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Report to City Council regarding <br />Annexation of Seven Unincorporated Islands and Acceptance of Property Tax Negotiations <br />Page 2 of 2 <br />Island #1 <br />$83,763.00 <br />Island #2 <br />$64,002.00 <br />Island #3 <br />$28,999.00 <br />Island #4 <br />$9,968.00 <br />Island #5 <br />$14,581.00 <br />Island #6 <br />$3,651.00 <br />Island #7 <br />$4,279.00 <br />Totals $209,243.00 <br />The gross revenue total will be offset by a decrease in an annual amount of $25,000 currently <br />provided to Colton by the County of San Bernardino for fire protection services in this area. The <br />total net increase in property tax revenues resulting from this annexation is $184,243. <br />ENVIRONMENTAL IMPACT <br />LAFCO serves as the Lead Agency for the environmental processing of the proposal, and has <br />determined that the approval of the island annexation is a ministerial action and is therefore <br />exempt from the California Environmental Quality Act (CEQA). <br />RELATED ITEM <br />This item is directly related to item #1 on the agenda. <br />CONFLICT OF INTEREST — Gift Disclosure Requirements <br />N/A <br />RECOMMENDATION <br />Staff Recommends Council approval of attached Resolution approving the negotiated property <br />tax revenue to be exchanged between the City of Colton and other local agencies. <br />Attachments: <br />Resolution R- 106 <br />Report Prepared by: Casey Dailey, Graduate Management Intern <br />REVIEW TEAM ONLY <br />City Attorney: <br />City Manager: <br />Finance Director: <br />Agency Special Counsel: ' <br />