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HomeMy WebLinkAbout00-40 - Application of the Master Property Tax Transfer AgreementRESOLUTION NO. 00 -40 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 CEFALIA ANNEXATION, LOCAL AGENCY FORMATION COMMISSION (LAFCO) APPLICATION NO. CA 99-12, ASSESSOR PARCEL NO. 426-221-34). THE CITY COUNCIL OF THE CITY OF COSTA MESA DOES HEREBY RESOLVE AS FOLLOWS: WHEREAS, an application was filed by Joseph Cefalia, owner of real property at 2087 Garden Lane, Assessor Parcel No. 426-221-34, requesting annexation of said property to the City of Costa Mesa; and WHEREAS, Section 99(b) of the Revenue and Taxation Code requires jurisdictions involved in any jurisdictional change to agree to a property tax redistribution prior to the change becoming complete; and WHEREAS, the City of Costa Mesa and the County of Orange have agreed to a Master Property Tax Transfer Agreement dated October 28, 1980, establishing a formula for said redistribution; and WHEREAS, Assessor Parcel No. 426-221-34 does 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 Assessor Parcel No. 426-221-34 pursuant to the "undeveloped" provisions of the Master Property Tax Transfer Agreement. PASSED AND ADOPTED this 5th day of June, 2000 ATTEST: J• Deputy City Cler f the City of Costa Mesa STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss CITY OF COSTA MESA ) Mayo the ity of Costa Mesa APPROVED AS TO FORM ��' _':�Z-w I W/'A/vvx I TN�&Tb FfNE I, MARY T. ELLIOTT, Deputy City Clerk and ex -officio Clerk of the City Council of the City of Costa Mesa, hereby certify that the above and foregoing Resolution No. 00-46 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof, held on the 51h day of June, 2000. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the Seal of the City of Costa Mesa this 6th day of June, 2000. Deputy Cit Clerk and ex -officio Clerk of the City C u cil of the City of Costa Mesa