Resolution - 8967RESOLUTION NO. 8967
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 NO. 22
OF THE COUNTY OF LOS ANGELES AND THE CITY
COUNCIL OF THE CITY OF WEST COVINA,
• CALIFORNIA, APPROVING AND ACCEPTING
NEGOTIATED EXCHANGE OF PROPERTY TAX
REVENUES RESULTING FROM ANNEXATION TO
COUNTY SANITATION DISTRICT NO. 22 BEING
ANNEXATION NO. 322.
•
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 322 for each fiscal year commencing on and after July 1, 1994.
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 District 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 annexation to County
Sanitation District No. 22 being Annexation No. 322 is hereby adopted.
SECTION 2. That the Mayor and City Clerk are hereby authorized to
execute said joint resolution indicating adopting by the City Council of the City of West
Covina.
SECTION 3. That the City Clerk shall certify to the adoption of this
resolution to the County Sanitation District of the County of Los Angeles.
APPROVED AND ADOPTED this 4th day of May , 1993.
raw wk tv
C
City Clerk
. 022
•
•
I HEREBY CERTIFY that the foregoing resolution was duly adopted by the City
Council of the City of West Covina, California, at a regular meeting thereof held on the Ath
day of May , 1993, by the following vote of the Council, to wit:
AYES: Councilmembers:
NOES: Councilmembers:
ABSENT: Councilmembers:
Approved as to form:
@J'Aoj'�-e f-h (I-P.
ity Attorney
Jennings, Wong, Manners, McFadden
None
Herfert
Clerk
�x322
JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES
ACTING IN BEHALF OF
Los Angeles County General Purposes Fund
Los Angeles County Public Library
41 Los Angeles County Flood Control District
THE BOARD OF DIRECTORS OF COUNTY SANITATION DISTRICT NO. 22 OF THE COUNTY OF
LOS ANGELES, AND THE GOVERNING BODIES OF
City of West Covina
Three Valleys Municipal Water District
APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES
RESULTING FROM ANNEXATION TO COUNTY SANITATION DISTRICT NO. 22.
"ANNEXATION NO. 322"
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, 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. 22 entitled Annexation No. 322. .
e
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. 22 in the annexation entitled Annexation No. 322 is approved and accepted.
2. For each fiscal year commencing on and after July 1, 1994 or after the effective date of this
jurisdictional change, whichever is later, the County Auditor shall transfer to County Sanitation District No. 22
a total of 0.6961 percent of the Annual Tax Increment attributable to the land area encompassed within
Annexation No. 322.
Said percentage has been determined on the basis of the following contributions.
AGENCY
PERCENT
Los Angeles County General
.4540
Los Angeles County Library
.0459
Los Angeles County Flood Control
.0091
City of West Covina
.1827
• Three Valleys Municipal Water District
.0044
TOTAL
0.6961
3. No additional transfer of property tax revenues shall be made from any other taxing agencies
to County Sanitation District No. 22 as a result of annexation entitled Annexation No. 322.
4. No transfer of property tax revenues from properties within a community redevelopment
project shall be made during the period that the entire tax increment is legally committed for repayment of
the redevelopment project costs.
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. 22 and the governing bodies of City of West Covina and
Three Valleys Municipal Water District, signatory hereto.
ATTEST:
Secretary
CITY OF WEST COVINA
PRINT NAME AND TITLE
Date
(SIGNED IN COUNTERPART)
0
m
b
ƒ
'k
�
�
§|2
!
z
§
\
k
§\
)
}
�
\
\
0
/ $