HomeMy WebLinkAbout1997-10-28 - RESOLUTIONS - CLMD 1867 TRSFR (4)RESOLUTION NO. 97-125
A JOINT RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF SANTA CLARITA AND THE LOS ANGELES COUNTY
BOARD OF SUPERVISORS APPROVING AND ACCEPTING A
NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUE
RESULTING FROM THE TRANSFER OF JURISDICTION OVER
COUNTY LIGHTING MAINTENANCE DISTRICT (CLMD) NO. 1867
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 revenue
to be exchanged as a result of the transfer of jurisdiction over County Lighting Maintenance
District (CLMD) No. 1867 is as set forth below.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF SANTA CLARITA
AND THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES, STATE OF
CALIFORNIA, DO HEREBY FIND, DETERMINE, RESOLVE, AND ORDER AS FOLLOWS:
SECTION 1. The negotiated exchange of property tax revenue resulting from the
transfer of jurisdiction over CLMD No. 1867 from the County of Los Angeles to the City of Santa
Clarita is approved and accepted.
SECTION 2. Pursuant to Resolution No. 97-124, upon the effective date of the
transfer of jurisdiction over CLMD No. 1867 from the County of Los Angeles to the City of Santa
Clarita, CLMD No. 1867 shall thereafter be designated "Santa Clarita Lighting Maintenance
District No. 2."
SECTION 3. For each fiscal year commencing on and after July 1, 1998, or after
the effective date of this jurisdictional change, whichever is later, all property tax revenue
received by Santa Clarita Lighting Maintenance District No. 2 (formerly County Lighting
Maintenance District (CLMD) No. 1867) shall be transferred to the City of Santa Clarita.
SECTION 4. That the County of Los Angeles shall forward the amount of $100,000
of the district fund balance within thirty (30) days from approval of the joint resolution. These
funds will be used for City costs for the transfer and set up processes.
SECTION 5. That the County of Los Angeles will forward approximately 90% of
the fund balance, that is. $2,687,639, within thirty (30) days from the effective date of transfer,
July 1, 1998.
SECTION 6. That the County of Los Angeles will forward the remaining fund
balance on October 1, 1998.
RESOLUTION NO. 97-125
October 28, 1997 - Page 2
SECTION 7. No additional transfer of property tax revenues shall be made to or
from any other taxing agency(ies) as a result of this jurisdictional change.
SECTION 8. The Executive Officer -Clerk of the Board of Supervisors is hereby
ordered and directed to file a certified copy of this Joint Resolution with the County Auditor -
Controller.
PASSED, APPROVED AND ADOPTED this 20, day of October 19 97.
ATTEST:
CITY CLERK
Srf,O E OF CALIFORNIA )
COUNTY OF LOS ANGELES ) §
CITY OF SANTA CLARITA )
I, 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 2C day of October '1997 by the
following vote of Council:
AYES: COUNCILMEMBERS: C,I, zt, fir, th
NOES: COUNCILMEMBERS: E:rzn?
ABSENT: COUNCILMEMBERS: Boyer, 7Y -.0 y n
CITY CLERK
RESOLUTION NO. 97-125
October 28, 1997 - Page 3
The foregoing Joint Resolution No. 97-125 was adopted by the Board of Supervisors of the
County of Los Angeles, State of California, on the day of '199—.
JOANNE STURGES
Executive Officer -Clerk of the
Board of Supervisors
County of Los Angeles
0
Chairman, Board of Supervisors
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