The URL can be used to link to this page

Home My WebLink About1996-12-10 - AGENDA REPORTS - PROPERTY TAX TRANSFER ANNEX (4)AGENDA REPORT City Manager Approval Item to be presented by: Jeffrey Lambert CONSENT CALENDAR DATE: December 10, 1996 SUBJECT: A JOINT RESOLUTION OF NEGOTIATED PROPERTY TAX TRANSFER FOR ANNEXATION NO. 1992-03 (SECO CANYON) RESOLUTION NO. 96-145 DEPARTMENT: Community Development 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. 1992-03 (Seco Canyon Annexation). This is a proposal to annex 425 acres of inhabited land to the City of Santa Clarita. The property is located north of Copper Hill Drive and east and west of Seco Canyon Road adjacent to 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. For amounts over $10 million this must be negotiated. The Finance Department has reviewed the formula amount and finds it is acceptable as the City's offer to negotiate. The County has accepted as well. The proposed resolution provides for the transfer, from the County to the City, of $141,307 in property tax revenue on July 1 of the fust fiscal year following completion of the annexation and 5.45% of the annual tax increment (ATI) for the Tax Rate Areas (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. 96-145 for transmittal to the Local Agency Formation Commission (LAFCO) and action by the Los Angeles County Board of Supervisors. Resolution No. 96-145 Vicinity map Adopted. 2' D -qLo Nerg Ite � , s:\cd\annex\923artx.mar _ a Resolution No. 96-145 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 1992-03" (SECO CANYON) TO THE CITY OF SANTA CLARTTA 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 1992-03" is as set forth below. 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 1992-03" is approved and accepted. 2. For fiscal years commencing July 1, 1998, or the July 1 after the effective date of this jurisdictional change, whichever is later, One Hundred Forty -One Thousand, Three Hundred and Seven Dollars ($141,307) 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, 1998, or the July 1 after the effective date of this jurisdictional change, whichever is later, .a portion of the annual tax increment (ATI) attributable to the Tax Rate Areas within the Santa Clarita"Annexation 1992-03" area, as set forth below, shall be transferred from the County of Los Angeles totheCity of Santa Clarita, and the County's share of incremental tax growth shall be reduced accordingly: Tax Rate Area 06477 06686 06792 06685 07280 ATI% 0.049215477 0.060277418 0.066192002 0.045851038 0.047363724 For fiscal years commencing July 1, 1998 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 1992-03" area shall be transferred to the County of Los Angeles. 4. In the event that all or a portion of the annexation area is subsequently included within a redevelopment project pursuant to California Community Redevelopment Law (California 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 Redevelopment Law, including but not limited to 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 that includes this annexed area and 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. PASSED, APPROVED AND ADOPTED this day of 1996, by the following vote: AYES: NOES: ABSENT: ABSTAIN: ATTEST: City Clerk Mayor, City of Santa Clarita The foregoing resolution was adopted by the Board of Supervisors of the County of Los Angeles on this ATTEST: day of JOANNE STURGES, Executive Officer - Clerk of the Board of Supervisors Deputy o=1992-03.ttr COUNTY OF LOS ANGELES Chairman, Board of Supervisors 11 1996. N 89° 32'57 N 890 3' 04N I80I5'86"E 1318.94' 1318.86 277.23 'd p=21°38,38" N 00013' 42° W R.229.05• L=86.53' N8902012"E 1316.29' � A r J Q Cr• w a 1519.17 D Q -j CYPRESS y `� CYPRESS PL. 0 A-A-.02055,55"02°55�53 N �' J L ON bT R=229.05' T � J 111.72 Q POPLAR 5J ti BREL PL' U N06019 05"W Un* e..nN N.u"a y P F V0. 1518.70 DI N79 VIS-W MIS D9 NM 0732•W 160.10 ❑ 6" PP 02 HSI WIVE 61.79 'F N NVU22-E 91.16 N D6 M716r47.9 14491 M NH W"'E 0'9 DI NIS 06`0-9 49.M z 06 NN 00.19' W 6402 0I N76 IT34-c 0.07 r 010 N6121.61'E 130.14 \ w N88°27 55 1264.51 Du sooT" w 106.12 DI2 N161SEI'E 209.61 y1 D12 612 N'09'e IoW 014 9R Is61•W 10.66 -y } 016 341 N•04•e 37.33 ♦y 2 QT DUI 36601.33.9 21.11 w 4 D17 N7141'd'E 061.0I• DI6 SM 4929'9 155.0 b i w ,70T• 0 AASH COURT a J DV, w °T ONi B FIRCOURT C ACACIA COURT z A D ASPEN COURT SEE DETAIL NrAN 2•(.O 3 S PEACH COURT BELOW PL. -1 �6,�4 • F BUCKEYE COURT a Q�' 0OORAL WAY H WHITE FINE PLACE u M J NANOARIN LANE a ° 02. 6 ♦, SOp9'n P0.8. P e -- /> A CLARITA i _ ITY OF SANT a N ELY LINE m LEGEND: D8 D9 DID DH RANCHO SAN g ANNEXATION BDRY. �� 012 FRANCISCO EXIST. CITY BDRY. -__.__ D7 015 D14 D13 D16 -- D5 06 D17 D4 03 D18 D2 °',; DETAIL I"6 200' OFFICE OF THE CITY ENGINEER "' q CITY OF SANTA CLARITA 'ANNEXATION NO. 1992-03 CHECKED BY: scALE6 TO THE CITY OF SANTA CLARITA AREA A.M.B H.N.M. 425.78 AC. 3244.27,32, 282 H125 70.74 04.9 107 279.H 125 FILED WITH THE COUNTY RECORD