Loading...
HomeMy WebLinkAbout1998-10-13 - RESOLUTIONS - PROPERTY TAX EXCHANGE REVISED (2)Resolution No. 96-143 (Revised) REVISED 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 1992-04" (NORTHBRIDGE) 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 discovered that the earlier property tax transfer resolution for "Annexation 1992-04" contained and error which both are desirous of correcting, 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 corrected 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 1992-04" is set forth below. NOW, THEREFORE, BE IT RESOLVED: This resolution shall supersede any previous resolution adopted with respect to the negotiated exchange of property tax revenues between the County of Los Angeles and the City of Santa Clarita resulting from "Annexation 1992-04". 2. The revised negotiated exchange of property tax revenue between the County of Los Angeles and the City of Santa Clarita resulting from "Annexation 1992-04" is approved and accepted. 3. For fiscal years commencing July 1, 1998, Two Hundred Forty -Three Thousand, Eight Hundred and Thirty -Eight Dollars ($243,838) in property tax revenue shall be transferred from the County of Los Angeles to the City of Santa Clarita. In addition, for each fiscal year commencing July 1, 1998, a percentage of the annual tax increment (ATI) attributable to the Tax Rate Areas within the Santa Clarita" Annexation 1992-04" 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 as specified below: Tax Rate Area ATI% 2296 0.055850252 2305 0.058126070 2309 0.058126070 2310 0.058126070 2311 0.058126070 2312 0.058126070 4323 0.057435334 6792 0.076675900 6807 0.060617954 6808 0.076675900 6809 0.060617954 8591 0.057788782 10457 0.074320743 10503 0.058262797 10505 0.057455766 10514 0.057435334 10515 0.073493280 10516 0.054980829 10517 0.071038775 10537 0.058262797 2 10538 0.071661631 10539 0.055028741 10540 0.071661631 10836 0.058126070 10837 0.054844101 10838 0.099450122 11212 0.060617954 11226 0.058262797 11227 0.055028741 11228 0.054153365 11229 0.055028741 11299 0.058126070 11606 0.055850252 11607 0.055028741 11608 0.055028741 11609 0.055028741 11610 0.071661631 11611 0.055028741 11678 0.054153365 11783 0.058209543 11784 0.058209543 12191 0.060617954 12215 0.060617954 4. For fiscal years commencing July 1, 1998 all property tax revenue received by Road District No. 5 attributable to the Santa Clarita "Annexation 1992-04" area shall be transferred to the County of Los Angeles. 5. 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 3 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. PASSED, APPROVED AND ADOPTED this 1 -4t -h day of ()ctober , 1998, by the following vote: AYES: couNciLmEmERS: Klajic, Darcy, Ferry, Veste, Heidt NOES: CIXMILKRUZRS� tione 0O.MWOOM0 �M�[= ATTEST: -'d4'c� City Clerk 4 Mayor, City of Santa Clarita The foregoing resolution was adopted by the Board of Supervisors of the County of Los Angeles on this day of , 1996. ATTEST: JOANNE STURGES, Executive Officer - Clerk of the Board of Supervisors a Deputy o:sc 1992-04.ttr COUNTY OF LOS ANGELES Chairman, Board of Supervisors W, z Or LLJ PC Q LEGEND: Pct: PC,-. PCL. Pci- - I P0 - PQ.. PCL. L ---,P�PCL. K PcL. IV po-. M PCL.- 0 P R R C E L A 0 -33 .IX 0 c') -A 7 1; '�A 4 R F5FRIVE X Li Pi m Cc Lo > ! tLIZ A, RAWH EXISTING CITY BOUNDARY ANNEXATION BOUNDARY - -- - - -- - - OFFICE OF THE CITY EWZMMR CITY OF SANTA CLARITA ECKED BY: MAI E: ISEE—ABOVE 743.M AC z M 0 u (D z fi) I X ljj SCALE: I' = 150o, 12-12-95 INDEX OF ANNEXATION NO. 1992-04 TO TI -E CITY OF SANTA CLARITA