HomeMy WebLinkAboutResolution No. 3298210
RESOLUTION NO. 3298
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS,
CALIFORNIA, CONFIRMING THE APPLICATION OF THE MASTER
PROPERTY TAX TRANSFER AGREEMENT TO THE PROPOSED
FOREST LAWN MUNICIPAL REORGANIZATION NO. 105.
WHEREAS, a MASTER PROPERTY TAX TRANSFER AGREEMENT BETWEEN
THE COUNTY OF ORANGE AND THE CITY OF CYPRESS TO PROVIDE FOR
PROPERTY TAX EXCHANGE IN AREAS ANNEXED BY THE CITY has been
executed by the Board of Supervisors of Orange County and the City
Council of the City of Cypress. Effective December 9, 1980, the
agreement provides for division of property taxes pursuant to
Section 99(d) of the Revenue and Taxation Code of the State of
California; and
WHEREAS, the Forest Lawn Company proposes the annexation of
an uninhabited 1.9 acre parcel recently transferred from Los
Angeles County to Orange County, to the City of Cypress.
NOW, THEREFORE, BE IT RESOLVED by the City Council of the
City of Cypress that the MASTER PROPERTY TAX TRANSFER AGREEMENT
BETWEEN THE COUNTY OF ORANGE AND THE CITY OF CYPRESS TO PROVIDE
FOR PROPERTY TAX EXCHANGE IN AREAS ANNEXED BY THE CITY providing
for the allocation of property tax revenues, as approved by the
Board of Supervisors and the City Council and effective December
9, 1980, shall be applicable to the territory within the proposed
Forest Lawn Reorganization No. 105 to the City of Cypress for the
annexation of 1.9 acres as substantially undeveloped property.
PASSED AND ADOPTED by the City Council of the City of
Cypress at a regular meeting held on the 14th day of September
1987.
ATTEST:
CIq`Y C`�LRK OF THE CITY CYPRESS
STATE OF CALIFORNIA
COUNTY OF ORANGE
SS
•
(Mavor Pro Tem )
MAYOR OF THE CITY OF CYPRESS
I, DARRELL ESSEX, City Clerk of the City of Cypress, DO
HEREBY CERTIFY that the foregoing Resolution was duly adopted at a
regular meeting of the said City Council held on the 14th day of
September 1987; by the following roll call vote:
AYES: 4 COUNCIL MEMBERS: Arnold, Coronado, Mullen and Davis
NOES: 0 COUNCIL MEMBERS: None
ABSENT: 1 COUNCIL MEMBERS: Kanel
CITY CL RK F CHE CITY/OF CYPRESS