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HomeMy WebLinkAboutRES 98-34RESOLUTION NO. 98-34 JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES ACTING IN BEHALF OF Los Angeles County General Fund Los Angeles County Library Los Angeles County Flood Control Los Angeles County Consolidated Fire Protection District Los Angeles County Fire - FFW THE BOARD OF DIRECTORS OF COUNTY SANITATION DISTRICT NO. 21 OF LOS ANGELES COUNTY, AND THE GOVERNING BODIES OF City or Diamond Bar Greater Los Angeles County Vector Control District Three Valleys Municipal Water District Walnut Valley Water District (WVWD) WVWD-Improvement District #3 WVWD-Improvement District #4 APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES RESULTING FROM ANNEXATION TO COUNTY SANITATION DISTRICT NO. 21. "ANNEXATION NO. 656" WHEREAS, pursuant to Section 99 and 99.1 of the Revenue and Taxation Code, prior to the effective date of any jurisdictional 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 from 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 County Sanitation District No. 21 entitled Annexation No. 656; NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS: 1. The negotiated exchange of property tax revenues resulting from the annexation of territory to County Sanitation District No. 21 in the annexation entitled Annexation No. 656 is approved and accepted. 2. For each fiscal year commencing on and after July 1, 1999, or after the effective date of this jurisdictional change, whichever is later, the County Auditor shall transfer to County Sanitation District No. 21 a total of 0.3876 percent of the annual tax increment attributable to the land area encompassed within Annexation No. 656. 98-34 Said percentage has been determined on the basis of the following contributions. AGENCY PERCENT Los Angeles County General Fund 0.1798 Los Angeles County Library 0.0149 Los Angeles County Flood Control 0.0071 Los Angeles County Consolidated Fire Protection 0.1277 Los Angeles County Fire - FFW 0.0090 City of Diamond Bar 0.0403 Greater Los Angeles County Vector Control District 0.0002 Three Valleys Municipal Water District 0.0021 Walnut Valley Water District (WVWD) 0.0004 WV WD -Improvement District #3 0.0049 WVWD-Improvement District #4 0.0012 TOTAL 0.3876 3. No additional transfer of property tax revenues shall be made from any other taxing agencies to County Sanitation District No. 21 as a result of annexation entitled Annexation PIa. 656. 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 improper or inaccurate property tax transfer, the property tax transfer shal I be recalculated and the 1-rrected transfer shall be implemented for the next fiscal year, and any amounts of property tax received in excess of that which ;s 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 County Sanitation District No. 21 of Los Angeles County, and the governing bodies of City of Diamond Bar, Greater Los Angeles County Vector Control District, Three Valleys Municipal Water District, Walnut Valley Water District, Walnut Valley Water District Improvement District No. 3, and Walnut Valley Water District Improvement District No. 4, signatory hereto. CITY &Ocd OF DIIAMOND BAR 4vw- SIGNATURE CAROL HERRERA Mayor PRINT NAME AND TITLE ATTEST- _y y Secretafy Date (SIGNED IN COUNTERPART) 98-34 I, LYNDA BURGESS, City Clerk of the City of Diamond Bar, California do hereby certify that the foregoing Resolution was duly and regularly passed and adopted by the City Council of the City of Diamond Bar, California, at its regular meeting held on the 2nd ' day of May 1998, by the following vote: AYES: COUNCIL MEMBERS: Ansari, Huff, O'Connor, MPT/Chang, M/Herrera NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAINED: COUNCIL MEMBERS: None City Clerk, City of Diamond Bar 98-34 z z c Q� a i z o U Nl N ^ n Y•�^11 N O P = r 151: W_ La a a W • Z i t ¢ F ~ W N � ��QZ O m O W V N W C h O ` V j Q zcg2 X t = Y K 0 vi/+ y G W Z a a O H Z~ u Z a Nl 98-34 n n s O m h O ` V j Q K 0 c O _ Z _ a c u t � n L � n N O O O N x C O t 0O C L M �o o c y c < d o CO a y d 98-34