HomeMy WebLinkAboutCC RES 87-35RESOLUTION NO. 87-35
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 LA COLINA/BEVERLY GLEN DRIVE ANNEXATION.
NO, 142-
WHEREAS, a MASTER PROPERTY TAX TRANSFER AGREEMENT BETWEEN THE COUNTY
OF ORANG£ AND THE CITY OF TUSTIN TO PRO¥ID£ 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 Tu~tin. Effective
November 18, 1980 the agreement provides for division of property taxes
pursuant to Section 9g(d) of the. Revenue and Taxation Code of the State of
California; and
WHEREAS, the City Council of Tustin has proposed the annexation of
the inhabited and developed area known as La Colina/Beverl¥ Glen Drive
Annexation No. 142.
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 La Colina/Beverly Glen Drive Annexation No. 142 to the City of
Tustin for the annexation of 80 acres as substantially developed property.
PASSED AND ADOPTED at a regular meeting of the Tustin City Council
held on the 16th day of March, 1987.
Attest-
City C1
MAC-pef
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) §
CITY OF TUSTIN )
MARY E. WYNN, City Clerk and ex-officio Clerk 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. 87-35 was duly and regularly introduced,
passed and adopted at a regular meeting of the City Council
held on the 16th day of March, l987 at the following vote:
Saltarelli
AYES · COUNCILPERSONS' Edgar, Hoesterey, Kelly, Kennedy,
NOES -' COUNCILPERSONS' None
ABSENT' COUNCILPERSONS' None
TM _
MARY E. ~N, CitY [~lerk
City of)dstin, California