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Resolution - 6545RESOLUTION NO. 6545 JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES AND THE CITY COUNCIL OF THE CITY OF WEST COVINA APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES RESULTING FROM THE WITHDRAWAL OF INCORPORATED TERRITORY FROM GARO LIGHTING DISTRICT, COUNTY LIGHTING MAINTENANCE DISTRICT NO. 1744, AND CONSOLIDATED SEWER MAINTENANCE .DISTRICT WHEREAS, pursuant to Section 99 of the Revenue and Taxa- tion Code, prior to the effective date of any jurisdictional change the governing bodies of all agencies whose service areas or service responsibilities would be altered by such change must determine the amount of property tax revenues to be exchanged between the affected agencies and approve and accept the negotiated exchange of property tax revenues by resolution; but if the affected • agency is a special district, the Board of Supervisors must nego- .0 tiate on behalf of the district; and WHEREAS, the Board of Supervisors of the County of Los Angeles and the City Council of the City of West Covina have determined that the amount of property tax revenues to be exchanged between their respective agencies as a result of the withdrawal of territory identified as West Covina "Easterly Annexations 227. and 230" and "Southerly Annexations 231, 235 and 237" from Consolidated Sewer Maintenance District, withdrawal of territory identified as "Southerly Annexations 235 and 237" from Garo Light- ing District, and withdrawal of territory identified as "Southerly Annexation 237" from County Lighting Maintenance District 1744, N • is as set forth below. NOW, THEREFORE, BE IT RESOLVED as follows: 1. The negotiated exchange of property tax revenues between the County of Los Angeles and the City of West Covina resulting from the withdrawal of territory, identified herein, from the Consolidated Sewer Maintenance District, Garo Lighting. District, and:.County Lighting Maintenance District 1744 is approved and accepted. 2. For fiscal years commencing on and after July 1, 1983, or after the effective date of this jurisdictional change, which- ever is later, all property tax revenues received by Garo Lighting • District attributable to the West Covina "Southerly Annexation • 235" and "Southerly Annexation 237" areas shall be transferred to the County of Los Angeles. 3. For fiscal years commencing on and after July 1, 1983, or after the effective date of this jurisdictional change, which- ever is later, all property tax revenues received by County Lighting Maintenance District 1744 attributable to the West Covina "Southerly Annexation 237" area shall be transferred to the County of Los Angeles. 4. The Consolidated Sewer Maintenance District receives no property tax revenues. Therefore, there shall be no transfer of 50M • • of property tax revenues from Consolidated Sewer Maintenance District to either the City of West Covina or the County of Los Angeles, attributable to the West Covina "Easterly Annexations 227 and 230" and "Southerly Annexations 231, 235 and 237" areas. 5. No additional transfer of property tax revenues shall be made from a special district to the City of West Covina for the annexation areas identified herein. The foregoing resolution was adopted by the Board of Supervisors of the County of Los Angeles and the City Council of the City of West Covina. CITY OF WEST COVINA f Mayor /1. , I � rz, 'A �i,- .. e!day of II Ii r� .. JUN 151982 S. MIZE. V�Warfi °wca se, *) UNTY OF LOS ANGEL ES 11 ,. V 1, 0, L 1-� Chairman, Board of Supervisors -3- JAMES S. MIZE, Executive Officer - Clerk of the Board of Supervisors Deputy �y of Oa,, . 1982 0