, THE ORANGE
COUNTY SANITATION DISTRICT'S SHARE OF THE PROSPECTIVE
ANNUAL TAX INCREMENT WILL BE 0.03535797724 ..
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WHEREAS, the Orange County Vector Control District (OCVCD) has filed an
application with the Local Agency Formation Commission to annex Tax Rate Area
(TRA) 03-002 and TRA 03-079 located in the City of Fullerton, and
WHEREAS, these tax areas were inadvertently excluded from the Orange
County Vector Control District when the City of Fullerton was annexed into the OCVCD
in the 1970s; and
WHEREAS, pursuant to Revenue and Taxation Code (R& T) Section 99, the
Orange County Board of Supervisors (The "Board of Supervisors") negotiates with all
affected agencies on behalf of special districts on all jurisdictional changes affecting
special districts; and
WHEREAS, the Orange County Sanitation District is an affected agency since
it receives property tax from these tax rate areas; and
WHEREAS, this annexation will result in a special district (OCVCD) providing
services to territory where those services have not previously been provided; and
WHEREAS, R& T Section 99.01 provides that in such cases the exchange of
property tax among these local agencies shall be limited to property tax revenue from
the annual tax increment generated in the area subject to the jurisdictional change and
attributable to those agencies, and
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WHEREAS, upon annexation of TRA 03-002 by the OCVCD, OCSD's share of
the prospective annual tax increment will be reduced by 0.00010684423; and
WHEREAS, upon annexation OCSD's share of the prospective annual tax
increment of TRA 03-002 will be 0.02753920826; and
WHEREAS, upon annexation of TRA 03-079 by the OCVCD, OCSD's share of
the prospective annual tax increment will be reduced by 0.00014295290; and
WHEREAS, upon annexation OCSD's share of the prospective annual tax
increment of TRA 03-079 will be 0.03535797724; and
WHEREAS, California Revenue and Taxation Code Section 99 requires the
affected Governing Boards to adopt resolutions providing for the exchange of property
tax in newly annexed areas.
NOW, THEREFORE, the Board of Directors of Orange County Sanitation
District,
DOES HEREBY RESOLVE, DETERMINE AND ORDER:
Section 1: Approval of the property tax exchange between the Orange County
Vector Control District and the Orange County Sanitation District, whereby, upon
completion by the Orange County Vector Control District of the Annexation of Tax Rate
Area 03-002 in Fullerton, the Orange County Sanitation District's share of the
prospective annual tax increment of TRA 03-002 will be 0.02753920826; and
Section 2: That upon completion by the Orange County Vector Control District
of the annexation of Tax Area 03-079 in Fullerton, the Orange County Sanitation
District's share of the prospective annual tax increment of TRA 03-079 will be
0.03535797724.
Section 3: This Resolution shall become effective immediately upon adoption.
PASSED AND ADOPTED at a regular meeting of the Board of Directors held
August 27, 2003.
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