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HomeMy Public PortalAboutResolution 82-2107RESOLUTION NO. 82 -2107 JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY OF LOS ANGELES AND THE CITY COUNCIL OF THE CITY OF TEMPLE CITY APPROVING AND ACCEPTING NEGOTI- ATED EXCHANGE OF PROPERTY TAX REVENUES RESULTING FROM ANNEXATION OF UNINCORPORATED TERRITORY TO THE CITY OF TEMPLE CITY - "ANNEXATION 82 -1" 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 revenues 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 Temple City have determined that the amount of property tax revenue to be exchanged between their respective agencies as a result of the annexation of unin- corporated territory to the City of Temple City identified as "Annexation 82 -1" is as set forth below. NOW, THEREFORE, BE IT RESOLVED as, follows: 1. The negotiated exchange of property tax revenues between the County of Los Angeles and the City of Temple City resulting from the annexation of unincorporated territory to the City of Temple City in the annexation entitled "Annexation 82 -1" is approved and accepted. 2. For fiscal years commencing on and after July 1, 1983, or after the effective date of this jurisdictional change, which- ever is later, no property tax revenue is ordered transferred from the County of Los Angeles to the City of Temple City. In addition, for each fiscal year commencing on and after July 1, 1983, or after the effective date of this jurisdictional change, whichever is later, no portion of Los Angeles County's current countywide average share of the incremental tax growth attributable to the "Annexation 82 -1" area shall be transferred to the City of Temple City. 3. For fiscal years commencing on and after July 1, 1983, 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 Temple City "Annexation 82 -1" area shall be transferred to the County of Los Angeles. 4. For fiscal years commencing on and after July 1, 1983, or after the effective date of this jurisdictional change, whichever is later, all property tax revenue received by Longden Lighting District attributable to the Temple City "Annexation 82 -1' area shall be transferred to the County of Los Angeles. 5. No transfer of property tax revenue shall be made from a special district to the City of Temple City 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 Temple City. APPROVED, PASSED, AND ADOPTED THIS 5th day of. October, 1982, by the following vote: AYES: Councilmembers- Atkins, Dennis, Gillanders, Swain, Tyrell NOES: Councilmembers -None ABSENT: Councilmembers -None CITY OF,TEMPLE CITY COUNTY OF LOS ANGELES MAYOR—" ATTEST: by 'Sin20._ . (_ Chief Deputy City Clerk 5th day of October , 1982 1 CHAIRMAN, BOARD OF SUPERVISORS JAMES S. MIZE, Executive Officer - Clerk of the Board of Supervisors by Deputy day of 1982