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Resolution - 6975u RESOLUTION NO. 6975 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF WEST • COVINA, CALIFORNIA, ADOPTING THE JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES, THE BOARD OF DIRECTORS OF COUNTY SANITATION DISTRICT NUMBER 22 OF THE COUNTY OF LOS ANGELES, AND • THE CITY COUNCIL OF THE CITY OF WEST COVINA APPROV- ING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES RESULTING FROM AN ANNEXATION TO COUNTY SANITATION DISTRICT NO. 22 BEING ANNEXATION 22-223. i WHEREAS, there is a certain area within the City of West Covina which is to be annexed to the County Sanitation District of the County of Los Angeles; and 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 who 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, there has been prepared a joint resolution of the Board of Supervisors of the County of Los Angeles, the Board of Directors of County Sanitation District No. 22 of the County of Los Angeles, and the City Council of the City of West Covina; and WHEREAS, this joint resolution specifies the negotiated exchange of property tax revenues for Annexation No. 22-223 for each fiscal year commencing on and after July 1, 1985. NOW, THEREFORE, the City Council of the City of West Covina does hereby resolve as follows: - SECTION 1. That the joint resolution of the Board of Supervisors of the County of Los Angeles, the Board of Directors of County Sanitation Dis- trict No. 22 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 an annexation to County Sanitation District No. 22 being Annexation 22-223 is hereby adopted. SECTION 2. That the Mayor and City Clerk are hereby authorized to execute said joint resolution indicating adoption by -the City Council of the City of West Covina. Section 3. That the City Clerk shall certify to the adoption of this resolution and shall send a certified copy of this resolution and the executed joint resolution to the County Sanitation Districts of the County of Los Angeles. APPROVED AND ADOPTED this 28th day of January , 1985. Mayor ATTEST: ity Clerk • I HEREBY CERTIFY that the foregoing Resolution No. 6975 was duly adopted by the City Council of the City of West Covina, California, at a regular meeting thereof held on the 28th day of January 1985, by the following vote of the Council: AYES: Councilmembers: Manners, Chappell, Tennant, Bacon NOES:' Councilmembers: None ABSENT: Councilmembers: Shearer a APPROVED AS TO FORM: • City Attorney City Clerk -2-