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Direct staff to initiate process to annex 17th Street and Tustin Avenue <br />County of Orange Unincorporated Island <br />June 5, 2018 <br />Page 3 <br />The following is the proposed annexation process timeline: <br />June 5, 2018 <br />City Council directs Staff to initiate the annexation process <br />July — August 2018 <br />LAFCO Public meeting (in collaboration with City/County) <br />August 2018 <br />Planning Commission considers a resolution recommending to <br />the City Council regarding the General Plan consistency and the <br />prezoning for the proposed annexation. <br />September 2018 <br />City Council considers Resolution, Annexation, General Plan <br />Consistency and Prezoning Resolution and Cooperative <br />Agreement, Property Tax Exchange Agreement, Cost Recovery <br />Agreements (County, Developer, Owner), etc. <br />October 2018 <br />County of Orange considers Resolution, Annexation and <br />Cooperative Agreement, Properly Tax Exchange Agreement, <br />Cost Recovery Agreements, etc. <br />November 2018 <br />City files Application with LAFCO <br />December 2018 — March 2019 <br />LAFCO process and approves annexation <br />STRATEGIC PLAN ALIGNMENT <br />This item supports the City's efforts to meet Goal #3 — Economic Development, Objective #5 <br />(Leverage private investment that results in tax base expansion and job creation citywide), <br />Strategy A (Identify and market underutilized properties (city and non -city owned) for new <br />development that will create new jobs and expand the City's tax base). <br />FISCAL IMPACT <br />There is no fiscal impact associated with this item. In the event the City Council approves the <br />annexation process, there may be infrastructure improvements necessary to bring the Island to <br />City standards as well as costs associated with the delivery of City services. If approved by City <br />Council, Staff will review the conditions of the entire Island and meet with representatives from <br />the County and the Owner/Developer of the development site to determine the improvements <br />that are planned in the area and services that will need to be rendered going forward. This <br />information, along with draft agreements between the City, County and the Owner/Developer, will <br />be presented to the City Council for future consideration. <br />Exhibits: 1. Map of 17"' Street and Tustin Avenue Island <br />2. OCLAFCO Project Application Form <br />65F-3 <br />