Title
Chief Administrative Office recommending the Board adopt and authorize the Chair to sign Resolution 122-2017 supporting the conversion of the Tahoe Paradise Resort Improvement District to a recreation and park district (LAFCO project 2017-04) and accepting the exchange of property tax increments resulting in no change to the current distribution.
Body
DEPARTMENT RECOMMENDATION
Chief Administrative Office recommending the Board adopt and authorize the Chair to sign Resolution 122-2017 supporting the conversion of the Tahoe Paradise Resort Improvement District to a recreation and park district (LAFCO project 2017-04) and accepting the exchange of property tax increments resulting in no change to the current distribution.
DISCUSSION / BACKGROUND
In 2010 the California legislature passed Senate Bill 1023, which specifically provided an expedited, low-cost procedure for the Tahoe Paradise Resort Improvement District (TPRID) to convert to a recreation and parks district. The bill explicitly provides that if TPRID converts to a recreation and park district, it "shall retain all the powers, duties, responsibilities obligations, liabilities, and jurisdiction of TPRID, and that the availability of this expedited conversion procedure will expire on January 1, 2018.
LAFCO Project No. 2017-04, would convert the TPRID to a Recreation and Park District, subject to this special legislation in Government Code Subsection 56853.6. The conversion results in the creation of a new district and triggers the requirement under the law to allow for negotiations for the redistribution of property tax increments. Tahoe Paradise Resort Improvement District does not currently receive a share of property taxes, is not requesting a portion of property tax revenue as part of this conversion, and there will be no changes to the service area boundary or sphere of influence. As such, there are no changes proposed to the tax increment and the change will not affect any agencies that current...
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