RES-8172 Agreeing to Redistribution of Property Taxes for Annexation No. 405RESOLUTION NO, 8172
A RESOLUTION OF THE CITY COUNCIL
OF THE CITY OF ORANGE AGREEING
TO A REDISTRIBUTION OF PROPERTY
TAXES FOR ANNEXATION NO. 405 -BIXBY -
PALM WHEREAS.
private property owners at 8582 Palm Avenue have requested annexation
of their property which is located southerly of Bixby Avenue and easterly of Palm
Avenue; 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, 405 - Bixby - Palm 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. 405 -Bixby - Palm pursuant to
the developed provisions of the Master Property Tax Transfer Agreement ADOPTED this 27th day
of
Aoril 1993,
ATTEST:
BY:
MARII,YN J. JENSEN. CMC.
City Clerk of the City of Orange
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 27th
day of Aoril . 1993 by the following vote:
AYES:COUNCILMEMBERS:SPURGEON. BARRERA. MAYOR BEYER. COONTZ. MURPHY
NOES:COUNCILMEMBERS:NONE
ABSENT:COUNCILMEMBERS:NONE
MARILYN J. JENSEN, CMC
City Clerk of the City of Orange
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DEPUTY CITY CLER
Reso No. 8172 2-pss