HomeMy WebLinkAboutCC RES 87-108' 2
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RESOLUTION NO. 87-108
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
FAIRHAVEN ANNEXATION N0.I44
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 g9(d) of the Revenue and Taxation Code of the State of
Calt forni a; and
WHEREAS, the City Council of Tustin has proposed the annexation of
the inhabited and developed area known as Fatrhaven Annexation No. 144.
,
NOW, THEREFORE BE IT RESOLVED, by the City Council of the City of
Tustln 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 Fatrhaven Annexation No. 144 to the City of Tusttn for the
annexation of 160.28 acres as substantially developed property.
· adiourned
PASSED AND ADOPTED at an/he~ular meeting of the Tustin City Council
held on the 7th day of October , 1987.
Attest:
.~L~ARY E. WYNN,
City Clerk
R'IdHA'RD B ~'DGAR,
Mayor
MAC'ts
Resolution No. 87-108
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 ~ole number of the mem-
bers of the City Council of the City of Tustin is five; that the above and
foregoing Resolution No. 8.7-108 was duly and regularly introduced, passed and
adopted at an adjourned regul'~r meeting of the City Council held on the 7th
d~ ~f Octob..~r~, 1907, by the fol lowing vote'
~0 AYES · COUNCILPERSONS' Edgar, Hoesterey, Kelly, Kennedy, Prescott
NOES · COUNCILPERSONS. None
]] ABSENT- COUNCILPERSONS' None
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MARY E. WYNN, City Clerk
City of Tustin, California
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