HomeMy WebLinkAbout2011-06-14 - RESOLUTIONS - TAX REVENUES (2)RESOLUTION 11-52
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SANTA CLARITA, CALIFORNIA, ELECTING TO RECEIVE ALL
OR A PORTION OF THE TAX REVENUES PURSUANT TO HEALTH
AND SAFETY CODE SECTIONS 33676 AND 33607.5
WHEREAS, the City Council of the City of Santa Clarita ("City Council") adopted
Ordinance No. 97-12 on July 8, 1997, adopting the Redevelopment Plan ("Redevelopment Plan")
for the Newhall Redevelopment Project ("Project"), in order to address conditions of blight
existing within the Newhall Redevelopment Project Area ("Project Area"); and
WHEREAS, Section 33676 of the Health and Safety Code provides that prior to the
adoption of a redevelopment plan, an affected taxing agency may elect to receive, in addition to
the portion of taxes allocated to the affected taxing agency pursuant to Health and Safety Code
Section 33670(a), all or any portion of the tax revenues allocated to the Redevelopment Agency
of the City of Santa Clarita ("Agency"), pursuant to Health and Safety Code Section 33670(b),
which are attributable to the tax -increases imposed for the benefit of the taxing agency after the
year in which the ordinance adopting the Redevelopment Plan becomes effective ("Increases");
and
WHEREAS, for redevelopment plans adopted on or after January 1, 1994,
ection 33607.5 of the Health and Safety Code provides that in any fiscal year in which a
redevelopment agency receives tax increments, the community that has adopted the
rsedevelopment project area may elect to receive, and the Agency shall pay into it, an.amount
equal to twenty-five percent (25%) of its proportional share of the tax increments received by the
Agency, after th . e . amount required to deposit in the Low and Moderate Income Housing Fund has
been deducted ("City Election").
NOW, THEREFORE, the City Council of the City of Santa Clarita does hereby resolve as
follows:
SECTION 1. The foregoing recitals are true and correct, and the City Council hereby so
finds and determines.
SECTION 2. The City Council hereby elects to receive all Increases as herein defined.
SECTION 3. The City Council hereby elects to receive the City Election as herein
defined.
SECTION 4. The City Clerk is hereby directed and authorized to transmit a copy of this
Resolution to the Executive Director of the Agency and tax collector of the County of Los
Angeles.
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PASSED, APPROVED AND ADOPTED this 14th day of June, 2011.
N�AYOR
ATTEST:
ACTINGOT)f CLERK
DATE:
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF SAN-TA;CLAR-1TA
1, Kevin Tonoian, Acting City Clerk of the City of Santa Clarita, do hereby certify that the
foregoing Resolution was duly adopted by the City Council of the City of Santa Clarita at a
regular meeting thereof, held on the 14th day of June, 2011, by the following vote:
AYES:
NOES
ABSENT
COUNCILMEMBERS: Kellar, Ender, Ferry, Weste, McLean
COUNCILMEMBERS: None
COUNCILMEMBERS: None
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STATE OF CALIFORNIA
COUNTY OF LOS ANGELES ss.
CITY OF SANTA CLARITA
CERTIFICATION OF
CITY COUNCIL RESOLUTION
1, � City Clerk of the City of Santa Clarita, do hereby
certify that this is a true and correct copy of the original Resolution 11-52 adopted by the City
Council of the City of Santa Clarita, California on June 14, 2011, which is now on file in my
office.
Witness my hand and sea] of the City of Santa Clarita, California, this _ day of
2011.
ICity Clerk
By
Deputy City Clerk
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