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HomeMy WebLinkAbout1990-08-14 - RESOLUTIONS - AMEND RESO 90-22 ANNEX 1989-02 (2)RESOLUTION NO. q().-7 rn JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES AND THE CITY COUNCIL OF THE CITY OF SANTA CLARITA AMENDING JOINT RESOLUTION 90-22 APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUE RESULTING FROM "ANNEXATION NO. 1989-02" TO THE CITY OF SANTA CLARITA (ANNEXATION TO CONSOLIDATED FIRE PROTECTION DISTRICT) WHEREAS, pursuant to Section 99 of the Revenue and Taxation Code, the Board of Supervisors of the County of Los Angeles and the City Council of the City of Santa Clarita adopted Joint Resolution 90-22 approving the amount of property tax revenues to be exchanged between their respective agencies as a result of the annexation of unincorporated territory to the City of Santa Clarita entitled "Annexation No. 1989-02." WHEREAS, on July 25, 1990, the Local Agency Formation Commission approved "Annexation No. 1989-02" with the condition that said tax transfer resolution be amended to provide for the transfer to the Consolidated Fire Protection District of the annual tax increment attributable to the territory annexed to the District as a result of the incorporation of the City of Santa Clarita on December 15, 1987. NOW, THEREFORE, BE IT RESOLVED as follows: 1. Joint Resolution 90-22, approved by the City Council of the City of Santa Clarita on February 13, 1990 and by the Board of Supervisors of the County of Los Angeles on March 10, 1990, is hereby amended to include the following section: "6. In addition to the foregoing transfers of property tax ,,� revenue, the County of Los Angeles and the City of Santa Clarita ^ wish to provide for the transfer of incremental tax growth attributable to territory which was annexed to the Consolidated Fire Protection District when the City incorporated December 15, 1987. Accordingly, for fiscal years commencing on and after July 1, 1991, Sixteen and Seven -Tenths Percent (16.7%) of the annual tax increment attributable to that portion of the City of Santa Clarita which was annexed to the District as a result of the city incorporation, shall be transferred to the Consolidated Fire Protection District from the County of Los Angeles, and the County's share of incremental tax growth shall be reduced accordingly." THE FOREGOING RESOLUTION WAS ADOPTED BY THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES AND BY THE CITY COUNCIL OF THE CITY OF SANTA CLARITA. PASSED, APPROVED AND ADOPTED this 14th day of August 1990. MAYOR ATTEST: CITY CLIAK I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the City Council of the City of Santa Clarita at a regular meeting thereof, held on the 14th day of August 1990, by the following vote of the Council: AYES: COUNCILMEMBERS: Heidt, Klajic, McKeon, Darcy NOES: COUNCILMEMBERS: None ABSENT: COUNCII14MM: Boyer 7 CITY CLERK -2- ADOPTED BY THE BOARD OF SUPERVISORS OF LOS ANGELES COUNTY this day of , 1990. Chairman, Board of Supervisors ATTEST: LARRY J. MONTEILH, Executive Officer - Clerk of the Board of Supervisors By Deputy -3-