HomeMy WebLinkAbout1997-01-14 - RESOLUTIONS - PROPERTY TAX REVENUE EXCHANGE (2)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 1990-11(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 1990-1 I(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 I 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.
3. 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 14th day of Janua
19 97.
ATTF.CT-
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 14th day of January
19 9 7 by the following vote of Council:
AYES: COUNCILMEMBERS:
NOES: COUNCILMEMBERS:
ABSENT: COUNCILMEMBERS:
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Darcy,Heidt, Klajic, Boyer, Smyth
None
None
1
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
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COUNTY OF LOS ANGELES
Chairman, Board of Supervisors
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"L1ZZl'1'1 Z-1 ANNEXAT ION BORY.
EXIST. CITY GORY.
ANNEXATION 1990-11
VISTA DEL CANON
TO 'THE CITY OF SANTA CLARITA