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HomeMy WebLinkAbout1992-06-23 - RESOLUTIONS - SANDIST NO 32 ANNEX NO 205 (2)RESOLUTION 92-126 JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES ACTING IN BEHALF OF Los Angeles County General Purposes Fund Los Angeles County Public Library Los Angeles County Flood Control District Los Angeles County Fire Protection District Los Angeles County Lighting Maintenance District #1867 THE BOARD OF DIRECTORS OF COUNTY SANITATION DISTRICT NO. 32 OF THE COUNTY OF LOS ANGELES, AND THE GOVERNING BODIES OF City of Santa Clarita Castaic Lake Water Agency Southeast Mosquito Abatement District Newhall County Water District �. APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES RESULTING FROM ANNEXATION TO COUNTY SANITATION DISTRICT NO. 32 "ANNEXATION NO. 205" 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. 205. 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. 205 is approved and accepted. 2 For each fiscal year commencing on and after July 1, 1993 or after the effective date of this jurisdictional change, whichever is later, the County Auditor shall transfer to County Sanitation District No. 32 ,... a total of 2.8340 percent of the Annual Tax Increment attributable to the land area encompassed within Annexation No. 205. Said percentage has been determined on the basis of the following contributions. AGENCY PERCENT Los Angeles County General 1.2900 Los Angeles County Library .1272 Los Angeles County Flood Control .0259 Fire Protection District .4042 County Lighting Maintenance District #1867 .0573 City of Santa Clarita .7569 Castaic Lake Water Agency .1618 Southeast Mosquito Abatement District .0020 Newhall County Water District .0087 TOTAL 2.8340 3. No additional transfer of property tax revenues shall be made from any other taming 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 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 ATTEST: Secretary CitySanta Clarita Southeast Mosquito Abatement District Chairman, Board of Supervisors LARRY J. MONTEILH, Executive Officer Clerk of the Board of Supervisors Deputy Castaic Lake Water Agency Newhall County Water District «f 17*3).