HomeMy WebLinkAboutResolution No. 3334RESOLUTION NO. 3334
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
ALLOCATING SPECIAL DISTRICT AUGMENTATION FUND.
WHEREAS, Revenue and Taxation Code, Section 98.6,
established a Special District Augmentation Fund to augment the
tax revenue of special district; and
WHEREAS, the County of Orange has notified the City that
$700,051 is available for the Council's consideration in
determining the allocation to subsidiary special districts; and
WHEREAS, a public hearing has been duly advertised and
held during the regular City Council meeting of December 14,
1987, to receive input on the determination of allocating the
Special District Augmentation Fund.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Cypress:
1. That the first $190,000 (27.14 %) be allocated to the
Street Lighting District NO. 2;
2. That the remaining $510,051 (78.86 %) be allocated to
the Cypress Recreation and Park District.
PASSED AND ADOPTED by the City Council of the City of
Cypress at a regular meeting held on the 14th day of December,
1987.
OR OF THE CITY OF CYPRESS
ATTEST:
CITY CLER ''OF THE/CITY OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
I, DARRELL ESSEX, City Clerk of the City of Cypress, DO
HEREBY CERTIFY that the foregoing Resolution was duly adopted a
regular meeting of the said City Council held on the 14th day of
December 1987, by the following roll call vote:
AYES: 5 COUNCIL MEMBERS:
NOES: 0 COUNCIL MEMBERS:
ABSENT: 0 COUNCIL MEMBERS:
Coronado, Davis, Kanel,
Mullen and Arnold
None
None
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CITY CLE1
K OF THE CITY OF CYPRESS
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