HomeMy WebLinkAbout2016-06-28 - RESOLUTIONS - TAX REVENUES 33676 AND 33607.5 (2)RESOLUTION NO. 16-42
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF SANTA CLARITA, CALIFORNIA,
ELECTING TO RECEIVE ALL OR A PORTION OF
THE TAX REVENUES PURSUANT TO
HEALTH AND SAFETY CODE SECTIONS 33676 AND 33607.5
WHEREAS, the City Council of the City of Santa Clarita ("City Council") adopted
Ordinance No. 97-12 on July 8, 1997, adopting the Redevelopment Plan ("Redevelopment
Plan") for the Newhall Redevelopment Project ("Project"), in order to address conditions of
blight existing within the Newhall Redevelopment Project Area ("Project Area"); and
WHEREAS, Section 33676 of the Health and Safety Code provides that prior to the
adoption of a redevelopment plan, an affected taxing agency may elect to receive, in addition to
the portion of taxes allocated to the affected taxing agency pursuant to Health and Safety Code
Section 33670(a), all or any portion of the tax revenues allocated to the Redevelopment Agency
of the City of Santa Clarita ("Agency"), pursuant to Health and Safety Code Section 33670(b)
which are attributable to the tax -increases imposed for the benefit of the taxing agency after the
year in which the ordinance adopting the Redevelopment Plan becomes effective ("Increases");
and
WHEREAS, for redevelopment plans adopted on or after January 1, 1994,
Section 33607.5 of the Health and Safety Code provides that in any fiscal year in which a
redevelopment agency receives tax increments, the community that has adopted the
redevelopment project area may elect to receive, and the Agency shall pay into it, an amount
equal to twenty-five percent (25%) of its proportional share of the tax increments received by the
Agency, after the amount required to deposit in the Low and Moderate Income Housing Fund
has been deducted ("City Election"); and
WHEREAS, ABX 1 26, adopted by the State Legislature on June 29, 2011, purports
to eliminate redevelopment agencies, but also provides that the County shall distribute property
taxes subsequent to such elimination to each taxing entity in amounts equal to that which would
have been received under, among other laws, Health and Safety Code Section 33607.5.
NOW, THEREFORE, the City Council of the City of Santa Clarita does hereby resolve
as follows:
SECTION 1. The foregoing recitals are true and correct, and the City Council
hereby so finds and determines.
SECTION 2. The City Council hereby elects to receive all increases as herein
defined.
SECTION 3. The City Council hereby elects to receive the City Election as herein
defined.
SECTION 4. The City Clerk is hereby directed and authorized to transmit a copy of
this Resolution to the tax collector of the County of Los Angeles.
SECTION 5. The City Clerk shall certify to the adoption of this Resolution.
PASSED, APPROVED, AND ADOPTED this 28th day of June 2016.
ATTEST:
ho� � . . � •..ice .:
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DATE: 7-7 -
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF SANTA CLARITA )
I, Kevin Tonoian, City Clerk of the City of Santa Clarita, do hereby certify that the
foregoing Resolution was duly adopted by the City Council of the City of Santa Clarita at a
regular meeting thereof, held on the 28th day of June 2016, by the following vote:
AYES: COUNCILMEMBERS: McLean, Boydston, Weste, Acosta, Kellar
NOES: COUNCILMEMBERS: None
ABSENT: COUNCILMEMBERS: None
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