HomeMy WebLinkAboutResolution No. 6981RESOLUTION NO. 6981
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JOINT RESOLUTION OF THE BOARD OF SUPERVISORS
OF THE COUNTY OF LOS ANGELES AND THE CITY COUNCIL
OF THE CITY OF AZUSA APPROVING AND ACCEPTING
NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES
RESULTING FROM ANNEXATION OF UNINCORPORATED TERRITORY
TO THE CITY OF AZUSA -- "EASTERLY ANNEXATION NO. 81"
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 revenue 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
and the City Council of the City of Azusa have determined that the amount
of property tax revenues to be exchanged between their respective
agencies as a result of the annexation of unincorporated territory to
the City of Azusa, entitled "Easterly Annexation No. 81" is as set
forth below.
NOW, THEREFORE, BE IT RESOLVED as follows:
1. The negotiated exchange of property tax revenues between
the Cointy of Los Angeles and the City of Azusa resulting from the
annexation of unincorporated territory to the City in the annexation
entitled "Easterly Annexation No. 81" is approved and accepted.
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2. For fiscal years commencing on and after July 1, 1981,
property tax revenue in the amount of One Hundred and Thirty -Four
Dollars ($134) is ordered transferred from the County of Los Angeles
to the City of Azusa. In addition, for each fiscal year commencing
on and after July 1, 1981, Twenty -One and Seven -Tenths Percent (21.7%)
of Los Angeles County's current Countywide average share of the
incremental tax growth attributable to the Azusa "Easterly Annexation
No. 81" area shall be transferred to the City of Azusa.
3. For fiscal years commencing on and after July 1, 1981,
all property tax revenue received by the Consolidated Fire Protection
District of Los Angeles County attributable to the Azusa "Easterly
Annexation No. 81" area shall be transferred to the County of
Los Angeles.
4. For fiscal years commencing on and after July 1, 1981, all
property tax revenue received by the Los Angeles County Library
District attributable to the Azusa "Easterly Annexation No. 81" area
shall be transferred to the County of Los Angeles.
5. For fiscal years commencing on and after July 1, 1981, all
property tax revenue received by the Road District #1 attributable to
the Azusa "Easterly Annexation No. 81" area shall be transferred to
the County of Los Angeles.
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6. No additional transfer of property tax revenues shall
be made from a special district to the City of Azusa as a result
of this annexation.
The foregoing resolution was adopted by the Board of Super-
visors of the County of Los Angeles and the City Council of the City
of Azusa.
CITY OF AZUSA
COUNTY OF LOS ANGELES
or Chairman, Board of Supervisors
JAMES S. MIZE, Executive Officer -
Clerk of the Board of Supervisors
By ' By
C y Clerk
16th day of March , 1981
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day of
Deputy
1981