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HomeMy WebLinkAbout2004-08-24 - RESOLUTIONS - SANDIST 26 ANNEX 342 (3)RESOLUTION NO. 04-103 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 Consolidated Fire Protection District Los Angeles County Flood Control THE BOARD OF DIRECTORS OF COUNTY SANITATION DISTRICT NO. 26 OF LOS ANGELES COUNTY, AND THE GOVERNING BODIES OF Greater Los Angeles County Vector Control District City of Santa Clarita Castaic Lake Water Agency APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES RESULTING FROM ANNEXATION TO COUNTY SANITATION DISTRICT NO. 26. "ANNEXATION NO. 342" WHEREAS, pursuant to Section 99 and 99.01 of the Revenue and Taxation Code, prior to the effective date of anyjurisdictional change which will result in a special district providing anew sentice, the governing bodies of all local agencies that receive an apportionment of the property tax from the area must determine the amount of property 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 of the 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 Annexation No. 342; NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: I . The negotiated exchange of property tax revenues resulting from the annexation of territory to County Sanitation DistrictNo. 26 in the annexation entitledAnnexation No. 342 is approved and accepted. "— 2. For each fiscal yearcommencing 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 1.1704607 percent of the annual tax increment attributable to the land area encompassed within Annexation No. 342 as shown on the attached Worksheet. 3. No additional transfer of property tax revenues shall be made from any othertaxing agencies to County Sanitation District No. 26 as a result of annexation entitled Annexation No. 342. 4. No transfer of property tax increments from properties within a community redevelopment projectwhich are legally committed to a Community Redevelopment Agency shall be made during the 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 or the 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 of the County of Los Angeles, the Board of Directors of County Sanitation District No. 26 of Los Angeles County, and the governing bodies of Greater Los Angeles County Vector Control District, City of Santa Clarita, and Castaic Lake Water Agency, signatory hereto. On roll call vote: AYES: McLean, Weste, Ferry, Smyth, Kellar NOES: None ABSENT: None ATTEST: City Clerk CITY OF SANTA CLARITA SI 1ATURE V Merl' a v-,► ✓ 1' lac or PRINT NAME AND TITL I fi iC)�( Date (SIGNED IN COUNTERPART) STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CTTY OF SANTA CLARTTA ) CERTIFICATION OF CITY COUNCIL RESOLUTION I, Sharon L. Dawson, City Clerk of the City of Santa Clarita, do hereby certify that this is a true and correct copy of the original Resolution No. 04-103, adopted by the City Council of the City of Santa Clarita, California on August 24, 2004, which is now on file in my office. Witness my hand and seal of the City of Santa Clarita, California, this _ day of 20_. Sharon L. 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