HomeMy WebLinkAbout1988-04-14 - RESOLUTIONS - SANDIST ANNEX 223 (2)11
RESOLUTION NO. 88-45
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 26 AS
ANNEXATION NUMBER 223
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. 26 entitled
"Annexation No. 223
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. 26 in the annexation entitled "Annexation No. 223 is
approve 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. 26 a total of 2.3039 % of the Annual Tax Increment
attributable to tiie land area encompassed within Annexation No. 223
Said percentage has been determined on the basis of the
following contributions.
Agency
Percent
10^ General Countv Purposes Fund 1.3094
Public Library
Consolidated Fire Protection District
Flood Control District
City of Santa Clarita
Castaic Lake Water Agency
Total
0.1324
0.4654
0.0262
0.2103
0.1415
2852
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3. No additional transfer of property tax revenues shall be
made from any other taxing agencies to County Sanitation District
No. 26 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 aesolution.
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. 26 and the governing bodies of the taxing
agencies signatory hereto.
COUNTY SANITATION DISTRICT NO. 26
OF LOS ANGELES COUNTY
Chairperson, Board of Directors
ATTEST:
Secretary
COUNTY OF LOS ANGELES
Chairman, Board of Supervisors
LARRY J. MONTEILH, Executive
Officer - Clerk of the Board
of Supervisors
Deputy
City of ante Clarita Castaic Lake Water Agency
PASSED, APPROVED ARID ADOPTED THIS 14th DAY OF
April 1988. pp
Mayor
ATTEST:
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