SR 05:253 - Laserfiche WebLink

jLEASA\TCN 4H City Council Staff Report September 20, 2005 Public Works Department SUBJECT: INITIATION OF ANNEXATION /DETACHMENT PROCEEDINGS FOR ANNEXATION NO. 148 (VINEYARD AVENUE) STAFF RECOMMENDATION: Staff recommends that the City Council take the following action at the meeting of September 20, 2005: 1. Adopt a resolution to initiate annexation of approximately 11.18 acres to the City and detachment of 6.91 acres from the City. 2. Adopt a resolution agreeing to the exchange of property tax revenue under the standard property tax exchange formula. SUMMARY: In the early 1990's, the City annexed a number of properties along the Vineyard Avenue Corridor, as well as the Ruby Hill subdivision property. One of those properties was a 30 -acre parcel owned by Lonestar Properties. In 1999, the City adopted the Vineyard Avenue Corridor Specific Plan. One of the key elements of the Plan was the realignment of Vineyard Avenue along the Arroyo del Valle. The realigned Vineyard Avenue is now complete and is currently in use. Certain portions of the road (and the road right of way), however, are still in the County and need to be annexed. In addition, a small portion of property currently within the City and that lies outside the road right of way, is not needed for right of way purposes and should be detached from the City. Also, about seven acres of property owned by Lonestar, located north of the realigned Vineyard Avenue, will not be developed as part of the Specific Plan, and should be detached from the City. Similarly, about 3.5 acres of propery owned by Centex Homes lies south of the realigned Vineyard Avenue, will be developed (with vineyards) as part of the Centex development, and therefore needs to be annexed to the City. SR:05:253 Page 1 of 4