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HomeMy WebLinkAbout2006-12-12 - AGENDA REPORTS - NEWHALL WATER DIST ANNEX (2)CONSENT CALENDAR DATE: SUBJECT: DEPARTMENT: Agenda Item: CITY OF SANTA CLARITA AGENDA REPORT City Manager Approval: Item to be presented by: December 12, 2006 JOINT RESOLUTION OF THE CITY OF SANTA CLARITA, THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES, THE BOARD OF DIRECTORS OF THE NEWHALL COUNTY WATER DISTRICT, THE GREATER LOS ANGELES COUNTY VECTOR CONTROL DISTRICT, AND THE CASTAIC LAKE WATER AGENCY, APPROVING AND ACCEPTING THE NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUE RESULTING FROM "NEWHALL COUNTY WATER DISTRICT ANNEXATION NO. 2005-30: TO THE NEWHALL COUNTY WATER DISTRICT Community Development RECOMMENDED ACTION City Council adopt a Joint Resolution approving and accepting the Negotiated Exchange of Property Tax Revenue resulting from "Newhall County Water District Annexation No. 2005-30" to the Newhall County Water District related to the Gate King Industrial Park project. BACKGROUND On June 24, 2003, the City Council approved the 4.2 million square foot Gate King Industrial Park that included numerous community benefits for the City of Santa Clarita. The City Council re -certified the Environmental Impact Report for the project on July 11, 2006. The Gate King Industrial Park is located at the southwest area of San Fernando Road and Siena Highway (see attached vicinity map). As part of the development process and requirements for annexation into the Newhall County Water District, the Industrial Park is required to receive an approved joint tax transfer resolution from the City of Santa Clarita and other applicable agencies. Approved tax transfer resolutions Adopied: esfl —p I from the City Council are not usually required, however, in this case it is required, as a result of a portion of the Industrial Park being located within the Newhall Redevelopment Area (approximately 20 acres). On October 31, 2006, the Los Angeles County Administrative Office requested that the City of Santa Clarita staff process and receive City Council approval of the joint tax transfer for the Newhall County Water District Annexation No. 2005-30 related to the Gate King Industrial Park. ANALYSIS The Joint Tax Transfer Resolution is negotiated appropriately and will be distributed proportionately across all of the non -school taxing entities in accordance with Redevelopment law. The portion of the Industrial Park that is located within the Newhall Redevelopment Area will not be reassigned to the Newhall County Water District until the Newhall Redevelopment Area terminates. ALTERNATIVE ACTIONS City Council may direct staff to terminate annexation proceedings. FISCAL IMPACT None ATTACHMENTS Resolution Vicinity Map