HomeMy WebLinkAbout2017-04-11 - RESOLUTIONS - TAX REVENUE SANDIST ANNEX 1085 (4)RESOLUTION 17-29
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
Greater Los Angeles County Vector Control District
City of Santa Clarita
Santa Clarita Street Lighting Maintenance District No, 2
Santa Clarita Library
Castaic Lake Water Agency
APPROVING AND ACCEPTING NEG0TIA`IED EXCHANGE OF PROPERTY TAX REVENUES
RESUI-XING FROM ANNEXATION TO SANTA CL,ARITA VALLEY SANITATION DISTRICT.
"ANNEXATION NO. 1085"
WHEREAS, pursuant to Section 99 and 99.01 of the Revenue and Taxation Code, prior to the
effective date of any jurisdictional change which will result in a special district providing a new service,
the governing bodies of all local agencies that receive an apportionment of the property tax from the area
must determine the amount of property tax revenues from the annual tax increment to be exchanged
between the affected agencies and approve and accept the negotiated exchange of property tax revenues
by resolution; and
WHEREAS, the governing bodies of the agencies signatory hereto have made determinations of
the amount of property tax revenues from the annual tax increments to be exchanged as a result of the
annexation to Santa Clarita Valley Sanitation District entitled Annexation No. 1085;
NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS:
1. 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. 1085 is approved and
accepted.
2. For each fiscal year commencing on and after July 1, 2016 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 1,3609412 percent of the annual tax increment attributable to the land area
encompassed within Annexation No. 1085 as shown on the attached Worksheet.