HomeMy WebLinkAbout2012-06-12 - RESOLUTIONS - SANDIST ANNEX 1063 (2)Resolution No. 12-44
JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGISLES
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 Anpies County Vector Control District
City of Santa Clarita
Santa Clarita Street Li.ghting Maintenance District No. 2
Castaic Lake Watei Agency
APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES
RESULTING FROM ANNEXATION TO SANTA CLARITA VALLEY SANITATION DISTRICT.
"ANNEXATION NO. 1063"
WHEREAS, pursuant to Section 99 and 99.01 of the Revenue and Taxation Code, prior to the
effective date of any jurisdictional change which will reSLI]t in a special district providinc, a new service,
the governing bodies of all local agencies that receive an apportionment of the propert), tax from the area
must determine the amount of property tax iever]LICS front the annual tax increment to be exchan.-ed
between the affected a.aencies and approve and accept the negotiated exchange of property tax revenues
by resoh1ti0n; and
WHERE AS, the govei ning 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 C I mita Valley Sanitation District entitled A nnexationAlo. 1063,
NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS:
1. The negotiated exchange of property tax revenues resulting frorn the annexation of territory
to Santa Clarita Valle), Sanitation District in the annexation entitled A77nexalion No. 1063 is approved and
accepted.
2. For each fiscal year commencing on and after July 1, 2012, or after the effective date of this
jmisdictional change, whichevei is later, the County Auditoi shall transfer to Santa Clarita Valley
Sanitation District a total of 1.3703634 percent of the anflUal tax increment atbibUtable to the land area
encompassed withinAnnexcaion No. 1063 as shown on the attached Worksheet.
I
3. No additional transfer of property tax revenues shall be made from any othei taxing agencies
to Santa Clarita Valley Sanitation District as a result of annexation entitled Annexation Alo. 1063.
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 irulnoper or inaccurate property tax transfer, the property tax transfei 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 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, Waste, Kellar, Boydston,
Ferry
Noes: None
Absent: None
Motion carried.
ATTEST:
Secretary
SANTA CLARITA STREET LIGHTING
Frank Eerry, Mmior
PRINT NAME AND TITLE
(SIGNED IN COUNTERPART)
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