1992 CC MIN FEB 04 - Laserfiche WebLink

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Annexation Following City Council directive to implement measures to resolve current fiscal deficit and improve the economic situation, Community Development Director Aguilera reported the annexation of the Cal -Mat Cement property is estimated to generate, beginning Fiscal Year 1993-94, an annual net tax of approximately $350,000.00. The revenue is derived from the property and franchise tax fees. The steps for annexation are based as follows: 1. Local Agency Formation Commission (LAFCO) approval of the annexation. 2. City Council approval of the annexation. 3. Property owners approval of the annexation. In case property owners protest, those protests would be considered advisory at the LAFCO level; mandatory at the City Council level, which may lend to a property owner ballot election should over fifty percent (50%) of the property owners protest. For annexation of the Cal -Mat Cement property, Mr. Aguilera reported that estimated total for fees is $6,910.00. Staff recommended approval of the Resolution of Intent and requested approval of the Transfer of Funds from the General Fund to the Department's Professional Services Account in the amount of $6,910. Further, Mr. Aguilera cautioned about special state law provisions dealing with mining operations. He suggested that a small percentage of money be set aside to contract with the County Mining Geology Department to keep us abreast of state law. Motion by Councilman Roman, seconded by Councilman Lofy, to adopt RESOLUTION NO. R-16-92. Unanimous vote. RESOLUTION NO. R-16-92 - A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF COLTON REQUESTING THE LOCAL AGENCY FORMATION COMMISSION TO COMMENCE PROCEEDINGS FOR THE ANNEXATION OF THE AREA KNOWN AS CAL -MAT CEMENT PROPERTY IN THE COUNTY OF SAN BERNARDINO, COLTON SPHERE OF INFLUENCE. 6 FEB ,"4 1992