CC - 2004-03 - Approving a tax sharing agreement with the city of Baldwin ParkRESOLUTION NO. 2004-3
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
ROSEMEAD APPROVING A TAX SHARING AGREEMENT WITH
THE CITY OF BALDWIN PARK AND AUTHORIZING THE
MAYOR TO EXECUTE THE AGREEMENT (LAIDLAW'S
HARLEY DAVIDSON)
WHEREAS, in response to a writ of mandate issued in an action entitled City of
Rosemead v. City of Baldwin Park, LASC No. BS 081365, the City
Council of the City of Baldwin Park, at its meeting of January 21, 2004,
adopted a resolution approving an AGREEMENT BETWEEN THE CITY
OF BALDWIN PARK AND THE CITY OF ROSEMEAD FOR THE
SHARING OF SALES TAX REVENUE GENERATED BY
LAIDLAW'S HARLEY DAVIDSON SALES, INC. MOTORCYCLE
DEALERSHIP (the "Agreement") a true copy of which Agreement is
attached hereto as Exhibit A; and
WHEREAS, the City of Rosemead received the executed Agreement on January 27,
2004, and pursuant to the provisions of Health & Safety Code Section
33426.7 has 30 days in which to approve the contract by enacting a
resolution; and
WHEREAS, the Agreement is designed to effectuate the tax sharing formula dictated by
Health and Safety Code Section 33426.7 as a result of Laidlaw's Harley
Davidson relocating to the City of Baldwin Park with assistance from the
Baldwin Park Redevelopment Agency.
NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF
ROSEMEAD HEREBY RESOLVES:
Section 1. The Agreement is hereby approved and the Mayor is
authorized to execute the Agreement on behalf of the City of Rosemead.
Section 2. This Resolution shall take effect immediately.
PASSED, APPROVED AND ADOPTED by no less than a two-thirds vote this 27th
day of January 2004.
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