CC RESOLUTION 33930
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RESOLUT-70111 i +O. 3393
JOINT RESOLUTION OF THE BOARD OF SUPERVISORS OF.THE COUNTY OF LOS
ANGELES ACTING IN BEHALF OF
1. _General County Purposes Fund
2. Flood Control District
,
3.
4.
5.
,
6.
,
7.
8.
THE BOARD OF DIRECTORS OF COUNTY SANITATION DISTRICT NO. 5 OF
THE COUNTY OF LOS ANGELES, AND THE GOVERNING BODIES OF
1. -City of El Segundo
2. Central -West Basin Water Replenishment District
,
3.
4.
,
APPROVING AND ACCEPTING NEGOTIATED EXCHANGE OF PROPERTY TAX
REVENUES RESULTING FROM ANNEXATION TO COUNTY SANITATION DISTRICT
N0. 5 , AND RESCINDING CITY OF EL SEGUNDO RESOLUTION NO. 3278.
"ANNEXATION NO. 48 "
AS, ,pursuant to Section 99 and 99.1 of the Revenue and
Taxation Coe, prior to the effective date of any jurisdictional
change which wi�7.L ') -4 in a special district providing a new
service, the governing bodies of all local agencies who receive
an apportionment of the proper L,° cax from the area must determine
the amount of property tax revenues from she annual tax increment
to be exchanged between the affected agencies jn.4 approve and
accept the negotiated exchange of property tax revent'QS bV,
resolution, and
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WHEREAS, the governing bodies of the agencies signatory hereto
have made determinations of the amount of property tax revenues
from the annual tax increments to be exchanged as a result of the
annexation to County Sanitation District No. 5 entitled
"Annexation No. 48
NOW, THEREFORE, BE IT RESOLVED AS FOLLOWS:
1. The negotiated exchange of property tax revenues resulting
from the annexation of territory to County Sanitation District
No. 5 in the annexation entitled "Annexation No. 48 it is
approved and accepted.
..
_14i,g7
•
2. For
each fiscal year commencing on and after July
1, 1987
•
or after the
effective date of this jurisdictional change,
which -
ever is later, the County Auditor shall transfer to County
Sanitation
0.0167
District No.
5 a total of 0.8615 % of the Annual Tax
Increment
0.0670
attributable
to the land area encompassed within Annexation
No. 48
Said percentage has been determined on the basis of the
following contributions.
i
0
•�
4. No transfer of property tax revenues from properties within
a community redevelopment project shall be made during the period
that the entire tax increment is legally committed for repayment
of the redevelopment project costs. The 1986 -19(7 assessed valuation
shall be used as the tax base for future tax increment determinations
relative to this resolution.
5. City of E1 Segundo Resolution :do. 3278 is hereby rescinded.
The foregoing resolution was adopted by the Board of Supervisors
of the County of Los Angeles, the Board of Directors of County
Sanitation District No. 5 and the governing bodies of the taxing
agencies signatory hereto.
COUNTY SANITATION DISTRICT NO. 5
OF LOS ANGELES COUNTY
Chairperson, Board of Directors
ATTEST:
2
COUNTY OF LOS ANGELES
Chairman, Board of Supervisors
LARRY J. MONTEILH, Executive
Officer - Clerk of the Board
of Supervisors
Deputy
Central -West Basin Water
Replenishment District
-I
Agency
Percent
•
General County
Purposes Fund
0.7775
Flood Control
District
0.0167
City of El Segundo
0.0670
Central -West Basin Water Replenishment District
0.0003
Total
0.8615
3. No additional
transfer of property tax
revenues shall be
made from any
other taxing agencies to County Sanitation District
No. 5 as
a result of this annexation.
i
0
•�
4. No transfer of property tax revenues from properties within
a community redevelopment project shall be made during the period
that the entire tax increment is legally committed for repayment
of the redevelopment project costs. The 1986 -19(7 assessed valuation
shall be used as the tax base for future tax increment determinations
relative to this resolution.
5. City of E1 Segundo Resolution :do. 3278 is hereby rescinded.
The foregoing resolution was adopted by the Board of Supervisors
of the County of Los Angeles, the Board of Directors of County
Sanitation District No. 5 and the governing bodies of the taxing
agencies signatory hereto.
COUNTY SANITATION DISTRICT NO. 5
OF LOS ANGELES COUNTY
Chairperson, Board of Directors
ATTEST:
2
COUNTY OF LOS ANGELES
Chairman, Board of Supervisors
LARRY J. MONTEILH, Executive
Officer - Clerk of the Board
of Supervisors
Deputy
Central -West Basin Water
Replenishment District
-I
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9
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STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF EL SEGUNDO )
I, Ronald L. Hart , City Clerk of the
City of E1 Segundo, California, DO HEREBY CERTIFY that the whole
number of members of the City Council of the said City is five;
that the foregoing resolution, being Resolution No. 3393 was
duly passed and adopted by the said City Council, approved and
signed by the Mayor of said City, and attested by the City Clerk
of said City, all at a regular meeting of the said Council held
on the 3rd day of June , 19 86
and that the same was so passed and adopted by the following
vote:
AYES:
NOES:
ABSENT:
Councilmembers Anderson, Jacobson, Schuldt
West, & Mayor Siadek
Councilmembers None
Councilmembers None
WITNESS MY HAND AND THE OFFICIAL SEAL OF SAID CITY
this 9th day of July t , 19 86 .
(SEAL)
M1
City Clerk of the
City of E1 Segundo, California