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HomeMy WebLinkAboutCC Reso No 1980-40,~ - ~ r RESOLUTION NG,so-40 C'7 a•. '~ A RESOLUTION BY THE MAYOR AND CITY COUNCIL OF THE CITY OF LAKE ELSINORE, CALIFORNIA, STATING THE DESIRE AND INTENT TO ANNEX CERTAIN PROPERTY AND DETERMINE THE AMOUNT OF PROPERTY TAX REVENUE TO BE EXCHANGED BETWEEN THE COUNTY OF RIVERSIDE AND THE CITY OF LAKE ELSINORE, KNOWN AS ANNEXATION N0, 25, TO THE CITY OF LAKE ELSINORE - LAFCO #80-44- L BE IT RESOLVED BY THE MAYOR AND CITY COUNCIL OF THE. CITY OF LAKE ELSINORE IN REGULAR SESSION ASSEMBLED ON JULY 22, 1980, THAT: 1. THE CITY DESIRES. AND WISHES TO ANNEX THAT AREA DESIGNATED AS LAFCO #80-44-1, WHICH WAS INADVERTENTLY DROPPED FROM THE LEGAL DESCRIPTION OF LAFCO #78-43-1 FORMERLY ANNEXED TO THE CITY OF LAKE ELSINORE, 2, THE COUNTY OF RIVERSIDE AND THE CITY OF LAKE ELSINORE ARE THE AGENCIES WHOSE AREA OF RESPONSIBILITY FOR SERVICE WOULD BE AFFECTED BY ANNEXATION N0, 25 TO THE CITY OF LAKE ELSINORE, DESIGNATED LAFCO 80-44-1, 3, REPRESENTATIVES OF EACH OF THE AFFECTED AGENCIES HAVE MET AND NEGOTIATED AN EXCHANGE OF PROPERTY TAX REVENUE TO BECOME ( EFFECTIVE FOR TAX PURPOSES BEGINNING JuLV 1, 1980, As FOLLOWS: j ,• ~A) THE CITY OF LAKE ELSINORE SHALL ASSUME THE RESPONSIBILITY FOR ALL GENERAL MUNICIPAL SERVICES TO THE .,. ,. AREA TO BE ANNEXED AS ARE REQUIRED BY LAW OR PRESENTLY PROVIDED THROUGHOUT THE CITY, AND FOR SUCH SERVICES ASSUMP- TION SHALL RECEIVE 25~ OF THAT PORTIAN OF THE PROPERTY TAX REVENUE GENERATED WITHIN THE TERRITORY TO BE ANNEXED UNDER THE AD VALOREM TAX RATE ESTABLISHED BY ARTICLE XIII A OF THE CONSTITUTION OF THE STATE OF CALIFORNIA, THAT .REPRESENTS THE COUNTY OF RIVERSIDES SHARE OF SUCH PROPERTY TAX REVENUE.. {B) THE COUNTY "AUDITOR SHALL CONVERT THE ABOVE- . ESTABLISHED PERCENTAGE FIGURES INTO ACTUAL DOLLAR FIGURES AND THEREAFTER ALLOCATE SUCH PROPERTY TAX REVENUE IN ACCORD WITH THE' PROVISIONS OF SECTION 95 ET SEQ, OF THE REVENUE. T I~ p., ADOPTED THIS ~7Nn DAY of ~~~~~-~ 1980, BY THE FOLLOWING VOTE: AYES: Torn, Unsworth, Baldwin, Harris, Stewart NOES: none ABSENT: none /_ _ ~~~ ,YOR THE CITY QF LAKE ELSINORE JERRY H, STEWART ATTEST: ~; ~~~~ ,~ , _, 1~ _~_~~ CIT`i CLERK '~IT`i OF LAKE ELSINORE FLORENE MARSHALL ~~ r( t .... ._- . , ,. c~ ~ I, Florene Marshall, City Clerk of the City of Lake Elsinore, California, do hereby certify that the attached Resolution was duly and regularly adopted by the City Council of-the City of Lake Elsinore, California at ` their meeting held on the ;~,~'' °Gday of~a; _1, _ , 1980. /~ ~~ (~ i ~ `~ Florene Marshall i ` i \. City Clerk "~ S r f ~ .." \ `:;}I ,: