CC RES 1984-080RANCHO PALOS VERDES. RESOLUTION NOa 84 -80
ROLLING HILLS ESTATES RESOLUTION NO * 1 351
A JOINT RESOLUTION OF THE CITY COUNCIL OF THE CITY/ OF RANCHO PALOS
VERDES AND THE CITY COUNCIL OF THE CITY OF ROLLING HILLS ESTATES
APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX REVENUES
RESULTING FROM THE MUNICIPAL REORGANIZATION IDENTIFIED AS "ANNEXATION
84 -1" TO THE CITY OF ROLLING HILLS ESTATES (DETACHMENT FROM THE CITY
OF RANCHO PALOS VERDES)
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 changs must determine the amount of property tax revenues to.. be exchanged
betw_.'en the affected agencies and approve and accept the negotiated exchal� o�'
property.-,t ax_,- revenues by resolution; but if the affected agency is -a special
district,-, thie Board of Supervisors must negotiate on behalf of the district; and
WHEREAS, the cities ,of Rancho Palos Verdes and Rolling Hills Estates are
the only affected agencies and
WHEREAS, the City of Rancho Palos Verdes and the City of Rolling Hills
Estates have determined that the amount of property tax revenue to be exchanged
between their respective agencies as a result of the transfer of territory from
the City of Rancho Palos Verdes to the City of Rolling Hills Estates is as set
forth below.
NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS:
Sect.an : The negotiated exchange of property tax revenues resulting
from the -proposal identified as "Annexation 84 -11' to the City of Rolling Hills
Est ates- 0, t achment from the City of Rancho Palos Verdes) is approved and
accepted
Section 2 No property tax revenues shall be transferred to or from any
agency as a result of this municipal., reorganization.
Section 3: A Grant Heed restriction prohibiting any curb cuts onto
Hawthorne Boulevard will be required for these properties.
The foregoing resolution was adopted by the City Council of the City of
Rolling ,Hills Estates and by the City Council of the City of Rancho Palos
Verdes ,
Rolling Hills Estates
Resolution No. 1357
(as amended by Resolution No.
1358 to include Section 3)
PASSED, APPROVED AND ADOPTED
Dumber 11, 1984
ates
Rancho Palos Verdes
Resolution No. 84 -80
PASSED, APPROVED AND ADOPTED
December 18, 1984
V
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a or, City of'Rah6 os Verdes
ATTEST:
State of California } _
County of Los Angeles } ss
City of Rancho Palos Verdes }
I, JO PURCELL, City Clerk of the City of Rancho Palos Verdes, hereb
certify that the above Resolution No. 84 -80 was duly and regularly passed a .
adopted by the said City Council at a regular meeting thereof held on Decembe.
18, 1984.
Cit y Clyfrk, }� Ci of Rancho P los Vertu -:s
State of California }
County of Los Angeles } ss
City of Rolling Hills Estates}
I, HARRY R. PEACOCK, City Clerk of the City of Rolling Hills Estatese.
hereby certify that the above Resolution No. 1351 was duly and regularly passed
and adopted by the said City Council at a regular meeting thereof held or
December 11, 19840
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City C jArk, City of Rolling Hi."Lls Estates