2/15/2023
1 RiversideCA.gov
1 RiversideCA.gov
14TH AMENDMENT OF THE JOINT POWERS
AGREEMENT AND TAX SHARING AGREEMENT
REGARDING THE MARCH JOINT POWERS
AUTHORITY TERRITORY
City Council
February 28, 2023
City Manager’s Office
RiversideCA.gov
2 BACKGROUND
• 1918 – March Air Force Base established
• 1993 – March AFB selected by Congress for
realignment and substantial reduction in use as
military base
• 1993 - March Joint Powers Authority (JPA)
established through Joint Powers Agreement
by cities of Moreno Valley, Perris, and Riverside,
and County of Riverside
• 1996 – March JPA established March Joint
Powers Redevelopment Agency with
formation of March AFB Redevelopment
Project Area (Successor Agency)
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3 BACKGROUND
• 1996 – Base converted to a Reserve Base; 4,400+ acres surplussed
• 1996 - March Inland Port Airport Authority formed to create public use airport
• 1997 – Land use authority transfer from County to March JPA – March JPA has development and building codes, a General Plan and Master EIR, designed to implement the March Final Reuse Plan;
• 2002 – March Joint Powers Utility Authority formed to operate/maintain gas and electric utilities inherited from military through Base Realignment and Closure process
(BRAC)
RiversideCA.gov
4 CATALYST FOR AMENDMENT
• December 2021 – March Joint Powers Commission directed March JPA staff to prepare Sunset Plan for March JPA,
relinquishing certain duties and refocusing operation to March Inland Port Airport only
• January 2022 to September 2022 - March JPA staff and
representatives from each member agency collaborated to develop conceptual terms
• October 2022 – March JPA Commission directed
preparation of 14
th Amendment to Joint Powers Agreement
and a Tax and Revenue Sharing Agreement based on terms
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5 14TH AMENDMENT
A. Updated March JPA Roles & Responsibilities
– Continued operation and management of
Successor Agency
– Continued operation and management of March
Inland Port Airport Authority (MIPAA) for civilian
airport (Exhibit B; See Yellow Area)
– Continued non-exclusive representation of the four
March JPA member jurisdictions in state/federal
matters affecting the Successor Agency and MIPAA
– Relinquishment of March JPA territory municipal
service duties, land use authority, and non-civilian
airport responsibilities transfer to County of Riverside RiversideCA.gov
6 14TH AMENDMENT
Land use authority and municipal
services (public works, policing, fire,
property management, etc.) for all
non-airport property
(Orange Area)
C. Updated Responsibilities of
All Member Agencies
Continued participation in March
JPA to carry out responsibilities of
MIPAA and Successor Agency
Effective date: July 1, 2025
B. Updated County Roles & Responsibilities
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7 TAX & REVENUE SHARING AGREEMENT
• Property Tax Distribution:
– County to retain funds for cost of service
($2.4M plus CPI annually)
– Redevelopment Property Tax Trust Fund
payment to City of Moreno Valley and
City of Riverside
– Remaining split: 75% to County; 25% split
evenly between Cities (8.33% to Riverside)
• Sales Tax, TOT Tax, Franchise Fees
Distribution: 25% each
• Land Sales Revenue: 25% each
• Member agencies agree not to annex
territory until 2041; penalties applicable
Effective July 1, 2023
8.33%
To
Riverside
0%
100%
25%
25%
25%
RiversideCA.gov
8 TAX & REVENUE SHARING YEAR ONE
City of Riverside expected to receive $1,864,305 in year one Member Agency FY 2023-24
County of Riverside $ 6,968,533
City of Moreno Valley $ 2,696,436
City of Perris $ 1,863,522
City Riverside $ 1,864,305
Subtotal $ 13,392,796*
*These amounts do not include any money from land sales. 7 8
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5 RiversideCA.gov
9 TAX & REVENUE SHARING OVER 18 YEARS
City of Riverside expected to receive $63,600,000 over 18 years *These amounts do not include any revenue from land sales.
Period Annual Revenue Total Revenue
Years 1 - 6 (6 years) $1,800,000 $ 10,800,000
Years 7 – 14 (8 years) $3,600,000 $ 28,800,000
Years 15 – 18 (4 years) $6,000,000 $ 24,000,000
Subtotal $ 63,600,000*
*These amounts do not include any money from land sales.
RiversideCA.gov
10 Strategic Priority 3 – Economic Opportunity
Goal 3.4 – Collaborate with key partners to implement policies and programs that promote local business growth and ensure equitable opportunities for all Strategic Priority 5 – High Performing Government
Goal 5.4 – Achieve and maintain financial health by addressing gaps between revenues and expenditures and aligning resources with strategic priorities to yield the greatest impact.
Cross-Cutting Threads
STRATEGIC PLAN ALIGNMENT
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11 RECOMMENDATIONS
That the City Council:
1. Approve the Fourteenth Amended Joint Powers Agreement Between the Cities of Moreno Valley, Perris and Riverside and the County of Riverside;
2. Authorize the Mayor to execute the Fourteenth Amended Joint Powers Agreement, including making minor and non-substantive changes;
3. Approve the Tax and Revenue Sharing Agreement Among the City of Moreno Valley, the City of Perris, the City of Riverside, and the County of Riverside Regarding the March Joint Powers Authority Territory; and
4. Authorize the City Manager to execute the Tax and Revenue Sharing Agreement, including making minor and non-substantive changes.
RiversideCA.gov
12 RiversideCA.gov
14TH AMENDMENT OF THE JOINT POWERS
AGREEMENT AND TAX SHARING AGREEMENT
REGARDING THE MARCH JOINT POWERS
AUTHORITY TERRITORY
City Council
February 28, 2023
City Manager’s Office
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7 RiversideCA.gov
13 MARCH JPA TERRITORY
Source: Exhibit A
Tax & Revenue Sharing
Agreement
RiversideCA.gov
14 MJPA REDEVELOPMENT AREA & RPTTF
City of Riverside
City of Moreno Valley
Redevelopment Property
Tax Trust Fund (RPTTF)
Located Outside of March
JPA Territory
Source: Exhibit B
Tax & Revenue Sharing
Agreement
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15 AUTHORITY AREA WITHOUT AIRPORT AREA
Source: Exhibit A
14th Amendment
RiversideCA.gov
16 AUTHORITY AREA – AIRPORT FOCUS AREA
Source: Exhibit B
14 th Amendment
15 16