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HomeMy WebLinkAbout1997-07-08 - RESOLUTIONS - ANNEX 1995-01 PROPERTY TAX (2)Resolution No. 97-85 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 1995-01" 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 1995-01" 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 1995-01" is approved and accepted. 2. For fiscal years commencing on and after July 1, 1998, or the July 1 after the effective date of this jurisdictional change, whichever is later, One Hundred Twenty -Six Dollars ($126) 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 on and after 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 1995-01" area, as set forth below, 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: Tax Rate Area ATI% 09151 0.059392061 For fiscal years commencing on and after July I, 1998 or the July I 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 1995-01" area shall be transferred to the County of Los Angeles. 4. In the event that all or a portion of the annexation area is 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 :bsequent allocation and distribution of taxes to the Redevelopment Agency. PASSED, APPROVED AND ADOPTED this D r h day of I t y 1997. ATTEST: CITY CLERK STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) § CITY OF SANTA CLARITA ) 1, Sharon L. Dawson, CMC, 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 F r h day of ill'. y , 19 97 by the following vote of Council: AYES: COUNCILMEMBERS: Royer, Darcy, KAzjic, E`ei.dt_, Smyth NOES: COUNCILMEMBERS: prone ABSENT: COUNCILMEMBERS: None V�AiJ�lO v CITY CLERK The foregoing resolution was adopted by the Board of Supervisors of the County of Los Angeles on this day of 1997. COUNTY OF LOS ANGELES Chairman, Board of Supervisors ATTEST: JOANNE STURGES, Executive Officer - Clerk of the Board of Supervisors Deputy 0 c:`,doc ea\tu' c95-0I.nr Hunters Green Residential Development I and Golf Course EIR ! !-i1=\\\MN••l� van lar _i .. � l r F7 0 0.5 1•.0 Smxv- USG5 Mine Cawfm Quadrangle, 7.5 Minute wise, 190 Scale in Miles Project Location T NORTH Figure 3.0-2