Loading...
HomeMy WebLinkAbout2008-02-26 - RESOLUTIONS - SANDIST ANNEX 1035 TAX SHARE (2)RESOLUTION NO. 08-20 .JOINT RESOLUTION OF TIIE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES ACTING IN BEIlALF OF Los Angeles County General Fund Los Angeles County Library Los Angeles County Consolidated Fire Protection District Los Angeles County Flood Control TIIE BOARD OF DIRECTORS OF SANTA CLARITA VALLEY SANITATION DISTRICT OF LOS ANGELES COUNTY, AND TIIE GOVERNING BODIES OF Greater Los Angeles County Vector Control District Antelope Valley Resource Conservation District City of Santa Clarita Castaic Lake Water Agency APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES RESULTING FROM ANNEXATION TO SANTA CLARITA VALLEY SANITATION DISTRICT. "ANNEXATION NO. 1035" 1AIHEREAS, pursuant to Section 99 and 99.01 of the Revenue and Taxation Code, prior to the effective date of any jurisdictional change which will result in a special district providing a new service, 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, t6' 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 Santa Clarita Valley Sanitation District entitled Ann.exati.on. No. 1035; NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: 1. The negotiated exchange of property tax revenues resulting from, the annexation of territory to Santa Clarita Valley Sanitation District in the annexation entitled Annexation No. 1035 is approved and accepted. 2. For each fiscal year commencing on and after July 1, 2009, or after the effective date of this jurisdictional change, whichever is later, the County Auditor- shall transfer to Santa Clarita Valley Sanitation District a total of 0.9754209 percent of the annual tax increment attributable to the land area encompassed within Annexation No. 1035 as shown on the attached Vdorksheet. 1 3. No additional transfer of property tax revenues shall be made from any other taxing agencies to Santa Clarita Valley Sanitation District as a result of annexation entitled Annexation No. 1035. 4. No transfer of property tax increments from properties within a community redevelopment project which are legal]), 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 Santa Clarita Valley Sanitation District of Los Angeles County, and the governing bodies of Greater Los Angeles County Vector Conti-ol District, Antelope Valley Resource Conservation District, City of Santa Clarita, and Castaic Lake Water Agency, signatory hereto. On roll call vote: AYES: Weste, Ferry, McLean, Boydston, Kellar NOES: None ABSENT: None ATTEST: CITY OF SANTA CLARITA �-e *NA Robert Kellar, Mayor PRINT NAME AND TITLE City'. C1erl: Date (SIGNED IN COUNTERPART) 1 J 1 STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) ss. CITY OF SANTA CLARITA ) 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. 08-20, adopted by the City Council of the City of Santa Clarita, California on February 26, 2008, 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 Caputo Deputy City Clerk i 1