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HomeMy WebLinkAboutCC RES 86-099.i RESOLUTION NO. 86-99 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF TUSTIN, CALIFORIA, CONFIRMING THE APPLICATION OF THE MASTER PROPERTY TAX TRANSFER AGREEMENT TO THE PROPOSED DIAMOND HEAD/GARLAND ANNEXATION NO. 137 WHEREAS, a MASTER PROPERTY TAX TRANSFER AGREEMENT BETWEEN THE COUNTY OF ORANGE AND THE CITY OF TUSTIN TO PROVIDE FOR PROPERTY TAX EXCHANGE IN o 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 Diamond Head/Garland Annexation No. 137. 10 NOW, THEREFORE BE IT RESOLVED, by the City Council of the city of Tustin that the MASTER PROPERTY TAX TRANSFER AGREEMENT BETWEEN THE COUNTY 11 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 1~ revenues, as approved by the Board of Supervisors and the City Council and entered into on Novembner 18, 1980, shall be applicable to the territory 12 within the proposed Diamond Head/Garland Annexation No. 137 to the city of Tu.stin for the annexation of 26.936 .acres as substantially .developed 1~ property. · 15 16 17 18 19 PASSED AND ADOPTED at a regular meeting of the Tustin City Council held on the ... 18th day of August, 1986. DONALD ~ALTARELL I, Mayor ~0 Attest' 21 City ~3 25 26 27 28 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 l~ive; that the above and foregoing Resolution No. 86-99 was duly and regularly introduced, passed and adopted at a regular ~eting of'~the City Council held on the 18th day of August, 1986, by the fol 1 owing vote' AYES · NOES · ABSENT' COUNC ILPERSONS' COUNC ILPERSONS' COUNC I LPERSONS · IEdgar, Hoesterey, Kelly, Kennedy, Saltarelli None None MARY' 'E .~'~'N'N ~ rk' ', C'i~ Cie City of'Tustin, California