RES-8160 Redistribution of Property Taxes for Annexation No. 404RESOLUTION NO. 8160
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF ORANGE AGREEING TO A
REDISTRIBUTION OF PROPERTY TAXES
FOR ANNEXATION NO. 404 - ORANGE PARK
ACRES WHEREAS,
a private property owner at 19710 Santiago Canyon Road has requested
annexation of his property which is located southerly of Santiago Canyon Road
and westerly of Frank Road; and WHEREAS,
Section 99 (b) of the Revenue and Taxation Code requires jurisdictions
involved in any jurisdiction change to agree to a property tax redistribution prior
to the change becoming complete; and WHEREAS,
the City of Orange and the County of Orange have agreed to a Master
Property Tax Transfer Agreement establishing a formula for said redistribution;and
WHEREAS,
Annexation No. 404 - Orange Park Acres does meet the criteria for a developed
Annexation as described in the Master Property Tax Transfer Agreement;NOW, THEREFORE,
BE IT RESOLVED that the City Council of the City of Orange does
hereby agree to a redistribution of property tax for Annexation No. 404 -Orange Park Acres
pursuant to the developed provisions of the Master Property Tax Transfer Agreement.ADOPTED
this .2.
kd day of March 1993.L ATTEST:hu~~~
cJ,
W~~
City Clerk of
e o(.6range
I hereby certify that the foregoing Resolution was duly and regularly adopted by
the City Council of the City of Orange at a regular meeting thereof held on the 23rd
day of March . 1993, by the following vote:
AYES:COUNCILMEMBERS: SPURGEON, MAYOR BEYER,
BARRERA, COONTZ
NOES:COUNCILMEMBERS NONE
ABSENT:COUNCILMEMBERS NONE
JwA'-( ~~ ~.. ~.-;?f'4"/~CityClerk
of t City r~e RESO.8l60
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