Loading...
RES-7881 Agreeing to a Redistribution of Property Taxes for Annexation No. 400RESOLUTION NO. 7881 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ORANGE AGREEING TO A REDISTRIBUTION OF PROPERTY TAXES FOR ANNEXATION NOAOO ACRE PLACE/MEADS WHEREAS, four (4) property owners have requested annexation of properties situated on the north and south sides of Acre place, easterly of Meads Avenue in the Orange Park Acre area; 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 NoAOO Acre Place/Meads 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 NoAOO Acre Place/Meads pursuant to the developed provisions of the Master Property Tax Transfer Agreement. ADOPTED this ayor the City of Orang 1991. ATIEST: d~~ City Clerk 0 e Ci 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 10th day of September , 1991, by the following vote: AYES: COUNCILMEMBERS: STEINER, BARRERA, MAYOR BEYER, COONTZ SPURGEON NOES: COUNCILMEMBERS: NONE ABSENT: COUNCILMEMBERS: NONE C' ~~ t(& r-~ranV' 4~~ Ity er 0 t Ity Reso.7881 2-