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1 RESOLUTION NO. 19619 <br /> <br /> 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RIVERSIDE, <br /> CALIFORNIA, DETERMINING THE AMOUNT OF PROPERTY TAX <br /> 3 REVENUE TO BE EXCHANGED BETWEEN THE COUNTY OF RIVERSIDE <br /> AND THE CITY OF RIVERSIDE RELATING TO ANNEXATION NO. 89 <br /> 4 TO THE CITY OF RIVERSIDE. <br /> <br />5 BE IT RESOLVED by the City Council of the City of Riverside, California, that: <br />6 Section 1: The County of Riverside and the City of Riverside are the agencies whose area <br />7 or responsibility for service would be affected by Annexation No. 89 to the City of Riverside. <br />8 Section 2: Representatives of each of the affected agencies have met and negotiated the <br />9 following exchange of property tax revenue to become effective for tax purposes beginning on <br />10 July I of the subsequent calendar year following the date of annexation of the area described as <br />11 "Annexation No. 89~-Vivienda Ranch, located easterly of the existing City limits generally between <br />12 the easterly terminus of Palmyrita Avenue and Columbia Avenue." <br />13 (a) The City of Riverside shall assume the service responsibility for the <br />14 suppression and prevention of structural fires in the area to be annexed, for which <br />15 purpose it maintains a fire department, and for such service assumption shall receive <br />16 100% of that portion of the property tax revenue generated within the territory to be <br />17 annexed that is presently collected by the County of Riverside as a structural fire <br />18 protection tax. <br />19 (b) The City of Riverside shall assume the service responsibility for the provision <br />20 of library services for which purpose it maintains a library system, and for such service <br />21 assumption shall receive 100% of that portion of the property tax revenue generated <br />22 within the territory to be annexed that is presently collected by the County of Riverside <br />23 for provision of library services. <br />24 (c) The City of Riverside shall assume the responsibility for all other general <br />25 municipal services to the area to be annexed as are required by law or presently provided <br />26 throughout the City, and for such service assumption shall receive 25% of that portion of <br />27 the property tax revenue generated within the territory to be annexed under the ad <br /> <br />City Attornev's Office <br />391~0 Main Sireet <br />Riverside, CA 92522 <br />(909) 782-5567 <br /> <br /> <br />