RES-7796 Agreeing to a Redistribution of Property Taxes for Annexation No. 393 Fairhaven Islands - Area CRESOLUTION NO. 7796
A RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF ORANGE AGREEING TO A REDISTRIBUTION
OF PROPERTY TAXES FOR ANNEXATION NO. 393
FAIRHA VEN ISLANDS - AREA C).WHEREAS,
property owners and registered voters have requested annexation of
an area located northerly of Fairhaven Avenue between Laurinda Lane and Prospect Avenue
known as Fairhaven Islands - Area C; 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. 393 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, 393 pursuant to
the developed provisions of the Master Property Tax Transfer Agreement,ADOPTED this
23rd day of ADril 1991.ATTEST:44,../ ()..&~~~ -
CIty
Clerk
of
t~ity of rJI!'t'&' -
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 April , 1991, by the following vote:
AYES: COUNCILMEMBERS: STEINER,BARRERA,MAYOR BEYER,COONTZ,
SPURGEON
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
A-'~~-L~ aH~~<I~--City
Clerk of the"ity of g~Reso.
7796 2 -