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CC RES 1974-070 • RESOLUTION NO. 74-70 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES PROVIDING REVENUE SHARING CREDIT FOR COUNTY FIRE PROTECTION TAXES PAID BY CITY PROPERTY OWNERS BY ELIMI- NATING EXISTING TAX AND ESTABLISHING A TAX IN PLACE THEREOF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES RESOLVES AS FOLLOWS: Section 1. Pursuant to Government Code Sec. 43073 , the City Council of the City of Rancho Palos Verdes, a city encompassed entirely within the territory of the hereinafter specified district, hereby elects to pay to the Los Angeles Consolidated Fire Protection District an amount of money equal to the amount said District would derive from the imposition of its tax on all property within the incorporated limits of the city. Such payment shall be in lieu of the imposition of said District' s tax on property within the boundaries of the city. Section 2 . Pursuant to Government Code Sec. 43073, the City Council of the City of Rancho Palos Verdes, in order to generate the funds necessary to make the payment referred to in Section 1 of this resolution, hereby establishes a city tax rate for fiscal year 1974-75 , in an amount equal to the amount of the rate set by the Board of Supervisors of the County of Los Angeles for the Los Angeles County Consolidated Fire Protection District for the 1974-75 fiscal year. The revenue from such tax shall be utilized solely for the pay- ment described in Section 1 hereof. Section 3 . The City Council of the City of Rancho Palos Verdes hereby requests that the County Tax Collector list the Los Angeles County Consolidated Fire Protection District on the property tax bill or on an accompanying state- ment, clearly indicating that the city has elected to include the cost of the special district service in a city tax rate rather than have the District impose the tax. This resolution shall serve as direction and authorization to the Los Angeles County Auditor-Controller to transfer the monies collected pursuant to Section 2 of this resolution to the Los Angeles County Consolidated Fire Protection District. Section 4. The City Clerk is directed forthwith to mail a copy of this resolution to the County Auditor-Controller, the County Assessor and the County Tax Collector. PASSED, APPROVED AND ADOPTED this 20th day of August , 1974 . a ATTEST: Leonard G. Wood, City Clerk OKoLa City C erk 1114a14; I HEREBY CERTIFY that the foregoing is a true and correct copy of a resolution passed and adopted by the City Council of the City of Rancho Palos Verdes at a regular meet- ing thereof held on the 20th day of _August , 1974. City Clerk