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HomeMy WebLinkAbout2001-10-23 - AGENDA REPORTS - TAX RESO SANDIST 263 (2)CITY OF SANTA CLARITA AGENDA REPORT City Manager Approval xg� Item to be presented by: Vince Berton CONSENT CALENDAR DATE: October 23, 2001 SUBJECT: TAX SHARING RESOLUTIONS FOR SANITATION DISTRICT ANNEXATION NO. 263, ANNEXATION NO. 321, ANNEXATION NO. 322, AND ANNEXATION NO. 323 DEPARTMENT: Planning and Building Services RECOMMENDED ACTION Adopt resolutions approving and accepting the negotiated exchange of property tax revenues resulting from Sanitation District Annexation No. 263, Annexation No. 321, Annexation No. 322, and Annexation No. 323. BACKGROUND Los Angeles County Sanitation District Nos. 26 and 32 provide wastewater treatment services cooperatively through the Santa Clarita Valley Joint Sewerage System. To provide wastewater treatment service to property located outside of the District's service area, the service area boundary must be expanded through the annexation process. As part of this process, a tax -sharing resolution to provide the required funding to the Sanitation Districts is adopted by the public agencies responsible for providing services to the subject property. Annexation No. 263 Local agencies receiving an apportionment of property tax from the annexing area must determine the amount of tax revenues to be exchanged between the affected agencies. For Annexation No. 263, a total of 1.1058 percent of the annual tax increment attributable to the land area involved in the annexation will be transferred to Sanitation District No. 32. Of this total, the City is contributing 0.1139 percent of its revenues from the annual tax increment for the annexation area. This annexation is for the newly created assessment area on 16`" Street, east of Walnut Street. ALpted: k1- z s 01 -/z6, DI -/z7, 01-IzR Agenda Item: Annexation No. 321 Local agencies receiving an apportionment of property tax from the annexing area must determine the amount of tax revenues to be exchanged between the affected agencies. For annexation No. 321, a total of 1.1836 percent of the annual tax increment attributable to the land area involved in the annexation will be transferred to Sanitation District No. 26. Of this total, the City is contributing 0.1263 percent of its revenues from the annual tax increment for the annexation area. This annexation is for the newly created assessment area on Sierra Highway, north of Scherzinger Lane in the City of Santa Clarita. Annexation No. 322 Local agencies receiving an apportionment of property tax from the annexing area must determine the amount of tax revenues to be exchanged between the affected agencies. For annexation No. 322, a total of 1.1836 percent of the annual tax increment attributable to the land area involved in the annexation will be transferred to Sanitation District No. 26. Of this total, the City is contributing 0.1263 percent of its revenues from the annual tax increment for the annexation area. This annexation is for the newly created assessment area on Soledad Canyon Road, west of Langside in the City of Santa Clarita. Annexation No. 323 Local agencies receiving an apportionment of property tax from the annexing area must determine the amount of tax revenues to be exchanged between the affected agencies. For annexation No. 323, a total of 1.1836 percent of the annual tax increment attributable to the land area involved in the annexation will be transferred to Sanitation District No. 26. Of this total, the City is contributing 0.1263 percent of its revenues from the annual tax increment for the annexation area. This annexation is for the newly created assessment area on Ruether Avenue, north of Soledad Canyon Road in the City of Santa Clarita. ALTERNATIVE ACTIONS Other actions as determined by Council. FISCAL IMPACT As proposed, the annexations to Sanitation Districts No. 26 and 32 should result in no adverse fiscal impact to the City. ATTACHMENTS Resolution No. 263 Sanitation District letter dated September 12, 2001 Resolution No. 321 Sanitation District letter dated August 31, 2001 Resolution No. 322 Sanitation District letter dated August 31, 2001 Resolution No. 323 Sanitation District letter dated September 12, 2001 JJL:N M:Iep S: \PBS \COUNCIL\TS32-263.d.