HomeMy WebLinkAboutCC RES 87-30RESOLUTION NO. 87-30
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/BROWNING ANNEXATION NO. 140
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
Cali forni a; and
WHEREAS, the City Council of Tustin has proposed the annexation of
the inhabited and developed area known as La Colina/Browning Annexation
No. 140.
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/Browning Annexation No. 140 to the City of Tustin
for the annexation of 389.9 acres as substantially developed property.
PASSED AND ADOPTED at a regular meeting of the Tustin City Council
held on the 2nd day of March , 1987.
Attest:
City Cier~
MAC'pef
~RiCHARD B EDGAR
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. 87-30 was duly and regularly introduced, pa~sed and adopted at a
,..
regular meeting of the City Council held on the 2nd_ day of March, 1987, by the
fol 1 owl ng vote'
AYES ·
NOES ·
ABSENT'
COUNC ILPERSONS'
COUNC ! LPERSONS ·
COUNC ILPERSONS'
Edgar, Hoesterey, Kelly, Kennedy, Sal tarel 1 i
None
None
City of in, Cali rnia
' m I ~m' m m~mmm m ~ m , ~ ' ~ m~l'~ . m m I m mi ~~