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HomeMy WebLinkAboutCC RES 89-128 RESOLUTION NO. 89-128 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORNIA, CONFIRMING THE APPLICATION OF THE MASTER PROPERTY TAX TRANSFER AGREEMENT TO THE PROPOSED NEWPORT/WARREN ANNEXATION NO. 149 WHEREAS, a MASTER PROPERTY TAX TRANSFER AGREEMENT BETWEEN THE COUNTY OF ORANGE AND TIlE CITY OF TUSTIN TO PROVIDE FOR PROPERTY TAX EXCHANGE IN AREAS ANNEXED BY THE CITY da ted October 28, 1980, has been executed by :he 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 of Tustin has proposed tt~e annexation of the uninhabited and developed area known as Newport/Warren Annexation No. 149 ,, NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of Tustin that the MASTER PROPERTY TAX TRANSFER AGREEMENT BETWEEN THE COUNTY OF ORANGE AND TilE 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/Warren Annexation No. 1~9 to the city of Tustin for the annexation of 7.826 acres as substantially developed property. PASSED AND ADOPTED at an adjourned regular meeting of the Tustin City Council held on the 5th day of .September , 1989. ~A-~y-~ [~WY~N ~- ............. _ Ci 1;y Clerk URSULA E. KENNEDY, Mayor City of Tustin RESOLUTION CERTIFICATION STATE OF CALIFORNIA ) COUNTY OF ORANGE ) SS CITY OF TUSTIN ) RESOLUTION NO. 89-128 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. 89-128 was duly and regularly introduced, passed and adopted at an adjourned regular meeting of the City Council held on the 5th dAy of September, 1989. by the following vote- COUNCILMEMBER AYES: Kennedy, Edgar, Hoesterey, Kelly, Prescott COUNCILMEMBER NOES: None COUNCILMEMBER ABSTAINED- None COUNCILMEMBER ABSENT: None Valerie Whiteman, Acting Chief Deputy City' cie~ for Mary E. Wynn, City Clerk