HomeMy WebLinkAbout2011-06-14 - RESOLUTIONS - SANDIST ANNEX 1054 (3)Resolution No. 11-58
JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES
ACTING IN BEHALF OF
Los Angeles Count}/ General
Los Angeles County Library
Los Angeles County Consolidated Fire Protection District
Los Angeles County Flood Control
THE BOARD OF DIRECTORS OF SANTA CLARITA VALLEY SANITATION DISTRICT OF LOS
ANGELES COUNTY, AND THE GOVERNING BODIES OF
Greater Los Angeles C01,11101 Vector Control District
City of Santa Clarita
Santa Clarita Street Lighting Maintenance District No. 2
Castaic Lake Water Agency
APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES
RESULTING FROM ANNEXATION TO SANTA CLARITA VALLEY SANITATION DISTRICT.
"ANNEXATION NO. 1054"
WHEREAS, pursuant to Section 99 and 99.01 of the Revenue and Taxation Code, prior to the
effective date=of-any jurisdictional change which w.i.l.l-.result,iiia=special.distrr,ct.pi-ov,iding..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 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 Santa Clarita Valley Sanitation District entitled Annexation No. 1054;
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 Annnexation No. 1054 is approved and
accepted.
2. For each fiscal year commencing on and after July 1, 2011, 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 1.0008325 percent of the annual tax increment attributable to the land area
encompassed within Annexation No. 1054 as shown on the attached Worksheet.
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. 1054.
4. No transfer of property tax increments from properties within a community redevelopment
project, which 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 Santa Clarita Valley Sanitation District of Los Angeles County, and the
C, bodies of Greater- Los Angeles County Vector Control District, City of Santa Clarita, Santa
Clarita Street Lighting Maintenance District No. 2, and Castaic Lake Water Agency, signatory hereto.
on roll call vote: CITY OF SANTA CLARITA
Ayes: Kellar, Ender, Ferry, Weste, McLean
Noes: None
Absent: None
Motion carried. SIGNATURE
Marsha McLean, Mayor
PRINT NAME AND TITLE
Date
1
(SIGNED IN COUNTERPART)
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