HomeMy WebLinkAbout1993-11-09 - RESOLUTIONS - PROPERTY TAX REVENUE EXCHANGE (2)RESOLUTION NO. 93-150
JOINT RESOLUTION OF THE BOARD OF SUPERVISORS
OF THE COUNTY OF LOS ANGELES AND THE
CITY COUNCIL OF THE CITY OF SANTA CLARITA
APPROVING AND ACCEPTING NEGOTIATED EXCHANGE
OF PROPERTY TAX REVENUE RESULTING FROM
"ANNEXATION 1992-02" TO THE CITY OF SANTA CLARITA
WHEREAS, pursuant to Section 99 of the Revenue and Taxation Code, prior to the
effective date of any jurisdictional change, the governing bodies of all agencies whose
service areas or service responsibilities would be altered by such change must determine
the amount of property tax revenue to be exchanged between the affected agencies and
approve and accept the negotiated exchange of property tax revenues by resolution; but
if the affected agency is a special district, the Board of Supervisors must negotiate on
behalf of the district; and
WHEREAS, the Board of Supervisors of the County of Los Angeles and the City
Council of the City of Santa Clarita have determined that 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 1992-02" is as
set forth below.
NOW, THEREFORE, BE IT RESOLVED as follows:
1. The negotiated exchange of property tax revenues between the County of
Los Angeles and the City of Santa Clarita resulting from "Annexation 1992-02" is
approved and accepted.
2. For fiscal years commencing July 1, 1994, or the July 1 after the effective
date of this jurisdictional change, whichever is later, Nine Hundred Nine Dollars ($909) in
property tax revenue shall be transferred from the County of Los Angeles to the City of
Santa Clarita. In addition, for each fiscal year commencing July 1, 1994, or the July 1
after the effective date of this jurisdictional change, whichever is later, Seven and Four -
Tenths Percent (7.4%) the annual tax increment attributable to the "Annexation 1992-02"
area shall be transferred from the County of Los Angeles to the City of Santa Clarita, and
the County's share of incremental tax growth shall be reduced accordingly.
3. For fiscal years commencing July 1, 1994, or the July 1 after the effective
date of this jurisdictional change, whichever is later, all property tax revenue received by
Road District No. 5 attributable to the Santa Clarita "Annexation 1992-02" area shall be
transferred to the County of Los Angeles.
4. In the event that all or a portion of the annexation area is included within a
redevelopment project pursuant to California Community Redevelopment Law, Health &
Safety Code Sections 33000 et seq., the City of Santa Clarita shall not adopt the
ordinance approving the redevelopment plan with respect to the annexed area until such
time as a report of the Fiscal Review Committee has been prepared pursuant to Health
& Safety Code Section 33353.5, the report has been reviewed, and the Redevelopment
Agency of the City of Santa Clarita and the County have diligently and in good faith
negotiated for the allocation of tax increment revenues for the project area. Agency and
County shall begin negotiations on the allocation of tax increment revenues within fifteen
(15) days after receipt by the County of the preliminary report from the Agency pursuant
to Health & Safety Code Section 33344.5 and shall meet not less than once each month
thereafter until agreement is reached on an allocation formula or litigation is filed with
-2-
respect to the redevelopment project. Any ordinance approving such redevelopment
project which does not comply with this procedure in every respect shall be void and of
no effect with regard to the subsequent distribution of taxes to the Redevelopment Agency.
THE FOREGOING RESOLUTION WAS APPROVED AND ADOPTED BY THE
BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES AND BY THE CITY
COUNCIL OF THE CITY OF SANTA CLARITA.
CITY OF SANTA CLARITA
Mayor
ATTEST:
City Clerk
9 day of November , 1993
I, Donna M. Grindey, City Clerk do 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 9th day of November, 1993 by the
following vote of Council:
AYES: COUNCILMEMBERS: Boyer,
NOES: COUNCILMEMBERS: None
ABS COUNCILMEMBERS: None
y Clerk
-3-
Darcy, Klajic, Pederson, Heidt
Approved and adopted by the Board of Supervisors of the County of Los Angeles
on this day of , 1993.
ATTEST:
LARRY J. MONTEILH, Executive Officer
Clerk of the Board of Supervisors
M
Deputy
day of 1993
-4-
COUNTY OF LOS ANGELES
Chairman, Board of Supervisors
a
d
r
z
u
_a40N ROAD
SAND CS'
� Z �'I---..—..-----
z
G%1
a
V
O
LL
0
Ebstirg City of Santa Clarita Municipal Boundary NORTH
/
Souftm line of Tract
/
2703 (MB 26.20.26)
Lot 18
t
Mn
Posed
s Armation to the
Of salla Carne
Deed recorded 3-18-09
in Book 04310, page 315 ;
N -7
Q
N
o
Z
Z
CL
\
Souftnly line of the N 12 of the
r SE 114 of section 13, T3N, R16W, S.B.M.
\
\
Deed mcorded 8.24-08 as
netlmentNoAB-1341965
Cenariine of Serra Hgtaay
\ (APN #8727-032-003)
(formerly San Fernando Road)
\
County Surveyors Fled Map
No. 11261-1, Shoe "Al*
NOT TO SCALE
NOTE: See accompar"V a9M deea"m
PREPARED BY:
for additional detail on proposed armation area Ron Kranzer
and associates
L<AO
m I
VALLEY GATEWAY PROJECT:
PROPOSED ANNEXATION PLAT