HomeMy WebLinkAboutCC RES 85-50
RESOLUTION NO. 85- 50
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 LAGUNA-TUSTIN EAST ANNEXATION NO. 135
TO THE CITY OF TUSTIN
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
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WHEREAS, the City Council of Tustin has proposed the annexation of
the inhabited and developed area known as Laguna-Tustin East Annexation
No. 135.
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
entered into on November 18, 1980, shall be applicable to the territory
· within the proposed Laguna-Tustin East Annexation No. 135 to the city of
Tustin for the annexation of + 59.1 acres as substantially developed
property. -
PASSED AND ADOPTED at a regular meeting jf the Tustin City Council
held on the 20th day of May, 1985.
FRAN-K -H'. 'GREINK'E', ..... --
Mayor
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Attest'
MARY E KYNN,
City Clerk
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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 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. 85-50 was'duly and regularly introduced, passed and adopted at a
regular meeting of' the City Council held on the 20th day of May, 1985, by the
following vote'
AYES · COUNCILPERSONS- Edgar, Greinke, Hoesterey, Kennedy, Saltarelli
NOES · COUNCILPERSONS' None
ABSENT' COUNCILPERSONS' None
MARY E. WYNN~._~]~itY C-ler~k\"~'-~' ~" ' ' '
City of Tustin, California