HomeMy WebLinkAbout1989-01-10 - RESOLUTIONS - SANDIST ANNEX 236 (2)RESOLUTION NO. 89-7
JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES
ACTING IN BEHALF OF
1. General County Purposes Fund
2. Public Library
3. Consolidated Fire Protection District
4. Flood Control District
THE BOARD OF DIRECTORS OF COUNTY SANITATIONDISTRICT NO. 26 OF THE COUNTY OF
LOS ANGELES, AND THE GOVERNING BODIES OF
1. City of Santa Clarita
2. Castaic Lake Water Agency
APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES
RESULTING FROM ANNEXATIONTO COUNTY SANITATIONDISTRICT NO. 26.
... "ANNEXATIONNO.236'
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 accepted 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 "AnnexationNo. 236'.
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 "AnnexationNo. 236' is approved and accepted.
2. For each fiscal year commencing on and after July 1, 1990 or after the effective date of this
jurisdictional change, whichever is later, the County Auditor shall transfer to County Sanitation District No. 26
a total of 2.2852% of the Annual Tax Increment attributable to the land area encompassed within Annexation
No. 236.
-,Resolution No. 89-7
?age 2
Said percentage has been determined on the basis of the following contributions.
AGEN Y
General County Purposes Fund
Public Library
Consolidated Fire Protection District
Flood Control District
City of Santa Clarita
Castaic Lake Water Agency
PERCENT
1.3094
0.1324
0.4654
0.0262
0.2103
0.141
TOTAL 2.2852
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 transferof property tax revenues from properties within a communityredevelopmentproject
shall be made during the period that the entire tax increment is legally committed for repayment of the
redevelopment project costs. The 1989-1990 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. 26 and the governing bodies of the taxing agencies signatory
hereto.
COUNTY SANITATIONDISTRICT NO. 26
OF LOS ANGELES COUNTY
Chairperson, Board of Directors
ATTEST:
COUNTY OF LOS ANGELES
Chairman, Board of Supervisors
LARRYJ. MONTEILH, Executive
Officer - Clerk of the Board of
Supervisors
Deputy
Castaic Lake Water Agency
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