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HomeMy WebLinkAboutCC RES 83-23lO ll 13 14 15 17 18 20 24 27 RESOLUTION NO. 83-23 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CONFIRMING THE APPLICATION OF THE MASTER PROPERTY TAX TRANSFER AGREEMENT FOR THE ANNEXATION OF DEVELOPED PROPERTY TO THE CITY OF TUSTIN WHEREAS, A MASTER PROPERTY TAX TRANSFER AGREEMENT BETWEEN THE COUNTY OF ORANGE AND THE CITY OF TUSTIN TO PROVIDE FOR PROPERTY TAX EXCHANGE IN AREAS ANNEXED BY THE CITY dated October 28, 1980, has been executed by the Board of Supervisors of Orange County and the City Council of the City of Tustin providing for division of property taxes pursuant to Section 99{d) of the Revenue and Taxation Code of the State of California; and WHEREAS, the City Council adopted Resolution No. 81-124 on November 11, 1981 determined that the Master Property Tax. Transfer Agreement was applicable to the proposed Newport/¥anderlip Annexation No. 129 to the City of Tustin. NOW, THEREFORE BE IT RESOLVED by the City Council of the City of Tustin that the determination las contained in City Council Resolution No. 81-124 and County Board of Supervisors Resolution No. 81-1740 is re-confirmed whereby the MASTER PROPERTY TAX TRANSFER AGREEMENT BETWEEN THE COUNTY OF ORANGE AND THE CITY OF TUSTIN TO PROVIDE FOR PROPERTY TAX EXCHANGE IN AREAS ANNEXED BY THE CITY providing for the allocation of property tax revenues, as approved by the Board of Supervisors and the City Council and entered into on November 18, 1980, shall be applicable to the territory Within the proposed Newport/Vanderl ip Annexation No. 129 to the City ofI Tustin as developed property. PASSED AND ADOPTED at a regular meeting of the City Council of the City of Tustin on the 21st day of March, 1983 Richard B. Edgar, Mayor/?' ATTEST' 'Mary ~Wynn City Clerk STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) MARY E. WYNN, City Clerk and ex-officio Clerk of the City Council of the City of Tustin, California, does hereby certify that the whole number of the members of the City Council of the City of Tustin is five; that the above and .foregoing Resolution No. 8.3.-23 was duly and regularly introduced, passed and adopt.ed at a regular meeting of the City Council held on the 21st. day of March, 1983, by the following vote: AYES : COUNCILPERSONS: Edgar, Kennedy, Greinke, Hoesterey, Saltarelli NOES : COUNCILPERSONS: None ABSENT: COUNCILPERSONS: None City of Tustin, California .