RES-7879 Agreeing to Redistribution of Property Taxes for Annexation No. 395RESOLUTION NO. 7879
A RESOLUTION OF THE CITY COUNCIL OF
THE CITY OF ORANGE AGREEING TO A
REDISTRIBUTION OF PROPERTY TAXES FOR
ANNEXATION NO. 395 GLEN ARRAN LANE
WHEREAS, owners of properties in an around Glen Arran Lane have requested
annexation of properties situated on the easterly side of Rancho Santiago Boulevard,
southerly of Santiago Canyon Road and Hewes Street; 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. 395 Glen Arran Road 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. 395
Glen Arran Lane pursuant to the developed provisions of the Master Property Tax
Transfer Agreement.
ADOPTED this 10th 1991.
A'ITEST:
0 tIe;,v-,~
Ci Clerk of City tfYOr#l,e
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 10th
day of September , 1991, by the following vote:
A YES: COUNCILMEMBERS: STEINER, BARRERA, MAYOR BEYER, COONTZ
SPURGEON
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
C;~(.~t,p~
Reso. 7879 - 2 -