HomeMy WebLinkAbout2012-03-27 - RESOLUTIONS - SANDIST ANNEX 1061 (2)Resolution No. 12-6
JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES
ACTING IN BEHALF OF
I Los Angeles County General Fund
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 County 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. 1061"
WHEREAS, pursuant to Section 99 and 99.01 of the Revenue and Taxation Code, prior to the
effective date of anyjurisdictional 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 frorn 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. 1061;
NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS:
1. The negotiated exchange� of property tax revenues resulting frorn the annexation of territory
to Santa Clarita Valley Sanitation District in the annexation entitled Annexation No. 1061 is
approved and accepted.
2. For each fiscal year commencing oil and after July 1, 2011, or after the effective date of this
jurisdictional change, whichever is later, the Count), Auditor shall transfer to Santa Clarita
Valley Sanitation District a total of 1.367828 percent of the aiinual tax increment attributable
to the land area encompassed within A77nexation No. 1061 as shown on the attached
Worksheet.
3. No additional transfer of property tax revenues shall be made frorn any other taxing agencies
to Santa Clarita Valley Sanitation District as a result of annexation entitled Annexation
No. 1061.
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.
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.
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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 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:
Ayes: McLean, Weste, Kellar, Ender
Noes: None
Absent: Fbrry
Motion carried.
ATTEST:
Secretary
CITY OF SANTA CLARITA
SIGNATURE
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PRINT NAME AND TITLE I
Date
(SIGNED IN COUNTERPART)
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