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HomeMy WebLinkAbout1998-11-24 - RESOLUTIONS - SANDIST 26 ANNEX 302 (2)Resolution 98-140 JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES ACTING IN BEHALF OF Los Angeles County General Fund Los Angeles County Library Los Angeles County Flood Control Los Angeles County Consolidated Fire Protection District Los Angeles County Fire - FFW THE BOARD OF DIRECTORS OF COUNTY SANITATION DISTRICT NO. 1.6 OF LOS ANGELES COUNTY, AND THE GOVERNING BODIES OF City of Santa Clarita Castaic Lake Water Agency Greater Los Angeles County Vector Control District Newhall County Water District APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES RESULTING FROM ANNEXATION TO COUNTY SANITATION DISTRICT NO. 26. "ANNEXATION NO. 302" WHEREAS, pursuant to Section 99 and 99.1 of the Revenue and Taxation Code, prior to the effective date of anyjurisclictional change which will result in a special district providing a new service, the governing bodies of all local agencies that receive an apportionment of the property tax from the area must determine the amount of property tax revenues from the annual tax increment to be exchanged between the affected agencies and approve and accept the negotiated exchange of property tax revenues by resolution; and WHEREAS, the governing bodies of the agencies signatory hereto have made determinations of the amount of property taxrevenues from the annual tax increments to be exchanged as a resultof the annexation to County Sanitation District No. 26 entitled Annexation No. 302; NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: I . The negotiated exchange Of Property tax revenues resulting from the annexation of territory to County Sanitation DistrictNo. 26 in the annexation entitled Annexation Aro. 302 is approved and accepted. 2. For each fiscal year commencing on and after July 1, 1999, or after the effective date of this jurisdictional change, whichever is later, the County Auditor shall transfer to County Sanitation District No. 26 a total of 1.2029 percent of the annual tax increment attributable to the land area encompassed within Annexation No. 302. Said percentage has been determined on the basis of the following contributions. AGENCY PERCENT Los Angeles County General Fund 0.5436 Los Angeles County Library 0.0448 Los Angeles County Flood Control 0.0216 Los Angeles County Consolidated Fire Protection District 0.3098 Los Angeles County Fire - FFW 0.0270 City of Santa Clarita 0.1242 Castaic Lake Water Agency 0.1267 Greater Los Angeles County Vector Control District 0.0007 Newhall County Water District 0.0045 TOTAL 1.2029 3. No additional transferof property tax revenues shall be made from any othertaxing agencies to County Sanitation District No. 26 as a result of annexation entitled Annexation No. 302. 4. No transfer of property tax increments from properties within a community redevelopment projectwhich are legally committed to aCommunity Redevelopment Agency shall be madeduring the period that such tax increment is legally committed for repayment of the redevelopment project costs. 5. If at any time after the effective date of this resolution, the calculations used herein to determine initial property tax transfers or the data used to perform those calculations are found to be incorrect thus producing an improper or inaccurate property tax transfer, the property tax transfer shall be recalculated and the corrected transfer shall be implemented for the next fiscal year, and any amounts of property tax received in excess of that which is proper shall be refunded to the appropriate agency. The foregoing resolution was adopted by the Board of Supervisors of the County of Los Angeles, the Board of Directors of County Sanitation DistrictNo. 26 of Los Angeles County, and the governing bodies of City of Santa Clarita, Castaic Lake Water Agency, Greater Los Angeles County Vector Control District, and Newhall County Water District, signatory hereto. On 170� 7 C-31 I vote� Aj�es- We-,�7te, Kla.41c, Darcy, Ferry, Heidt Fnne Alx- - ent- None ATTEST: 'OF SANTA C7TA 9-rLtId'.1t) , " 7- NATURE ..�Fan4(-p H. He4et, Ma,7or PRINT NAME AND TITLE noveribe-r- 2A, 19198 Secretary Date (SIGNEU IN COUNTERPART) % Li 10 0 L 0 L cs ol� 94 as 0 N 0 0010- 0 z x c c c L a , 0 C 0 C V o 4 M uk'm b C% C\J 0 �E V 0 2 Z x LLJ z z % Li 10 0 L 0 L cs ol� 94 as 0 N 0 0010- 0 z x c c c L a , 0 C 0 C V o 4 M uk'm b C%