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HomeMy WebLinkAbout2002-08-27 - AGENDA REPORTS - SANDIST ANNEX 330 (2)CITY OF SANTA CLARITA AGENDA REPORT City Manager Approve 4 Item to be presented by: Vince Berton CONSENT CALENDAR DATE: August 27, 2002 SUBJECT: TAX SHARING RESOLUTION FOR SANITATION DISTRICT ANNEXATION NO. 330 — LOCATED ON SIERRA HIGHWAY AND GOLDEN VALLEY ROAD DEPARTMENT: Planning and Building Services RECOMMENDED ACTION Adopt a resolution approving and accepting the negotiated exchange of property tax revenues resulting from Sanitation District Annexation No. 330. 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. Local agencies receiving a portion of property tax from the annexing area must determine the amount of tax revenues to be exchanged between the affected agencies. For annexation No. 330, 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 an approved residential and commercial development located south of Sierra Highway at the current terminus of Golden Valley Road (APN: 2842-002-039, 2842-002-040, 2842-002-041). The project, Canyon Gate, was approved by the City of Santa Clarita Planning Commission in October 2000 and the City of Santa Clarita City Council in November 2000. The approved project includes 148 single-family homes to be constructed by DR Horton and a 10,000 square foot commercial center. Agenda Item:, Adopted: Imo. 0Lis ALTERNATIVE ACTIONS Other actions as determined by Council. FISCAL IMPACT As proposed, the annexation to Sanitation Districts No. 26 should result in no adverse fiscal impact to the City. ATTACHMENTS Resolution Sanitation District letter dated July 1, 2002 JJL:MAMdey S:\PBS\C0UNCIL\TS26-330.dc