HomeMy WebLinkAboutCC RES 86-11910
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RESOLUTION NO. 86-119
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 RANCHWOOD/BELLEWICK ANNEXATION NO. 138
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 dated October 28, 1980, has been executed by the
Board of Supervisors of Orange County and the City Council of the city of
Tustin providing for division of property taxes pursuant to Section 99(d)
of the Revenue and Taxa ti on 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 Ranchwood/Bellewick Annexation
No. 138.
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 THEm 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
entered into on November 18, 1980, shall be applicable to the territory
within the proposed Ranchwood/Bellewick Annexation No. 138 to the city of
Tustin for the annexation of 20.017 acres as substantially developed
.
property.
PASSED AND ADOPTED 8tl a regular meeting of the Tustin City Council
held on the 6th day of October , 1986.
,1, _ , l~. , ,
·
'DO~ALDMayor J~L~FARELLI,
Attest'
MARY E e~NN, ~
City Ci
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 l~oregoing
Resolution No. 86-119 was duly and regularly introduced, passed and adopted at a
regular meeting~e City Council held on the 6th day ~of October,1986, by the
fol 1 owing vote-
AYES · COUNCILPERSONS' Edgar, Hoesterey, Kelly, Kennedy, Saltarelli
NOES · COUNCILPERSONS' None
ABSENT' COUNC ILPERSONS' None
MARY E. WY~ City Cl~rk
City of Tusti n, Cal i forni a