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Resolution - 6600RESOLUTION NO. 6600 JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES, THE CITY COUNCIL OF THE CITY OF WEST COVINA, AND THE CITY COUNCIL OF THE CITY OF • BALDWIN PARK APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES RESULTING FROM THE TRANSFER OF TERRITORY IDENTIFIED AS "WESTERLY ANNEXATION NO. 238" TO THE CITY OF WEST COVINA FROM THE CITY OF BALDWIN PARK AND WITHDRAWAL OF SAID TERRITORY FROM CONSOLIDATED FIRE PRO- TECTION DISTRICT OF LOS ANGELES COUNTY, THE CITY OF BALDWIN PARK TAX DISTRICT, AND THE CITY OF BALDWIN PARK LIGHTING DISTRICT WHEREAS, pursuant to Section 99 of the Revenue and.Taxation 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 negotiate on behalf of the • district; and WHEREAS, the Board -of Supervisors of the County of Los Angeles, the City Council of the City of Baldwin Park, 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 transfer of territory identified.as "Westerly Annexa- tion 238" to the City of West Covina from the City of Baldwin Park and withdrawal of said territory from Consolidated Fire Protection District of Los Angeles County, the City of Baldwin Park Tax District and the City of Baldwin Park Lighting District 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 cities -of Baldwin Park • and West Covina resulting from the transfer of territory identified as "Westerly Annexation 238" to the City of West Covina from the City of Baldwin Park and the withdrawal of said territory from the Consolidated Fire Protection District of Los Angeles County, the • City of Baldwin Park Tax District and the City. of Baldwin Park Lighting District is approved and accepted. 2. For fiscal nears coniencing on and after July 1, 1983, or after the effective date of this jurisdictional change, whichever is later, no property tax revenues received.bv the City of Baldwin Park attributable to the West Covina "Westerly Annexation 238" area shall be transf-erred to the City of West Covina. For each fiscal year commencing on and after July 1,"1983, or after the effective date of this jurisdictional change, whichever is later, Twenty and Five -Tenths Percent (20.5%) of the incremental tax growth attributable to the West Covina "Westerly, Annexation 238" area Ghal • be transferred to the City of hest Covina. 3. . For fiscal -years commencing on a ,d after July 1, 1983, . or after the effective date'of this jurisdictional change, whichever is later, all property tax revenue received by the City of Baldwin Park, including Baldwin Park righting District, attributable to the West Covina "[Westerly Annexation 238" area shall be transferred to the County of Los Angeles. 4. For fiscal years commencing on and after July 1, 1983, or after the effective date of this jurisdictional change, whichever is later, all property tax revenue received by Consolidated Fire Protection District of Los Angeles County, attributable to the West Covina • "Westerly Annexation 238" area shall be transferred to the County of Los Angeles. -2- • 5. No additional transfer of property tax revenues shall be made from a special district to the City of West Covina as a result of this transfer of territory. The foregoing resolution was adopted by the Board of Supervisors of the County of Los Angeles, the City Council of the City of Baldwin Park, and the City Council of the City of West Covina. CITY EST: DWIN PARK City lerk On the day of 1982 APPROVED AS TO FORM:._ City Attorney CITY OF WEST COVINA Mayor ATTEST: City Clerk On the. 27th day of .September 1982 APPROVED AS`IO FORM: COUNTY OF LOS ANGELES Chairman City �tto ney JAMES.S. MIZE, Executive Officer Clerk of the Board of Supervisors 14 Deputy %day of 1982 ADOPTED VAR[) OF SUPERVISORS n" ',"v 'Ir LOS ANGELES -3- pCT12 1982 71,E JAMBS S. MtM "PMMffft OFFIC