Resolution - 2004-71RESOLUTION NO. 2004-71
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 THE NEGOTIATED EXCHANGE OF PROPERTY TAX
REVENUE RESULTING FROM ANNEXATION NO. 2004-03 TO THE CITY OF WEST COVINA
AND DETACHMENT FROM THE LOS ANGELES COUNTY CONSOLIDATED FIRE
PROTECTION DISTRICT AND LOS ANGELES COUNTY ROAD DISTRICT NO. 1
• (ANNEXATION NO. 2004-03)
WHEREAS, pursuant to Section 99 of the Revenue and Taxation Code, for specified
jurisdictional changes, the governing bodies of affected agencies shall negotiate and determine
the amount of property tax revenue to be exchanged between the affected agencies; and
WHEREAS, the Board of Supervisors, as the governing body of the County of
Los Angeles, the Consolidated Fire Protection District (CFPD) and Los Angeles County Road
District No. 1 (Road District No. 1), 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 No. 2004-03, and detachment of said territory from the CFPD and
Road District No. 1.
NOW, THEREFORE, BE IT RESOLVED as follows:
1. The negotiated exchange of property tax revenues between the County of
Lo:, Angeles and the City of West Covina resulting from Annexation No. 2004-03 is approved
and accepted.
2. For fiscal years commencing on or after July 1, 2005, or the July 1 after the effective
date of this jurisdictional change, whichever is later, all property tax revenue received by the
CFPD attributable to Annexation No. 2004-03 shall be transferred to the County of Los Angeles
and the CFPD share shall be reduced to zero as a result of the detachment of the area from the
CFPD.
3. For fiscal years commencing on or after July 1, 2005, or the July 1 after the effective
date of this jurisdictional change, whichever is later, all property tax revenue received by Road
District No. 1 attributable to Annexation No. 2004-03 shall be transferred to the County of
Los Angeles and the Road District No 1 share shall be reduced to zero as a result of the
detachment of the area from Road District No. 1.
4. For fiscal years commencing on or after July 1, 2005, or the July 1 after the effective
date of this jurisdictional change, whichever is later, zero dollars ($0) in base property tax
revenue shall be transferred from the County of Los Angeles to the City of West Covina. In
addition, for each fiscal year commencing on or after July 1, 2005, or the July 1 after the
effective date of this jurisdictional change, whichever is later, 0.154097544 of the annual
property tax growth attributable to Annexation No. 2004-03 shall be transferred from the County
of Los Angeles to the City of West Covina, and the County's share of incremental growth shall
be reduced accordingly.
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Tax Transfer Resolution
West Covina Annexation 2004-03
Page 2
5. In the event that all or a portion of the annexation area is included within a
redevelopment project pursuant to California Community Redevelopment Law, Health & Safety
Code Sections 33000 et seq., the City of West Covina shall not adopt the ordinance approving
the redevelopment plan with respect to the annexed area until such time as the Redevelopment
Agency of the City of West Covina has diligently and in good faith complied with all applicable
• provisions of the California Community Redevelopment Law, including but not limited to, Health
& Safety Code Section 33670 or any other relevant provision of the law. Any ordinance
approving a redevelopment project which does not comply with this paragraph shall be void and
of no effect with regard to the subsequent allocation and distribution of taxes to the
Redevelopment Agency.
PASSED AND APPROVED on this 17thday of August 2004.
Mayor
ATTEST:
City Cle
STATE OF CALIFORNIA
COUNTY OF LOS ANGELES
CITY OF WEST COVINA
I Janet Berry, City Clerk of the City of West Covina, do herby certify that the foregoing
Resolution was adopted by the City Council of the City of West Covina at a regular meeting held
on thel7th day of August 2004.
AYES: Herfert, Hernandez, Sanderson, Wong, Miller
NOES: None
ABSENT: None
DATE: August 17, 2004
City Clerk
APPROVED AS TO FORM:
1
A �' /1..�
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Tax Transfer Resolution
West Covina Annexation 2004-03
Page 3
The foregoing resolution was on the IAclay of J� 2004, adopted by the Board of
Supervisors of the County of Los Angeles and ex officio a governing body of all other special
assessment and taxing districts, agencies and authorities for which said Board so acts.
APPROVED AS TO FORM:
OFFICE OF THE COUNTY COUNSEL
Phomas J. aJghna
Senior De uty Coulity Counsel
VIOLET VARONA-LUKENS, Executive Officer
Clerk of the Board of Supervisors
of the County of Los Angeles
By
eputy,�
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