HomeMy WebLinkAbout1996-01-23 - RESOLUTIONS - SANDIST 26 ANNEX 285 (2)RESOLUTION NO. 96-8
JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES
ACTING IN BEHALF OF
Los Angeles County General Fund
Los Angeles County Library
Los Angeles County Flood Control
Los Angeles County Fire Protection District
Los Angeles County Fre - FFW
THE BOARD OF DIRECTORS OF COUNTY SANITATION DISTRICT NO. 26 OF THE COUNTY OF
LOS ANGELES, AND THE GOVERNING BODIES OF
City of Santa Clarita
Castaic Lake Water Agency
Greater Los Angeles County Vector Control District
APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES
RESULTING FROM ANNEXATION TO COUNTY SANITATION DISTRICT NO. 26.
"ANNEXATION NO. 285"
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 that 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 liiiverning 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. 26 entitled Annexation No. 285.
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. 26 in the annexation entitled Annexation No. 285 is approved and accepted.
2. For each fiscal year commencing on and after July 1, 1996 or after the effective date of this
jurisdictional change, whichever is later, the County Auditor shall transfer to County Sanitation District No. 26
—^- a total of 1.1074 percent of the Annual Tax Increment attributable to the land area encompassed within
Annexation No. 285.
Said percentage has been determined on the basis of the following contributions.
AGENCY PERCENT
Los Angeles County General Fund
0.5014
Los Angeles County Library
0.0414
Los Angeles County Flood Control
0.0194
Los Angeles County Fire Protection District
0.2913
Los Angeles County Fire - FFW
0.0247
City of Santa Clarita
0.1120
Castaic Lake Water Agency
0.1166
Greater Los Angeles County Vector Control District
0.0006
TOTAL 1.1074
3. No additional transfer of property tax revenues shall be made from any other taxing agencies
to County Sanitation District No. 26 as a result of annexation entitled Annexation No. 285.
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. 26 and the governing bodies of City of Santa Clarita,
Castaic Lake Water Agency, and Greater Los Angeles County Vector Control District signatory hereto.
Passed, Approved and Adopted this 23rd day of January, 1996.
AYES:
COUNCILMEMBERS:
Darcy,
Smyth, Pederson,
Boyer
NOES:
COUNCILMEMBERS:
None
ABSENT:
COUNCILMEMBERS:
None
EXCUSED:
COUNCILMEMBERS:
Heidt
ATTEST:
CITY OF SANTA CLARITA
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SIGNATURE
64&L AyAr? , MAYoz-
PRINT NAME AND TITLE
Date
(SIGNED IN COUNTERPART)
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