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HomeMy WebLinkAbout2001-04-10 - RESOLUTIONS - TAX SHARING SANDIST ANNEX 318 (2)RESOWTION NO. 01-41 JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES f 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. 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 APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAR REVENUES RESULTING FROM ANNEXATION TO COUNTY SANITATION DISTRICT NO. 26. "ANNEXATION NO. 31810 9.1 of the Revenue and Taxation e, prior to the effectivedate WHEREAS, urisdietional change which will result in a special district providing onew 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 ofthe agencies signatory hereto have made determinations ofthe amounttoCoun ofproaniperty tax revenues from the annual tax increments to be exchanged as a result ofthe annexation ty Station District No. 26 entitled Annexation No. 318,- NOW, 18; NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: 1 • The negotiated exchange ofproperty tax revenues resulting from the annexation ofterritory to County Sanitation District No. 26 in the annexation entitledAnnexation No. 318 is approved and accepted. �., 2• For each fiscal year commencing on and after July 1, 2001, or after the effective date of this t jurisdictional change, whichever is later, the County Auditor shall transfer to County Sanitation District No. 26 a total of 1.1836 percent of the annual tax increment attributable to the land area encompassed within Annexation No. 318. Said percentage has been determined on the basis of the following contributions. GA ENCY ERp CENT Los Angeles County General Fund 0.53650.0442 Los Angeles County Library Los Angeles County Flood Control 0.0212 Los Angeles County Consolidated Fire Protection District 0.3042 Los Angeles County Fire - FFW 0 0254 0.1263 City of Santa Clarita 0.1251 Castaic Lake Water Agency Greater Los Angeles County Vector Control District 0.1251 0007 1.1836 TOTAL 3. No additional transferofpropertytaxrevenuesshallbemadefromanyothertaxingagencies to County Sanitation District No. 26 as a result of annexation entitled Annexation No. 318. increments from properties within a community redevelopment q. No transfer of property tax unityRedevelopmentAgencyshall bemade during the project which are legally committed to a Comm 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 calculation t<�ansfu hall be incorrect thus producing an improper or inaccurate property tax transfer, the proper 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 ofDirectors of Sanitation ofLos Angeles County, and the governing bodies of City of Santa Clarita, Castaic Lake Water Agency, and Greater Los Angeles County Vector Control District, signatory hereto. CITY OF SANTA CLARITA 0n roll call vote: Ayes: Councilmetnbers: Darcy, Keliar, Ferry, Smyth, W e Noes: Councilmembers: None SIGNATURE Absent: Couneilmembers: Ndne iaurene Weste, Mayor PRIM NAME AND TITLE ATTEST: un . April 10, 2001 Date City Clerk (SIGNED IN COUNTERPART) :D1 6 I K PROr% POSED a Cn n r M u Z N p jW. ;yy M QQ 'Z p lip E x N d8 Z a Z $ a u i e0