HomeMy WebLinkAbout1980 087 CC RESO1980 087 CC RESO (Ìì î RESOLUTION 8Q-87
JOINT RESOLUTION OF THE BQ^RD OF SUPERVISORS CF THE
COUNTY OF LOS ANGELES AND THE CITY COUNCIL OF THE CITY
OF BALDWIN PARK APPROVING AND ACCEPTING NEGOTIATED EXCHANGE
OF PROPERTY TAX REVENUES RESULTING FROM ANNEXATION OF
UNINCORPORATED TERRITORY TO THE CITY OF BALDWIN PARK"
ANNEXATION NO. 27"
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; and
WHEREAS, the Board of Supervisors of the County of Los Angeles
and the City Council of the City of Baldwin Park 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 Baldwin Park, entitled Annexation No. 27"
is as set forth below:
i
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 Baldwin Park resulting from
the annexation of unincorporated territory to the City in the annexation
entitled Annexation No. 27" is approved and accepted.
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1980 087 CC RESO (Ìì î 2. For fiscal years commencing on and after July 1, 1980,
property tax revenue in the amount of Three Thousand, Four Hundred
and Fifteen Dollars $3,415) is ordered transferred from the County
of Los Angeles to the City of Baldwin Park. In addition, for each
fiscal year commencing on and after July 1, 1980, Nine and Four-Tenths
Percent 9.47o) of Los Angeles County's share of the incremental tax growth
attributable to the Annexation No. 27" area shall be transferred to
the City of Baldwin Park.
3. No transfer of property tax revenues shall be made from a
special district to the City of Baldwin Park as a result of this
annexation.
The foregoing resolution was adopted by the Board of Supervisors
of the County of Los Angeles and the City Council of the City of
Baldwin Park.
CITY OF//MLDWIN PARK
/
l/W^S^
lOS ANGELES
Chairman, Board of Supervisors
y^/
By jf^a^ yq^
City Clerk
/J^ day of cA>^^ 1980
\-^
S S. MIZE, Executive Officer-
k of- the Board of Supervisors
M
Deputy
IZ^ day of DSE^. 1980
2-
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1980 087 CC RESO (Ìì î TOOPTED
woreA'
BOARD OF JP;..;";;^
4 COUX.7Y Of 103 Q,.^£^ y
t4 / OGT071980
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S.'^.
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087-U02
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2/26/2003-U04
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