HomeMy WebLinkAbout1988-04-14 - RESOLUTIONS - SANDIST ANNEX 145 (2)RESOLUTION NO. 88-33
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF SANTA CLARITA, CALIFORNIA,
APPROVING AND ACCEPTING NEGOTIATED
EXCHANGE OF PROPERTY TAX REVENUES
RESULTING FROM ANNEXATION TO COUNTY
SANITATION DISTRICT NUMBER 32 AS
r00'1 ANNEXATION NUMBER 145
WHEREAS, pursuant to Section 99 and 99.1 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 who 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
ti,`HEREAS, 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 County Sanitation District No. 32 entitled
"Annexation No. 145 ".
NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS:
1. The negotiated exchange of property tax revenues resulting
from the annexation of territory to County Sanitation District
No. 32 in the annexation entitled "Annexation No. 145 " is
approvve7 -and accepted.
2. For each fiscal year commencing on and after July 1, 1989
or after the effective date of this jurisdictional change, which-
ever is later, the County Auditor shall transfer to County Sanitation
District No. 32 a total of 1.7049 % of the Annual Tax Increment
attributable to tfie land area encompassed within Annexation No. 145
Said percentage has been determined on the basis of the
following contributions.
Agency Percent
General County Purposes Fund 0.9689
Public Library 0.0980
Consolidated Fire Protection District 0.3444
Flood Control District 0.0194
City of Santa Clarita 0.1556
Castaic Lake Water Agency 0.1047
Total 1.6910
3. No additional transfer of property tax revenues shall be
made from any other taxing agencies to County S
No. 32 as a result of this anitation District
annexation.
4. No transfer of property tax revenues from properties within
a community redevelopment project shall be made during the period
that the entire tax increment is legally committed for repayment
of the redevelopment projact costs. The 1988-1989 assessed valuation
shall be used as the tax base for future tax increment determinations
relative to this resolution. rminations
The foregoing resolution was adopt
ed b
Of the County of Los Angeles, the Board of Directors of County
Sanitation District No. 32 and the governi gebodies of the -Board Of taxingagencies signatory hereto.
COUNTY SANITATION DISTRICT NO. 32
OF LOS ANGELES COUNTY
C airperson,Boar o Directors
ATTEST:
Secretary
City of Santa Clarita
COUNTY OF LOS ANGELES
Chairman, Board o Supervisors
LARRY J. MONTEILH, Executive
Officer - Clerk of the Board
Of Supervisors
Deputy
Castaic Lake Water Agency
April
PASSED, APPROVED AND ADOPTED THIS
1988. 14thDAY OF
ATTEST:
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