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Sec. 19.16. Taxation of Annexed Territory.
 
   With respect to territory being annexed pursuant to the Annexation Act of 1913, it is hereby declared that it would be inimical to the best interests of the City of Los Angeles to annex such territory unless the petition presented to the City Council contain a request that the question put to the electors residing therein shall be whether such territory shall be annexed to the City of Los Angeles and whether the property therein shall be subjected to taxation after annexation, equally with the property within the City, to pay the bonded indebtedness of the City outstanding or authorized for the acquisition, construction or completion of any municipal improvements at the date of the first publication of the notice of election.
 
   With respect to territory being annexed pursuant to the Annexation of Uninhabited Territory Act of 1939, property within the annexed territory shall be taxed after annexation, equally with the property within the City, to pay any indebtedness or liability of the City contracted prior to or existing at the time of annexation, and the written consent thereto of the owners of more than two-thirds of the value of the territory proposed for annexation shall be filed with the City Clerk pursuant to Section 35319 of the Government Code.
 
SECTION HISTORY
 
Based on Ord. No. 116,817.
Amended by: Ord. No. 143,133, Eff. 4-14-72.