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HomeMy WebLinkAboutResolution No. 7069�r =~ `� RESOLUTION NO. 7.9 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF AZUSA APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES RESULTING FROM ANNEXATION TO COUNTY SANITATION DISTRICT NO. 22, REFERRED TO AS ANNEXATION NO. 191. JOINT RESOLUTION OF T11E BOARD OF SUPERVTSORS OF THE CO1i:4TY OF LOS ANGELES ACTING IN BEHALF OF 1. General County Purposes Fund 2. Flood Control District 3. 4. 5. 6. 7. 8. THE BOARD OF DIRECTORS OF COUNTY SANTTATTON DISTRICT NO. 22 OF LOS ANGELES COUNTY, MID THE GOVERNING BODIES OF - 1. City of Azusa_ 2 - hreeav�3�l�y Municipal Water District 1� --- --- - -' 3. 4. APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES RESULTING FROM ANNEXA'T'ION TO COUNTY SANITATION D1s'1'R1CT NO. 22 . "ANNEXATION NO. 191" 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 lie exchanged as a result of the annexation to County Sanitation District No. .22 entitled "Annexation No. 191 ". 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. 191 is approved ander accepted. - 2. For each fiscal year commencing on and after July 1, 1981, the County Auditor shall transfer to County Sanitation District No. 22 a total of 0.9873 % of the Annual Tax Increment attrib- utab teo the land area encompassed within Annexation No. 191 ". Said percentage has been determined on the basis of the following contributions. Agency General County Purposes Fund Flood Control District City of Azusa .Three a!1a412 Municipal Water District Total Percent 0.7084 0.0111 0.2592 0.0086 0.9873 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 this annexation. 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 1981-1982 assessed valuation shall be used as the tax base for future tax increment determinations relative to this resolution. 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 the taxing agencies signatory hereto. COUNTY SANITATION DISTRICT NO. 22 COUNTY OF LOS ANGELES OF_LOS ANGELES COUNTY airperson�,. Boar oDirectors ATTEST: Lonny Dirks, Secretary Citv_of Azusa i s J. Solem Mayor Chairman, Boar o Supervisors JAMES E. MIZE, Executive Officer -Clerk of the . Board of Supervisors AnneectionN2191 Wpwnjh lq Boundary of Co. Son Dist. Me 22 prior to Annexation NA 191 shown thus_________________ . Area of Anne.antion 0.940 Acres 0.001 Square mals I ly.. Cr NA 26013 VICINITY MAP NO SCAI.E aI N. B. 675, or 2 ORIV jj POINT OF BEGINNING sw I, W. POR. NWS 1/4, SEC. 26 X., Doc, BO 811718 — 2 4 -SIERRA MAD AV N as w ui 4 4 Nos AnneectionN2191 Wpwnjh lq Boundary of Co. Son Dist. Me 22 prior to Annexation NA 191 shown thus_________________ . Area of Anne.antion 0.940 Acres 0.001 Square mals I ly..