CC RES 1982-086RESOLUTION NO. 82 -86
JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF THE COUNTY
OF LOS ANGELES AND THE CITY COUNCIL OF THE CITY OF RANCHO
PALOS VERDES APPROVING AND ACCEPTING NEGOTIATED EXCHANGE
OF PROPERTY TAX REVENUES RESULTING FROM THE "EASTVIEW
ANNEXATION" TO THE CITY OF RANCHO PALOS VERDES AND WITHDRAWAL
OF SAID TERRITORY FROM ROAD DISTRICT NO. 4
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 nego-
tiated 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 Rancho Palos Verdes have 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 Rancho
Palms Verdes identified as the "Eastview Annexation," and withdrawal of said
territory from Road District No. 4 is as set forth below.
NOW, THEREFORE, BE IT RESOLVED as follows:
I. The negotiated exchange of property tax revenues between the
County of Los Angeles and the City of Rancho Palos Verdes resulting from the
annexation of unincorporated territory to the City of Rancho Palos Verdes in
the annexation entitled "Eastview Annexation" is approved and accepted.
2. For the fiscal year commencing on July 1, 1983, and every year
thereafter, property tax revenues in the amount of Twenty -Two Thousand Five
Hundred Dollars ($22,500) is ordered transferred from the County of Los Angeles
to the City of Rancho Palos Verdes. In addition, for each fiscal year commencing
on July 1, 1984, and every year thereafter, the City of Rancho Palos Verdes shall
receive One and Sixteen -One Hundredths Percent (1.16%) of the incremental tax
growth attributable to the "Eastview Annexation" area, and the County of Los
Angeles' share of incremental tax growth shall be reduced. accordingly.
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. 4 attributable to the City
of Rancho Palos Verdes "Eastview Annexation" area shall be transferred to the
County of Los Angeles,
4. No other transfers of property tax revenues shall be made to the
City of Rancho Palos Verdes as a result of the "Eastview Annexation."
5. This resolution shall not be effective if the jurisdictional
change is not completed prior to July 1, 19830
6. Resolution Number 82 -85 is hereby repealed.
The foregoing resolution was adopted by the Board of Supervisors of
the County of Los Angeles and by t e City Council of the City of Rancho Palos
Verdes. r e #*"')
A .. t
MAYOR �' - •
.y ° Of � Chairman, Boar of pervisors
.JAMES..5.; :..I�II2R;.: E '�c�i't ''Of'f iter-
,1
* ♦ Clerk of the Board of Supervisors
CgCI FORD %P
ATTEST:
✓,. / TY i` LERK `V
28th day of December , 198
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) ss
CITY OF RANCHO PALOS VERDES )
of 1982
I. MARY JO LOFTHUS, City Clerk o - e City Council of the City of
Rancho Palos Verdes, hereby certify that the above Resolution No. 82 -86 was
duly and regularly passed and adopted by the said City at a special meeting
thereof held on the 28th day of December, 1982.
City C1 rk, Cit f R r "c' h os des
Resolution No. 82 -86 -2- 12/28/82