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CC - 1973-88 - Revenue Sharing Credit for County LibraryRESOLUTION N0. 73 -88 I A RESOL LT7C. :; C- THE CITY COL::CIL 07 THE CITY 07 ROSEMEAD PROVIDING REVENUE SHARING CREDIT F03 CO:. -:TY LIB .� Y T �*XES PAID BY CITY PROPcR.Y C:-:::ERS BY ELIMINATING E \ISTI` :G T C A_'D ESTABLISHI \G A TAX IN PLACE T'iaREOF. '1 TdiEREAS, the State and Local Assistance Act of 1972 h provides Federal "Revenue Sharing" funds to cities based on i a formula that utilizes the total amount of eligible taxes .. collected by a local government as one of the primary bases for allocation; and W EREAS, under said formula, cities whose residents pay taxes to certain special service districts do not receive . "revenue sharing" credit for such taxes, and WHEREAS,-the State Legislature has adopted Assembly Bill 1588 (adding Revenue and Taxation Code Section 2167.1) which creates a mechanism through which cities can now get revenue sharing credit for the property takes paid to the Los Angeles County Free Library, and ` WHEREAS, by availing itself of the benefits s authorized by Assembly.Bill 1588,.the city will substantially increase its revenue sharing receipts and thereby increase the -level of municipal services available without the necessity of any additional taxation. NOW,'THEREFORE, the City "Council of the City of , ..,Rosemead does resolve as, follows: .. 1 . 1 a Sect-_'o- 1. Pursuant to Rcvennc and Taxation Code Section 2167.1(a), the City Council or. the City of Rose- mead, a city encc-passed entirely x•:ithin the territory of the hereirafta- s_acifieac: district, hereby elects to pay to the'Los Angeles County. Free Library an amount of money equal to t:.e am. ount the Library vould derive from ' the imposition of its tax on all property within the ' incorporated limits of the city. Such payment to be in lieu of the imposition of the Library tax within the �.' boundaries of the city. _ Section 2 Pursuant to Revenue and Taxation Code, Section 2167.1(b), the City Council of the City of Rose- Code, the funds necessa. to mead, in order to a '"y - • make the payments referred to in Section 1 of this Resolu- IC�. es a city tax :rata for fiscal year tion, hereby..establish . 1973 -74 in an a_ount equal to the amount of the rate set by �!.. the Board of Supervisors of the County. of Los A*�geles for the Los Angeles County, Free Libra y,for the 1973- 74.A.. l year. `:The revenue from such tax to be utilized solely for the payments described in Section 1 hereof. Section 3. The City Council of the City of Rosemead hereby requests that the Countj Tax Collector list the Los !t1 An Ccunty Free Library on the property tax bill or on an accompanying statem-ent, clearly. indicating that the city. has elected to include the cost of the special district 1 service in a city tax rate rather than have the Library impose the tax. This Resolution shall serve as direction and authorization to.the County Auditor to transfer, the monies collected pursuant to Section 2 of this Resolution . r r. -2 _•_ _'",'._"': r, -1 1 I -r1 m,I I r r T:• 111' f I _ ' ' 1 ri r r i. I `•r r' r F'lli . tt r I�''i I I l AFFIDAVIT OF POSTING STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES ) SS: CITY OF ROSEMEAD ) /7 being f i r s t du y sworn, �. depose /and say: T/h"at� —Y now, an�dv at all. times herein mentioned was, the �0r ,r, of ar:d for the City of Rosemeadl, County of.iLos Angeles, State of. California, State of California; that on the __day of t�/���F�, 19 �%•3 , Z posted a true and correct copy o /fl a copy of which is attached hereto and made a part hereof, at each of the three public places specified in Section 2800 of the Rosemead City Code, pursuant to Section 36933 of the California Government Code, there be rg no adjudicated newspaper of general circulation published and circulated in the City of Rosemead, that said posting was completed on the 6 day of t , 19 '/ n 5,,and that a total number of copies by law of said re so posted. 1 DECLARE UNDER PENALTY OF PERJURY THAT THE FOREGOING 1S TRUE AND CORRECT. n Executed on the day of , 19 at Rosemead, County of Los Angeles, State of California. 0 BOARD OF SUPERVISORS Hall of Administration 500 W. Temple St. Los Angeles, Ca. 90012 0 & CHAIRMAN SCHABARUM Room 856 Copy of Ordinance 361 each... Deliver one to Arthur G. Will (explaining that it is for meeting) Room 711 Deliver Mr. Schabarum's to Hugh Dynes personally... Room 856 Mr. Edward Guerrero, Chief ** Auditor Controller - Tax Division Copy of Resolution No. 73 -88 Hall of Administration 500 W. Temple St. Rm. 153 L.A.. Ca. 90012 Mark H. Bloodgood Copy of Ordinance 361 and County Auditor - Controller Resolution No. 73 -88 Hall of Administration Room 525 Philip E. Watson, County Assessor Hall of Administration Copy of Resolution 73 -88 Room 320 I, Ralph Levy , Administrative Assistant of the City of Rosemead hereby certify that I personally delivered the above copies of Ordinance No. 361 and Resolution No. 73 -88 on August 31, 1973... F' V/ al h L y Administrative Asst 8/31/73