Loading...
HomeMy WebLinkAbout2003-06-24 - RESOLUTIONS - SANDIST ANNEX 338 (2)RESOLUTION NO. 03-89 JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES 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 TAX REVENUES RESULTING FROM ANNEXATION TO COUNTY SANITATION DISTRICT NO. 26. "ANNEXATION NO. 338" WHEREAS, pursuant to Section 99 and 99.01 of the Revenue and Taxation Code, prior to the effective date of any jurisdictional change which will result in a special districtproviding a new service, the governing bodies of all local agencies that receive an apportionment of the property tax from the area must determine the amount ofproperty 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 of the agencies signatory hereto have made determinations ofthe amount of property tax revenues from the annual tax increments to be exchanged as a result of the annexation to County Sanitation District No. 26 entitled Annacation No. 338,- NOW, 38; 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 entitledAnneration No. 338 is approved and accepted. 2. For each fiscal year commencing on and after July 1,2005, or after the effective date of this 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. 338. Said percentage has been determined on the basis of the following contributions. AGENCY 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 City of Santa Clarita Castaic Lake Water Agency Greater Los Angeles County Vector Control District TOTAL PERCENT 0.5365 0.0442 0.0212 0.3042 0.0254 0.1263 0.1251 0.0007 1.1836 3 No additional transfer ofproperty tax revenues shall be made from any other taxing agencies to County Sanitation District No. 26 as a result of annexation entitled Annexation No. 338. 4. No transfer ofproperty tax increments fromproperties within a community redevelopment projectwhich are legally committed to a Community Redevelopment Agency shallbe made duringthe period 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 orthe data used to perform those calculations are found to be incorrect thus producing an improper or inaccurate property tax transfer, the property tax transfer shall be 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 ofthe County ofLos Angeles, the Board of Directors of County Sanitation District No. 26 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. On roll call vote: AYES: Ferry, McLean, Kellar, Weste, Smyth NOES: None ABSENT: None ATTEST: n C v� c � iL CITY OF SANTA CLARITA SIGNATURE Lkhfo l,)n . y;' 114 1 I �Ucl%' PRINT NAME AND TITLE Date (SIGNED IN COUNTERPART) co m m cc 0 C5 t z x w z oz U zi v LLJ 0 0 z DO u < a 4P 0 z Z 0 Z X W Z Z uz 14- C Z ;z �y 01 0; z m Ir w N 3 A 00 N 0 A,q,qLm 14, C* c 16 61 < a EO 0 x V C 0 L 179 cc 8,8 8