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HomeMy WebLinkAbout2004-02-10 - RESOLUTIONS - WHITNEY CYN ANNEX TAX REVENUE (2)RESOLUTION NO. 04-17 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 THE ANNEXATION OF WHITNEY CANYON (ANNEXATION 2002-03) TO THE CITY OF SANTA CLARITA AND DETACHMENT FROM COUNTY ROAD DISTRICT NO. 5 WHEREAS, pursuant to Section 99 of the Revenue and Taxation Code, for specified jurisdictional changes, the governing bodies of affected agencies shall negotiate and determine the amount of property tax revenue to be exchanged between the affected agencies; and WHEREAS, the area proposed for annexation is identified as Whitney Canyon, "Annexation 2002-03" which consists of approximately 545 acres of designated open space. 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 the City of Santa Clarita have determined the amount of property tax revenue to be exchanged between their respective agencies as a result of the annexation of unincorporated territory identified as Whitney Canyon "Annexation 2002-03" to the City of Santa Clarita and detachment of said territory from Road District No. 5. 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 No. 2002-03" is approved and accepted. 2. For fiscal years commencing on or after July 1, 2005, or the July 1 after the effective date of this jurisdictional change, whichever is later, Two Thousand and Forty -Eight ($2,048) Dollars 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, 2005, or the July 1 after the effective date of this jurisdictional change, whichever is later, .05900000 of the annual property tax growth attributable to "Annexation No. 2002-03" shall be transferred from the County of Los Angeles to the City of Santa Clarita, and the County's share of incremental growth in the proposed annexation area shall be reduced accordingly. 3. For fiscal years commencing on or after July 1, 2005, or the July 1 after the effective date of this jurisdictional change, whichever is later, all property tax revenue received by County Road District No. 5 attributable to "Annexation No. 2002-03" shall be transferred to the County. 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. annexe itywanta danta_whitney canyon_annexation 20023 resdution City of Santa Clarita — Whitney Canyon Annexation 2002-3 Page 2 2004 PASSED, APPROVED AND ADOPTED this 10th day of February 2wa by the following vote: AYES: McLean, Smyth, Weste, Ferry, Kellar NOES: None ATTEST: City Clerk ABSENT: None ABSTAIN: None G� C ` ayor, City of Santa C ants The foregoing resolution was on the day of 2004, adopted by the Board of 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 acts. VIOLET VARONA-LUKENS, Executive Officer Clerk of the Board of Supervisors Of the County of Los Angeles 0 APPROVED AS TO FORM BY COUNTY COUNSEL LLOYD W.PELLMAN Deputy anne=ity�ansa clanta whitney canyon_annwation 2002-3_resoluticn Deputy —' STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF SANTA CLARTTA ) CERTIFICATION OF CITY COUNCIL JOINT 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 Joint Resolution No. 04-17, adopted by the City Council of the City of Santa Clarita, California on February 10, 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. Dawson, CMC City Clerk By Susan Coffman Deputy City Clerk