HomeMy WebLinkAbout2021-06-22 - RESOLUTIONS - TAX REVENUES FY 2021 22 (2)RESOLUTION NO.21-44
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");
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");
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, ABX1 26, adopted by the State Legislature on June 29, 2011, purports to
eliminate redevelopment agencies, but also provides that the County of Los Angeles 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, California, 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.
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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.
PASSED, APPROVED, AND ADOPTED this 22"d day of June 2021.
Im'u
M ..., t.
ATTEST:
CITY CLERK /Q -
DATE:
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss.
CITY OF SANTA CLARITA )
I, Mary Cusick, City Clerk of the City of Santa Clarita, do hereby certify that the
foregoing Resolution No. 21-44 was duly adopted by the City of Santa Clarita at a regular
meeting thereof, held on the 22"d day of June 2021, by the following vote:
AYES: COUNCILMEMBERS:
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS
Smyth, McLean, Weste, Gibbs, Miranda
None
None
CITY CLERK
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