HomeMy WebLinkAbout2015-10-13 - RESOLUTIONS - ANNEX 1083 LIBRARY (2)JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES
ACTING IN BEHALF OF
Los Angeles County General Fund
Los Angeles County Consolidated Fire Protection District
Los Angeles County Flood Control
THE BOARD OF DIRECTORS OF SANTA CLARITA VALLEY SANITATION DISTRICT OF LOS
ANGELES COUNTY, AND THE GOVERNING BODIES OF
Newhall County Water District
APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES
RESULTING FROM ANNEXATION TO SANTA CLARITA VALLEY SANITATION DISTRICT.
WHEREAS, the governing bodies of the agencies signatory hereto h 'ave made determinations of
the amount of property tax revenues frorn the annual tax increments to be exchanged as a result of the
annexation to Santa Clarita Valley Sanitation District entitled Annexation No. 1083,-
I . The negotiated exchange of property tax revenues resulting from the annexation of territory
to Santa Clarita Valley Sanitation District in the annexation entitled Annexation No. 1083 is approved and
accepted.
2. For each fiscal year commencing on and after July 1, 2015 or after the effective date of this
jurisdictional change,whichever 'is later, the County Auditor shall transfer to Santa Clarita Valley
Sanitation District a total of 0.9837837 percent of the annual tax increment attributable to the land area
enco.mpassed within Annexation No. 1083 as shown on the attached Worksheet.
3. No additional transfer of property tax revenues shall be made from any other tax agencies to
Santa Clarita Valley Sanitation District as a result of annexation entitled Annexation No. 1083.
transfer of property tax increments from properties within a community redevelopment
project, which are legally committed to a Community Redevelopment Agency, shall be made during the
period that such tax increment i's legally committed for repayment of the redevelopment project costs.
5. If at any time after the effective date of this resolution, the calculations used herein to
determine initial property tax transfers or the data used to perform those calculations are found to be
incorrect thus producing an improper or inaccurate property tax transfer, the property tax transfer shall be
recalculated and the corrected transfer shall be implemented for the next fiscal year, and any amounts of
property tax received in excess of that which is proper shall be refunded to the appropriate agency.
The foregoing resolution was adopted by the Board of Supervisors of the County of Los Angeles,
the Board of Directors of Santa Clarita Valley Sanitation District of Los Angeles County, and the
governing
e
bodies of Greater Los Angeles County Vector Control District, Antelope Valley Resourc
Conservation District, City of Santa Clarita, Santa Clarlita Library, Castalc Lake Water Agency, and
Newhall County Water District, signatory hereto.
On roll call vote: SANTA CLARITA LIBRARY
Ayes: Boydston, Weste, Acosta,
Kellar, McLean
Noes.- None SIGNATURE-,
Absent.- None
Motion carried.
Marsha McLean, Mayor
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