HomeMy WebLinkAbout1988-06-23 - RESOLUTIONS - SANDIST ANNEX 167 (2)RESOLUTION NO. 88-81
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
ANNEXATION NUMBER 167
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
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 County Sanitation District No. 32 entitled
"Annexation No. 167 "•
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. 167 is
approver 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 1.8317 % of the Annual Tax Increment
attributable to tTie land area encompassed within Annexation No. 167
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
Newhall Lighting District 0.0452
Flood Control District 0.0194
City of Santa Clarita 0.1556
Castaic Lake Water Agency 0.1047
Newhall County Water District 0.1355
Total �i7
3. No additional transfer of property tax revenues shall be
made from any other taxing agencies to County Sanitation District
No. 32 as a result of this 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 project costs. The 1988-1989 assessed valuation
shall be used as the tax base for future tax increment determinations
relative to this resolution.
The foregoing resolution was adopted by the Board of Supervisors
of the County of Los Angeles, the Board of Directors of County
Sanitation District No. 32 and the governing bodies of the taxing
agencies signatory hereto.
COUNTY SANITATION DISTRICT NO. 32 COUNTY OF LOS ANGELES
OF LOS ANGELES COUNTY
Chairperson, Board of Directors Chairman, Board of Supervisors
ATTEST:
Secretary
LARRY J. MONTEILH, Executive
Officer - Clerk of the Board
of Supervisors
Deputy
City of Santa Clarita Castaic Lake Water Agency
Newhall County Water District
PASSED, APPROVED AND ADOPTED THIS 23rd DAY OF
June 1988.
MAYOR
ATTEST:
C CL R