HomeMy WebLinkAbout1996-08-27 - RESOLUTIONS - ANNEX 1995-03 TAX REVENUE (2)RESOLUTION NO. 96-91
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 1995-03" (LOCKHEED BUSINESS PARI)
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 1995-03," is as set forth below.
NOW, THEREFORE, BE IT RESOLVED:
1. The negotiated exchange of property tax revenue between the County of Los Angeles and
the City of Santa Clarita resulting from "Annexation 1995-03" 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, Twenty -Nine Thousand, Nine Hundred Ninety -
One Dollars ($29,991) 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,
1997, or the July 1 after the effective date of this jurisdictional change, whichever is later,
5.9401657% of the incremental tax growth attributable to the Santa Clarita "Annexation
1995-03" area shall be transferred froo 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, 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 1995-03" 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 (California Health & Safety Code Sections 33000 et seq.),
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.
RESOLUTION NO. 96-91
Page 2
PASSED, APPROVED AND ADOPTED this 27th day of &IW, t- —'19 96.
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) §
CITY OF SANTA CLARITA )
MPi.
I
_ 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
of Santa Clarita at a regular meeting thereof, held on the 27th day of
August , 199fi__ by the following vote of Council:
AYES: COUNCILMEMBERS: Darcy, Heidt, Klajic, Styth,Boyer
NOES: COUNCILMEMBERS: None
ABSENT: COLTNCILMEM 3ERS: None +,,
RESOLUTION NO. 96-91
Page 3
The foregoing resolution was adopted by the Board of Supervisors of the County
of Los Angeles on this _ day of 1996.
COUNTY OF LOS ANGELES
Chairman, Board of Supervisors
ATTEST:
JOANNE STURGES, Executive Officer -
Clerk of the Board of Supervisors
Ex
Deputy
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(PROPOSED)
ANNEXATION NO. 1995.03
TO CITY OF SANTA CLARITA