HomeMy WebLinkAboutCC RES 87-110RESOLUTION NO. 87-110
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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
SEVENTEENTH STREET/LAURINDA WAY ANNEXATION NO. 146
WHEREAS, a MASTER PROPERTY TAX TRANSFER AGREEMENT BETWEEN THE COUNTY
0 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 agreenmnt provides for division~ of property' taxes
8 pursuant to Section gg (d) of the Revenue and Taxation Code of the State of
Calt forni a; and
9
WHEREAS, the City Council of Tustin has proposed the "island"
10 annexation of the inhabited and developed area known as Seventeenth
Street/Laurinda Way Annexation No. 146...
11
NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of
19. 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
12 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
1~ ef. fective November 18, 1980, shall be applicable to the territory within
the proposed Seventeenth Street/Laurinda Way Annexation No. 146 to the City
15 of Tustin for the annexation of 8.9 acres as substantially developed
property.
17
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19
adjourned
PASSED AND ADOPTED at m/regular meeting of the Tustin City Council
held on the 7th day of October , 1987.
. :L-.-s.~ ~cy-z.~
22 [~ ~ary E', wynn '" ,
~1 ~ -City Clerk
27 "
." '
Ri~6hard B .... Edgar"
Mayor
10
20
Resolution No. 87-110
Page Two
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 mem-
bers of the City Council of the City of Tustin is five; that the above and
foregoin§ Resolution No. 8,7-11,0 was duly and regularly introduced, passed and
adopted at an adj'ourned regular meeting of the City Council held on the ?t~
~ ~ ~c~;o,~er,.. 1~,8,?. by the following vote'
AYES · COUNCILPERSONS' Edgar, Hoesterey, Kelly, Kennedy, Prescott
NOES · COUNCILPERSONS' None
ABSENT' COUNCILPERSONS' None
City of Tustin, California