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HomeMy WebLinkAbout2006-12-12 - AGENDA REPORTS - SANDIST ANNEX 280 1009 (3)CONSENT CALENDAR 110YA1 A SUBJECT: DEPARTMENT: Agenda Item: 3 CITY OF SANTA CLARITA AGENDA REPORT City Manager Approval: Item to be presented by: December 12, 2006 TAX SHARING RESOLUTION FOR SANITATION DISTRICT ANNEXATION NOS. 280 AND 1009 City Manager's Office City Council adopt resolution approving and accepting the negotiated exchange of property tax revenues resulting from Sanitation District Annexation Nos. 280 and 1009. BACKGROUND The Santa Clarita Valley Sanitation District (formerly known as County Sanitation District Nos. 26 and 32) provides wastewater treatment services within the District's service area. 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. Each percentage listed below is the annual tax increment attributable to the land area involved in the corresponding annexation and will be transferred to the Santa Clarita Valley Sanitation District: • 0.9970704 for Annexation No. 280 for Tax Rate Area 00218 • 0.9981683 for Annexation No. 280 for Tax Rate Area 00219 • 0.9709208 for Annexation No. 1009 For each of these totals the City is contributing the following percentage of its revenues from the 12eso. GYo - i 0q Adopted: --�so- o(o - / i v annual tax increment for each annexation area: • 0.001027682 for Annexation No. 280 for Tax Rate Area 00218 • 0.001027682 for Annexation No. 280 for Tax Rate Area 00219 • 0.001001609 for Annexation No. 1009 For Annexation No. 280 there is also a separate tax sharing resolution for a Street Light Maintenance District in these annexation areas. The following is the percentage of the annual tax increment attributable to the land area involved in the corresponding annexation and the percentage of revenues from the annual tax increment for each annexation area: • 0.9970704 and 0.000369622 for Annexation No. 280 for Tax Rate Area 00218 • 0.9981683 and 0.000370414 for Annexation No. 280 for Tax Rate Area 00219 These annexations consist of the following: • Annexation No. 280 - one existing single-family home and an existing college on Placeritos Boulevard. • Annexation No. 1009 - 87 proposed single-family homes, 11 acres of proposed commercial and one existing single-family home on Soledad Canyon Road between Sand Canyon Road and Oak Spring Canyon Road. ALTERNATIVE ACTIONS Other action as determined by the City Council. FISCAL IMPACT As proposed, the annexation to Santa Clarita Valley Sanitation District (Formerly known as County Sanitation District No. 26) should result in no adverse fiscal impact to the City. 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