HomeMy WebLinkAbout88-96 - Property Tax Transfer for Annexation, 320 E. 21st StreetRESOLUTION NO. 88-96
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
COSTA MESA, CALIFORNIA, CONFIRMING THE APPLICATION
OF THE MASTER PROPERTY TAX TRANSFER AGREEMENT FOR
THE PROPOSED ANNEXATION OF PROPERTY LOCATED AT 320
EAST 21ST STREET.
WHEREAS, the property owner of 1987-88 Assessor Parcel Numbers 426-
161-05, 06, 07, and 08, located at 320 East 21st Street is requesting
annexation to the City of Costa Mesa; and
WHEREAS, Section 99(b) of the Revenue Taxation Code requires juris-
dictions involved in any jurisdictional change to agre to a property tax
redistribution prior to the change becoming complete; and
WHERES, the City of Costa Mesa and the County of Orange have agreed
to a Master Property Tax Transfer Agreement dated October 28, 1980, estab-
lishing a formula for said redistribution; and
WHEREAS, 1987-88 Assessor Parcel Numbers 426-161-05, 06, 07, and 08
do meet the criteria for an "undeveloped" annexation as described in the
Master Property Tax Transfer Agreement;
NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of
Costa Mesa does hereby agree to a redistribution of the property tax for
1987-88 Assessor Parcel Numbers 426-161-05, 06, 07, and 08 pursuant to the
"undeveloped" provisions of the Master Property Tax Transfer Agreement.
PASSED AND ADOPTED this 21st day of November, 1988.
ATTEST:
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City Clerk of the City of Costa 10-sa Mayor of the City of Costa Mesa
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STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF COSTA MESA )
I, EILEEN P. PHINNEY, City Clerk and ex -officio Clerk of the City
Council of the City of Costa Mesa, hereby certify that the above and fore-
going Resolution No. 88-96 was duly and regularly passed and adopted by the
said City Council at a regular meeting thereof, held on the 21st day of
November, 1988.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal
of the City of Costa Mesa this 22nd day of November, 1988.
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C ty Clerk and ex -officio Clerk of
City Council of the City of Costa sa