HomeMy WebLinkAbout2002-05-14 - RESOLUTIONS - TAX REVENUE ANNEX 2001 1 (2)RESOLUTION NO. 02-77
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
THE NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUE RESULTING FROM
"ANNEXATION NO. 2001-1 (96-01)" TO THE CITY OF SANTA CLARITA AND
DETACHMENT FROM THE LOS ANGELES COUNTY ROAD DISTRICT NO.5
WHEREAS, pursuant to Section 99 of the Revenue and Taxation Code, for
specified jurisdictional changes, the governing bodies of an affected County and City
shall negotiate and determine the amount of property tax revenue to be exchanged
between the affected agencies; and
WHEREAS, the Board of Supervisors of the County of Los Angeles, as
governing body of the County and County Road District No. 5, and the City Council of
j� the City of Santa Clarita have determined that the amount of property tax revenue to be
1 exchanged between their respective agencies as a result of the annexation of
unincorporated territory to the City of Santa Clarita identified as "Annexation No. 2001-1
(96-01)" and detachment from County Road District No. 5, is as set forth below:
NOW, THEREFORE, BE IT RESOLVED as follows:
1. The negotiated exchange of property tax revenue between the County of
Los Angeles and the City of Santa Clarita resulting from "Annexation 2001-1 (96-01)" is
approved and accepted.
2. For fiscal years commencing on or after July 1, 2003, or the July 1 after the
effective date of this jurisdictional change, whichever is later, One Hundred Thirty-nine
($139) shall be transferred from the County of Los Angeles to the City of Santa Clarita.
In addition, for each fiscal year commencing on or after July 1, 2003, or the July 1 after
the effective date of this jurisdictional change, whichever is later, .056340677 percent of
"n""xbtyh""a ole,il_Y1""x9t1o" 20M.1 (WOW) molw«on
the annual property tax increment attributable to TRA 09149, and .056340677 percent
attributable to TRA 00957, shall be transferred from the County of Los Angeles to the
City of Santa Clarita, and that the County's share in each of the TRAs shall be reduced
accordingly.
3. For fiscal years commencing on or after July 1, 2003, or the July 1 after the
effective date of this jurisdictional change, whichever is later, the annual property tax
increment received by County Road District No. 5 attributable to Annexation No. 2001-1
(96-01) shall be transferred to the County of Los Angeles.
4. In the event that all or a portion of the annexation area is included within a
redevelopment project pursuant to California Community Redevelopment Law, 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 faith complied with all applicable provisions of the California Community
Redevelopment Law, including but not limited to, Health & Safety Code Section 33670
or any other relevant provision of the law. Any ordinance approving a redevelopment
project 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.
ennex/dtY/sante Cleats—annex AM2001.1(9"1)MOIuWn 2
PASSED, APPROVED AND ADOPTED this 14th day of May '2002
by the following. vote:
AYES: Weste, Mclean,
Kellar, Smyth,
NOES: None
ATTEST:
ABSENT: None
Ferry
ABSTAIN: None
Mayor, City of Santa
a
_City�Cly =
T)* f6`i2g0qe resolution was on the day of . 2002, adopted by the
Board.Qf Supervisors of the County of Los Angeles and ex officio the governing body of
all other special assessment and taxing districts, agencies and authorities for which said
Board.so anis:
VIOLET VARONA-LUKENS, Executive Officer
Clerk of the Board of Supervisors
Of the County of Los Angeles
a
Deputy
APPROVED AS TO FORM
BY COUNTY COUNSEL
/,.!lr�J
/' "
.,
wm.wortrre daXa_amaxaMw 2001.1 (96-01) mdudon 3