HomeMy WebLinkAboutCC RES 87-22
RESOLUTION NO. 87-22
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 EVENINGSIDE/RAINBOW ANNEXATION NO. 139
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 Tusttn has proposed the annexation of
the inhabited and developed area known as Eveningside/Rainbow Annexation
No. 139.
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 Eveningside/Rainbow Annexation No. 139 to .the city of Tustin
.
for the annexation of 38.8 acres as substantially developed property.
PASSED AND ADOPTED at a regular meeting of the Tustin City Council
held on the 17th day of February,1987.
Attest'
MARY £. ~Y'N N';'" u
City Clerk
DONALD ~j LTARELL I,
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. 87-22 was duly and regularly introduced, passed and adopted at an
adjourned regular meeting of the City Council held on the 17th day of February,
1987, by the following vote:
AYES · COUNCILPERSONS' Edgar, Hoesterey, Kelly, Kennedy, Saltarelli
NOES · COUNCILPERSONS' None
ABSENT' COUNCILPERSONS' None
MARY E.- ~w~q~_"N", 'C'i ty'~l-e rk .....
City of Tustin, California