Loading...
HomeMy WebLinkAbout2003-04-22 - AGENDA REPORTS - TAX SHARING SANDIST ANNEX 334 (2)0 Agenda Item: / CITY OF SANTA CLARITA AGENDA REPORT CONSENT CALENDAR City Manager ApprovaY; Item to be presented by: Travis Lange DATE: April 22, 2003 SUBJECT: TAX SHARING RESOLUTION FOR SANITATION DISTRICT ANNEXATION NO. 334 DEPARTMENT: Planning and Building Services RECOMMENDED ACTION City Council adopt resolutions approving and accepting the negotiated exchange of property tax revenues from Sanitation District Annexation No. 334. 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 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. 334, 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 to the Los Angeles County Sanitation District is for the newly created assessment area for the single-family residence located at 27921 Sand Canyon Road (APN: 2840-011-014). ALTERNATIVE ACTIONS Other actions as determined by Council. FISCAL IMPACT As proposed, the annexation to Sanitation District No. 26 should result in no adverse fiscal impact to the City. ATTACHMENTS Resolution Sanitation District letter dated April 2, 2003