As used in this chapter:
"Annexation"means the extension of the boundaries of a city by attachment of unincorporated territory; or inclusion, addition or attachment of territory to a city.
"Local agency formation commission (LAFCO)"is a state-authorized body which is charged with reviewing and approving, disapproving or conditionally approving proposals for incorporation of cities, boundary changes, annexation of territory and formation of special districts. Each county has its own LAFCO.
"Sphere of influence"means a geographical area which logically and in all probability will be within the ultimate physical boundaries and service area of the city; the sphere of influence is also the plan adopted and approved by the local agency formation commission (LAFCO) after a public hearing.
"Tax transfer resolution"means a resolution adopted jointly by the city and the Los Angeles county board of supervisors, or resolutions adopted by each whereby each agency accepts an agreed-upon exchange of property tax revenues in the proposed annexed territory.
(Ord. 854 § 2, 1993)