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HomeMy WebLinkAbout1996-08-27 - AGENDA REPORTS - MAGIC FORD ANNEXATION (2)AGENDA REPORT City Manal Item to be Jeffrey Lambert CONSENT CALENDAR DATE: August 27, 1996 SUBJECT: A JOINT RESOLUTION OF NEGOTIATED PROPERTY TAX TRANSFER FOR ANNEXATION NO. 1994-01 (MAGIC FORD ANNEXATION) RESOLUTION NO. 96-112 DEPARTMENT: Community Development BACKGROUND The proposal is for a Joint Resolution of Negotiated Property Tax Transfer to be adopted by the City Council and the Los Angeles County Board of Supervisors for Annexation No. 1994- 01 (Magic Ford Annexation). This is a proposal to annex 8.07 acres of uninhabited land to the City of Santa Carita. The property is located at the northerly terminus of Auto Center Drive, one block north of Creekside Road, and north of the existing City limits. (See attached map). Pursuant to State law, distribution of property tax revenue derived from the area must be negotiated and approved by a joint resolution of the City and the County of Los Angeles. A formula, agreed to by the County and the California League of Cities in 1979, is used to determine the percentage of the property taxes to be transferred when the assessed value of the annexation area is less than $10 million. The proposed resolution provides for the transfer, from the County to the City, of $757 in property tax revenue on July 1 of.the first fiscal year following completion of the annexation and 6.05/0 of the annual tax increment (ATI) for the Tax Rate Area (TRA) within the annexation area thereafter. The resolution also provides for the transfer of all property tax revenue currently received by County Road District No. 5 attributable to this area to the County of Los Angeles. Finally, the resolution contains language stating that the City shall not adopt an ordinance approving a redevelopment plan containing the proposed annexation area without consulting the County with respect to the allocation of taxes. RECOMMENDATION Adopt Resolution No. 96-112 for transmittal to the Local Agency Formation Commission (LAFCO) and action by the Los Angeles County Board of Supervisors. ATTACHMENTS Resolution No. 96-112 Q ®(('�� Vicinity map s:\cd\annex\941artx.mar Ad'004s ^ 2 -I A enda Item: Resolution No. 96-112 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 1994-01" TO THE CITY OF SANTA CLARPTA 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 1994-01" is as set forth below. 4 NOW, THEREFORE, BE IT RESOLVED: The negotiated exchange of property tax revenue between the County of Los Angeles and the City of Santa Clarita resulting from "Annexation 1994-01" is approved and accepted. 2. For fiscal years commencing July 1, 1997, or the July 1 after the effective date of this jurisdictional change, whichever is later, Seven Hundred, Fifty -Seven Dollars ($757) in property tax revenue shall be transferred from the County of Los Angeles to the City of Santa Clarita. In addition, for each fiscal years commencing July 1, 1997, or the July I after the effective date of this jurisdictional change, whichever is later, 6.0559496% of the incremental tax growth attributable to the Santa Clarita "Annexation 1994-01" 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. For fiscal years commencing July 1, 1997 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 1994-01" 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 the Redevelopment Agency of the City of Santa Clarita has. diligently and in good faith complied with all applicable provisions of the California Community Redgvelopment Law, including but not limited to 1 consultation with the County with respect to the plan and to the allocation of taxes, pursuant to Health & Safety Code Section 33670 or any other -relevant provision of law. Any ordinance approving a redevelopment project which does not comply with this paragraph shall be void and of no effect with regard to the subsequent allocation and distribution of taxes to the Redevelopment Agency. -2- 19—.PASSED, APPROVED AND ADOPTED this day of !07)/IIi7� ATTEST: CITY CLERK STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) § CITY OF SANTA iLARITA ) I, George A. Caravalho, City Manager/City Clerk of the City of Santa Clarita, do hereby certify that the foregoing Resolution was duly adopted by the City Council of the City f Santa Clarita at a regular meeting thereof, held on the day of 19_ by the following vote of Council: AYES: COUNCILMEMBERS: NOES: COUNCILMEMBERS: ABSENT: COUNCILMEMBERS: CITY CLERK The foregoing resolution was adopted by the Board of Supervisors of the County of Los Angeles on this day of ATTEST: JOANNE STURGES, Executive Officer - Clerk of the Board of Supervisors M Deputy o:w94-0I.ttr COUNTY OF LOS ANGELES Q Chairman, Board of Supervisors 1996. - q ` L - C.F,D��� �•._.%n OTS ��—_ LEGEND: lfll1111/11=1 ANNEXAT I ON - •. -EXISTING O"IM Of M qTY Dk /M . CITY OF SANTA CLARITA aM= m. - scxc AREA.. AY O. HA JU 8.07+ ACRES 0.023+ 50. WLM 2311-2-41 Y 42 264 M 117 -ILEO MW M COUM R[CORm H _ 4 w C \ 2 _ D (PROPOSED) ANNEXATION NO 1994-01 TO THE CITY OF SANTA CLARITA