HomeMy WebLinkAboutCC RES 85-08
RESOLUTION NO. 85-8
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF TUSTIN, CONFIRMING THE APPLICATION OF THE
MASTER PROPERTY TAX TRANSFER AGREEMENT TO THE
PROPOSED MEDFORD-GROVESITE ANNEXATION NO. 105.
WHEREAS, a MASTER PROPERTY TAX TRANSFER AGREEMENT BETWEEN THE
COUNTY O~ 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 %he Revenue and Taxation Code of the State of California;
and
WHEREAS, %he City of Tus%in has filed a proposal with %he Local
Agency Formation Commission for the annexation of the territory known as
Medford-Grove$i%e Annexation No. 105 %o the City of Tus%in.
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, l980, shall be applicable to the territory
within the proposed Medford-Grovesite Annexation No. 105 to the City of
Tustin as developed territory.
PASSED AND ADOPTED, at a regular meeting of the City Council of
the City of Tustin on January 21, 1985.
DRs~JL'A 'E.KENNF_"D'Y,"
Mayor
Attest'
Cit¥ Cie
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. 85-8 was duly and regularly introduced, passed and adopted at a
regular meeting of the City Council held on the 21st day, of January, 1985, by the
following vote'
AYES : COUNCILPERSONS: Edgar, Greinke, Hoesterey, Kennedy, Saltarelli
NOES : COUNCILPERSONS: None
ABSENT: COUNCILPERSONS: None
MAR'Y' 'E'. wYNN,- ~iity-clerk/~
City of Tustin,~ CaliforniYa