Resolution No. 301459
RESOLUTION NO. 3014
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 districts; and
WHEREAS, the County of Orange has notified the City that $761,778 is
available for the Council's consideration in determining the allocation to
subsidiary special districts; and
WHDI. a public hearing has been duly advertised and held during the
regular City Council meeting of F vember 25, 1985, 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 (24.94 %) be allocated to the Cypress Street
Lighting District No. 2;
2. That the remaining $571,778 (75.06 %) 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 25th day of November, 1985.
ATTEST:
A/
CITY CLERK OF THE CI 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 at a regular meeting of the said City
Council held on the 25th day of November, 1985; by the following roll call
vote:
AYES: 5 COUNCIL MEMBERS: Coronado, Kanel, Mullen, Partin and Lacayo
NOES: 0 COUNCIL MEMBERS: None
ABSENT: 0 COUNCIL MEMBERS: None
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CITY CL 1°
THE QITY OF CYPRESS