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RES-7783 Agreeing to Redistribution of Property Taxes for Annexation No. 398RESOLUTION NO. 7783 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE AGREEING TO A REDISTRIBUTION OF PROPERTY TAXES FOR ANNEXATION NO. 398. WHEREAS, a property owner has requested annexation of property situated on the north side of Amapola Avenue in the Orange Park Acrea area; and WHEREAS, Section 99 (b) of the Revenue and Taxation Code requires jursidictions involved in any jurisdiction change to agree to a property trax redistribution prior to the change becoming complete; and WHEREAS, the City of Orange and the County of Orange have agreed to a Master Porperty Tax Transfer Agreement establishing a formula for said redistribution; and WHEREAS, Annexation No. 398 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. 398 pursuant to the developed provisions of the Master Property Tax Transfer Agreement. ADOPTED this 9th day of April 1991. ATIEST: f~ O~rrN'Y.4L-- City Clerk 0 e Ci6{>f ge 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 9th day of April, 1991, by the following vote: AYES: COUNCILMEMBERS: STEINER, BARRERA, MAYOR BEYER, COONTZ,SPURGEON NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE Fh~~ {J W~A1 City Clerk 0 e Cita OraJ{ge