HomeMy WebLinkAbout2004-08-24 - AGENDA REPORTS - TAX SHARING SANDIST ANNEX 342 (2)CONSENT CALENDAR
DATE:
SUBJECT:
DEPARTMENT:
Agenda Item: _ to
CITY OF SANTA CLARITA
AGENDA REPORT
City Manager Approval:
Item to be presented by:
August 24, 2004
TAX SHARING RESOLUTION FOR SANITATION DISTRICT
ANNEXATION NO. 342
Field Services
RECOMMENDED ACTION
City Council adopt resolution approving and accepting the negotiated exchange of property tax
revenues resulting from Sanitation District Annexation No. 342.
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 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 District is adopted by the public agency
responsible for providing services to the subject property.
Local agencies receiving an apportionment of property tax from the annexing area must
determine the amount of tax revenues to be exchanged between the affected agencies. For
Annexation No. 342, a total of 1. 1704607 percent of the annual tax increment attributable to the
land area involved in the annexation will be transferred to Sanitation District No. 26.
This annexation consists of 43 detached condominiums located near the intersection of Rainbow
Glen Drive and Avenue of the Oaks in the City of Santa Clarita.
ALTERNATIVE ACTIONS
Other action as determined by the City Council.
AdDptedoeEso. U4- I o i!)
FISCAL IMPAC
As proposed, the annexation to Sanitation District No. 26 should result in no adverse fiscal
impact to the City.
ATTACHMENTS
Tax Sharing Resolution for Annexation No. 342
Proposed Map for Annexation No. 342