HomeMy WebLinkAbout1997-01-14 - AGENDA REPORTS - NEGOTIATED PROPERTY TAX (2)City Manager
Item to be pre
CONSENT CALENDAR
DATE: January 14, 1997
SUBJECT: A JOINT RESOLUTION OF NEGOTIATED PROPERTY TAX TRANSFER
FOR ANNEXATION NO. 1990-11(A) (Vista Del Canon)
RESOLUTION NO. 97-2
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. 1990-
11(AXVista Del Canon). This is a proposal to annex 18.9 acres of inhabited land to the City of
Santa Clarita. The property is located south of Vista Del Canon Drive between Sierra Highway
and Via Princessa (opposite the Price Club) 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. Amounts over $10 million must be negotiated. The
Finance Department has reviewed the formula amount and finds it 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 $25,805 in
property tax revenue on July 1 of the first fiscal year following completion of the annexation and
5.73% 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. 97-2 for transmittal to the Local Agency Formation Commission (LAFCO)
and action by the Los Angeles County Board of Supervisors.
ATTACHMENTS
Resolution No. 97-2
Vicinity map Q� Agenda Itei�l. �
s:\cd\annex\9011arkx.mar Adopted:) — ' (LJ
Resolution No. 97-2
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 1990-11(A)" 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 1990-1 I(A)" 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 1990-11(A)" 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, Twenty -Five Thousand, Eight Hundred, Five Dollars
($25,805) 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, 0.057278045% of the
incremental tax growth attributable to the Santa Clarita "Annexation 1990-11(A)" 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, 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 1990-11(A)" 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 (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.
5. The City Clerk shall certify to the adoption of this resolution and certify this
record to be a full, true, correct copy of the action taken.
PASSED, APPROVED AND ADOPTED this day of
19
MAYOR
ATTEST:
CITY CLERK
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) §
CITY OF SANTA CLARITA )
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 day of
19_ by the following vote of Council:
AYES: COUNCILMEMBERS:
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
s:\cd\annex\9011artx.mar
CITY CLERK
l
The foregoing resolution was adopted by the Board of Supervisors of the County of
Los Angeles on this day of , 1997.
ATTEST;
JOANNE STURGES, Executive Officer -
Clerk of the Board of Supervisors
Deputy
o=90-11(e).dr
COUNTY OF LOS ANGELES
Chairman, Board of Supervisors
I
0
CITY OF 5A CLARITA
W M7}E CO. RECORDER
ri
LEGEND: I ii
"Z�IZZZZ�I LL ANNEXAT ION BDRY. a
EXIST. CITY BDRY.
(PROPOSED)
ANNEXATION 1990-11
VISTA DEL CANON
TO 'THE CITY OF SANTA CLARITA