HomeMy WebLinkAboutCC RES 89-07
RESOLUTION NO. 89-7
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 HOLT AVENUE/NORTH OF WARREN
ANNEXATION NO. 147.
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 has been executed by the Board of Supervisors of
Orange County and the City Council of the City of Tustin. Effective
November 18, 1980, the agreement provides 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 Tustln has proposed the annexation of
the inhabited and developed area known as Holt Avenue/North of Warren
Annexation No. 147.
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 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
effective November 18, 1980, shall be applicable to the territory within
the proposed Holt Avenue/North of Warren Annexation No. 147 to the City of
Tustin for the annexation of 3.441 acres as substantially developed
property.
PASSED AND ADOPTED at an adjourned regular meeting of the Tustin City
Council, held on the 6th day of February, 1989.
IC~ ty. C l ~c]k
urSUla E. Kennedy,
Mayor
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) §
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. 89-'7 was duly and regularly introduced, passed and adopted at a
regular meeting of the City Council held on the 6th day of February, 1989, by the
following vote- -
AYES - COUNCILPERSONS- Kennedy Edgar, Hoesterey, Kelly, Prescott
NOES - COUNCILPERSONS- None
ABSTAINED- COUNCILPERSONS- None
ABSENT- COUNCILPERSONS- None
MARY
City of T(~stin, CaTtfornia