HomeMy WebLinkAbout2000-08-22 - RESOLUTIONS - N VALENCIA II PROP TAX REVENUE (2)Resolution No. 00-105
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 NO. 98-02 (NORTH VALENCIA 2) TO THE CITY OF SANTA
CLARITA AND DETACHMENT FROM COUNTY ROAD DISTRICT NO.5
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 shall 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 No. 98-02 (North Valencia)" and
detachment from County Road District No. 5, 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 No. 98-02" is approved ani
accepted.
2. For fiscal years commencing July 1, 2001, or the July 1 after the effective date of
this jurisdictional change, whichever is later, Seven Thousand Two Hundred
Eighty Four Dollars ($7,284)
Tax Resolution - City of Santa Clarita
Annexation No. 98-02 (North Valencia)
Page 2
in property tax revenue shall be transferred to the City of Santa Clarita from the County of Los
Angeles. In addition, for each fiscal year commencing July 1, 2001, 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 (TRA) within the Santa Clarita "Annexation
No. 98-02" 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 AreaATI
01286
0.065799834
01787
0.061118511
02628
0.071657181
11737
0.058209543
12458
0.059338761
12459
0.059338761
For fiscal years commencing on and after July 1, 2001 or the July 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 No. 98-02" 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
71
Tax Resolution - City of Santa Clarita
Annexation No. 98-02 (North Valencia)
Page 3
faith complied with all applicable provisions of the California Community Redevelopment
Law, including but not limited to consultation with the County with the plan and to the
allocation of taxes, pursuant to Health and Safety Code Section 33670 or any other
relevant provision of the 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 22nd day of Auvust 2000
by the following vote:
AYES: Weste, Smyth, Ferry, Kellar, Darcy
NOES: None
ABSENT: None
ABSTAIN: None
ATTEST:
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