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HomeMy Public PortalAbout85-069 (06-04-85)RESOLUTION NO. SS-69 JOLNT RESOLUTION OF THE BOARD OF SUPERVISORS OF LOS ANGELES COU'NPY AND THE CITY COUNCIL, OF THE CITY OF LYNPYX~D APPROVING AND ACCF.PTIiIG NEGOTIATED EXCHANGE OF PROPE.2TY TAX REVENUES _ ~.,~. RESULTING FROM ANNEXATION OF TERRITORY OF THE CITY OF LYNFUOD -- "ANNEXATICRV N0. 3 ("A") (DE- TAQIDIIIVT FROM CONSOLIDATED FIRE PRdPECTICN DISTRICT AND FIRESTONE GARBAGE DISPOSAL DISTRICT') V:'f~RE,T~S, pursuant to Section 99 of tine Revenue and Taxa- tion 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 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 negotiated on behalf of tze district; and PIIEREAS, the Board of Supervisors of the County of Los Angeles and the City Council of the City of Lynwood 'nave 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 Lynwood identified as "Annexation No. 3 ("A") is set forth below. NOW, THEREFORE, BE IT RESOLUID as follows: Section 1. `Phe negotiated exchange of property tax revenues between the County of Los Angeles and the City of L1°nwocd resultinq fran the anne.~cation of ~uiincorporated territory to the City of Lynwood in the annexation entitled "Annexation Ne. 3 ("A") is approved and accented. Section 2. For fiscal years ccimiencing on ar~d after July 1, 1986, or after the effective date of this jurisdictional change, whichever is later, property tax revenue in the amount of Nine Thousand Five Hundred Seventy-Four Dollars ($9,574) is ordered transferred from the Co~.:nty of Los Angeles to the City of Lynwood. In addition, for each fiscal year cacanencing on and after July 1, 1986, or after the effective date of this jurisdictional change, whichever is later, Twelve and Seven-Tenths Percent (12.7°) of u'ne incremental tax growth attributable to tie L_mwood "Annexation No. 3 ("A") area shall be transferred tc the City of Lynwood, and the County of Los Angeles' share of incremental tan growth shall be reduced accordingly. Section 3. For fiscal •,~ears coinnencin.g en and after July 1, 1986, or after tine effective date of this jurisdictional change, whichever is later, all property tax revenue received by the Consolidated Fire Protec- tion District attributable to the Lynwood "Annexation N0. 3 ("A") area shall be transferred to tine County of Los Angeles. Section 4. For fiscal years ccsri~ncina cn and after ,July i, 1986, or after the effective date of this jurisdictional change, ;~hichever ~~ later, all property tax revenue received by Firestone Garbage i~isposai D~StriCt dttrlblltabie t0 tine i,~T1W ~d ~.'PS1P.exatl0n NO. 3 ("A"~ tired Sia.~Li :.'2 transferred tc t'ne County of Los Arceles. Section 5. For fiscal years commencing on and after July 1, 1986, or after the effective date of this jurisdictional change, whichever is later, all property tax revenue recieved by toad District No. 2 attributable to the Lynwood "Annexation No. 3 ("A") area shall be transferred to the County of Lcs Angeles. P~" ~~ Section 6. For fiscal years conmiencing on and after July 1, 1986, or after the effective date of this jurisdictional change, whichever _ is later, all property tax revenue received by Willowbrook Lighting District attributable to the Lynwood "Annexation No. 3 ("A") area shall be transferred tc the County of Los Angeles. Section 7. The Consolidated Sewer P~faintenance District receives no property tax revenue. Therefore, there shall be no transfer of property tax revenue from Consolidated Sewer Maintenance District as a result of the withdrawal of the Lynwood "Annexation No. 3 ("A") area from said District. Section 8. No other transfers of property tax revenue shall be made to the City of Lynwood as a result if "Annexation No. 3 ("A"). The foregoing resolution was adopted by the Board of Supervisors of the County of Los Angeles and by the City Council of the City of Lynwood. 1985. ATFEST: PASSID, APPROVID and ADOP'I~D this 4th day of JUNE C~ ~ ,~~~~ ANDREA L. HOOPER, City Clerk City of Lynwood JO~~ D. BYORK, 49ayo C1ty of Lynwood BOARD OF SUPERVISORS CFia;rman LARRY J. MONTEIL,H, Executive Officer-Cler'.c of the Board of Supervisors STATE OF C.z1LIFORNIA ) ss. CCLNPY OF LOS ANGELES ) I, the undersigned, City Clerk of the City of Lynwood, do hereby cer~ify t'~at the foregoing resolution was gassed and adopted by the Cit,~ Council of the City of L~nwaod at a regular meeting held on the 1 th day of J'~~ e ~ 986. AYES: COUNCILMEN HENNI NG, MORRIS, EOWE, THOMPSON, BYORti \OES: NONE ABSr"'[,VT: NONE Citv Clerk, City of Lyn d