SPECIAL REORGANIZATION OF THE HOLLYWOOD AREA OF THE CITY OF LOS ANGELES. Shall the order adopted July 26, 2002, by the Local Agency Formation Commission, ordering the detachment of Hollywood from the City of Los Angeles and the incorporation of the entire detached territory as a general law city be confirmed, subject to such terms and conditions, including the establishment of a provisional appropriations limit for the new city of $214.3 million, the requirement that the new city continue to levy all previously authorized and collected charges, fees, assessments and general or special taxes collected by the City of Los Angeles within the Hollywood area, except as prohibited by law, and that the new city make annual fiscal mitigation payments to the City of Los Angeles of $21,320,000 adjusted for inflation and reduced by 5 percent per year for a total of 20 years, which payments the Local Agency Formation Commission has determined represent the difference between the revenue collected in the Hollywood area by the City of Los Angeles in fiscal year 2000-01 over and above the amount expended by the City of Los Angeles in the Hollywood area in 2000-01, all as more particularly described and set forth in the order?