HomeMy WebLinkAbout2012-03-27 - RESOLUTIONS - SANDIST ANNEX 1026 (2)Resolution No. 12-7
JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES
ACTING IN BE14ALF OF
I I- Los Angeles County General Fund
Los Angeles County Library
Los Angeles Count), Consolidated Fire Protection District
Los Angeles County Flood Control
THE BOARD OF DIRECTORS OF SANTA CLARITA VALLEY SANITATION DISTRICT OF LOS
AN.GELES COUNTY, AND THE GOVERNING BODIES OF
Greater Los Angeles County Vector Control District
Antelope Valle), 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. 1026"
WHEREAS, pursuant to Section 99 and 99.01 of tile Revenue and Taxation Code, prior to tile
effective date of any jurisdictional change which Will result in a special district providing a new service,
the governin- 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 tile 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 arnount 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. 1026;
NOW, THEREFORE, BE IT RE, SOLVED AS FOLLOWS:
1. The negotiated exchange of property tax revenues resulting from the annexation of territory
0
to Santa Clarita Valley Sanitation District in the annexation entitled Annexation No. 1026 is approved and
accepted.
2. For each fiscal year commencing on and after July 1, 2012, or after tile effective date of this
jurisdictional change, whichever is later, the County Auditor shall transfer to Santa Clarita Valley
Sanitation District a total of 0,9753 168 percent of the annual tax increment attributable to the land area
encompassed within Annexation No. 1026 as shown on the attached Worksheet.
3. No additional transfer of property tax revenues shall be made fi-om any other taxing agencies
to Santa Clarita Valley Sanitation District as a result of annexation entitled Annexation No. 1026.
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 tile
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 implernented 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 tile
governing bodies of Greater Los Angeles County Vector Control District, Antelope Valley Resource
Conservation District, City of Santa Clarita, and Castaic Lake Water Agency, signatory hereto.
On roll call iTote:
Ayes: McLean, Weste, Kellar, Ender'
Noes: None
Absent: Ferry
Motion carried.
ATTEST:
Secretary
CITY OF SANTA CLARITA
SIGNATURE
LAV4,1e,
PRINT NAME AND TITLE
Date
(SIGNED IN COUNTERPART)
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