Resolution - 7181RESOLUTION NO. 7181
JOINT RESOLUTION OF THE BOARD OF SUPERVISORS
LOS ANGELES COUNTY AND THE CITY COUNCIL OF THE
CITY OF WEST COVINA APPROVING AND ACCEPTING
NEGOTIATED EXCHANGE OF PROPERTY.TAX REVENUES
RESULTING FROM ANNEXATION OF TERRITORY TO THE
CITY OF WEST COVINA--"ANNEXATION 240"
(DETACHMENT FROM CONSOLIDATED FIRE PROTECTION DISTRICT)
WHEREAS, pursuant to Section 99 of the Revenue and
Taxation Code, prior to the effective date of any jurisdic-
tional 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 spe-
cial district, the Board of Supervisors must negotiate 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 revenue to
be exchanged between their respective agencies as a result
of the annexation of unincorporated territory to the City of
West Covina identified as "Annexation 240" is as set forth
below.
NOW, THEREFORE, the Board of Supervisors of the County of
00 Los Angeles and the City Council of the City of I -lest Covina, do hereby
resolve:
1. The negotiated exchange of property tax revenues
•
between the County
of Los Angeles
and the City
of West Covina
resulting from the
annexation of
unincorporated
territory to
the City of West Covina, identified as "Annexation 240," is
approved and accepted.
• 2. For fiscal years commencing on and after July 1,
1987, or after the effective date of this jurisdictional
change, whichever is later, property tax revenue in the
amount of One Thousand Two Hundred Eighty -Three Dollars
($1,283) is ordered transferred from the County of Los
Angeles to the City of West Covina. In addition, for each
fiscal year commencing on and after July 1, 1987, or after
the effective date of this jurisdictional change, whichever
is later, a portion of the incremental tax growth attribu-
table to the Tax Rate Areas in West Covina "Annexation 240,"
as identified below, shall be transferred to the City of
West Covina, and the County of Los Angeles' share of incre-
mental tax growth shall be reduced accordingly:
Tax Rate Area % of ATI
2218 17.5
2224 17.2
3. For fiscal years commencing on and after July 1,
1987, or after the effective date of this jurisdictional
change, whichever is later, all property tax revenue
received by the Consolidated Fire Protection District attri-
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. butable to the West Covina "Annexation 240" area shall be
transferred to the County of Los Angeles.
4. For fiscal years commencing on and after July 1,
1987, or after the effective date of this jurisdictional
• change, whichever is later, all property tax revenue
received by Road District No. 1 attributable to the West
Covina "Annexation 240" area shall be transferred to the
County of Los Angeles.
5. For fiscal years commencing on and after July 1,
1987, or after the effective date of this jurisdictional
change, whichever is later, all property tax revenue
received by Garo Lighting District attributable to the West
Covina "Annexation 240" area shall be transferred to the
County of Los Angeles.
6. The Consolidated Sewer Maintenance District
receives no property tax revenue. Therefore, there shall be
no transfer of property tax revenue from the Consolidated
Sewer Maintenance District to either the City of West Covina
or the County of Los Angeles, attributable to the West
Covina "Annexation 240" area.
7. No other transfers of property tax revenue shall
be made to the City of West Covina as a result of
"Annexation 240."
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•
•
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The foregoing resolution was adopted by the Board of
Supervisors of the County of Los Angeles and by the City
Council of the City of West Covina.
CITY OF WEST COVINA BOARD OF SUPERVISORS
z)
Cre�
Mayor Chairman, Board of Supervisors
ATTEST:
City Clerk
11 ct day of July 1986
APPROVED AS TO FORM:
Ci ttorn y
LARRY J. MONTEILH,
Executive Officer -Clerk of the
Board of Supervisors
By
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Deputy
day of
1986