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HomeMy WebLinkAbout2014-01-28 - RESOLUTIONS - ANNEX 2013-03 NORTH SAUGUS (2)' Resolution 14-01 JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES AND THE CITY COUNCIL OF THE CITY OF SANTA CLARITA, APPROVING AND ACCEPTING THE NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUE RESULTING FROM THE ANNEXATION OF TERRITORY KNOWN AS ANNEXATION 2013-03 (NORTH SAUGUS) TO THE CITY OF SANTA CLARITA, DETACHMENT FROM COUNTY ROAD DISTRICT NO. 5, AND WITHDRAWAL FROM THE COUNTY PUBLIC LIBRARY SYSTEM WHEREAS, the City of Santa Clarita initiated proceedings with the Local Agency Formation Commission for Los Angeles County (LAFCO) for the annexation of territory identified as Annexation 2013-03 to the City of Santa Clarita, and WHEREAS, pursuant to Section 99 of the California Revenue and Taxation Code, for specified jurisdictional changes, the governing bodies of affected agencies shall negotiate and determine the amount of property tax revenue to be exchanged between the affected agencies; and WHEREAS, the area proposed for annexation is identified as Annexation 2013-03 and consists of approximately 203 acres of unincorporated territory known as "North Saugus" generally located north of the City of Santa Clarita limits, south of the Angeles National Forest, east of San Francisquito Canyon Road, and west of Bouquet Canyon Road, and t WHEREAS, effective July 1, 2011, the City of Santa Clarita has withdrawn from the County Public Library system, and therefore, all unincorporated territory annexed to the City of Santa Clarita after that date will also be withdrawn from the County Public Library system, and WHEREAS, the Board of Supervisors of the County of Los Angeles, as governing body of the County and the County of Los Angeles Road District No. 5 and the County Public Library, and the City Council of the City of Santa Clarita, have determined the amount of property tax revenue to be exchanged between their respective agencies as a result of the annexation of the unincorporated territory identified as Annexation 2013-03, detachment from County Road District No. 5 and withdrawal from the County Public Library system, is as set forth below: NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: 1. The negotiated exchange of property tax revenue between the County of Los Angeles and the City of Santa Clarita, resulting from Annexation 2013-03 is approved and accepted. 2. For the fiscal years commencing in the year after the filing of the statement of boundary change for Annexation 2013-03 with the Board of Equalization pursuant to Government Code sections 54902 and 57204, property tax revenue received by County Road District No. 5, attributable to Annexation 2013-03, shall be transferred to the County of Los Angeles, and the County Road District No. 5 share in the annexation area shall be reduced to zero. ' 3. In the fiscal year commencing in the year after the filing of the statement of boundary change for Annexation 2013-03 with the Board of Equalization pursuant to Government Code sections 54902 and 57204, a base of One Thousand, One Hundred, and Sixty Five Dollars ($1,165) in property tax revenue attributable to the County Public Library City of Santa Clarita Annexation 2013-03 (North Saugus) Page 2 of 4 within the territory of Annexation 2013-03, shall be transferred to the City -Santa Clarita Library Fund, and the following ratios of annual property tax increment attributable to each respective Tax Rate Area in the Annexation 2013-03 territory shall be transferred from the County Public Library to the City -Santa Clarita Library Fund as shown below, and the County Public Library's share in the annexation area shall be reduced to zero: Tax Rate Area Annual Tax Increment Ratio Transfer to the City -Public Library 08700 0.028582491 08720 0.032029254 08723 0.031178908 08761 0.022692331 4. In the fiscal year commencing in the year after the filing of the statement of boundary change for Annexation 2013-03 with the Board of Equalization pursuant to Government Code sections 54902 and 57204, a base of Two Thousand, Seven Hundred, and Thirty Six Dollars ($2,736) in property tax revenue attributable to Annexation 2013-03 shall be transferred from the County of Los Angeles to the City of Santa Clarita, and the following ratios of annual property tax increment attributable to each respective Tax Rate Area in the Annexation 2013-03 territory shall be transferred from the County of Los Angeles to the City of Santa Clarita as shown below, and the County's share shall be reduced accordingly: Tax Rate Area Annual Tax Increment Ratio Transfer to the City 08700 0.053306187 08720 0.050844216 08723 0.075348583 08761 0.067620002 City of Santa Clarita Annexation 2013-03 (North Saugus) Page 3 of 4 PASSED, APPROVED AND ADOPTED this ?Rth day of Taniiar;z 20j-4-- by 01,(_by the following vote: AYES: Kellar, McLean, Boydston, Weste NOES: None ATTEST: Clerk City of Santa Clarita ABSENT: Ferry ABSTAIN: None Mayor City of Santa Clarita, California (Signed in Counterpart) City of Santa Clarita Annexation 2013-03 (North Saugus) ' Page 4 of 4 The foregoing resolution was on the day of , 20 adopted by the Board of Supervisors of the County of Los Angeles and ex officio the governing body of all other special assessment and taxing districts, agencies and authorities for which said Board so acts. APPROVED AS TO FORM: JOHN F. KRATTLI County Counsel Ag Deputy SACHI A. HAMAI, Executive Officer Clerk of the Board of Supervisors of the County of Los Angeles (Signed in Counterpart) Deputy 9m