HomeMy WebLinkAboutResolution No. 3179RESOLUTION NO. 3179
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 $697,979
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 January 12, 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 (27.22 %) he allocated to the Cypress
Street Lighting District No. 2;
2. That the remaining $507,979 (72.78 %) 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 12th day of January, 1987.
ATTEST:
CITY CLERK OF "I1HE CITY
STATE OF CALIFORNIA ) SS
COUNTY OF ORANGE )
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 12th day of January, 1987, by the following
roll call vote:
AYES: 5 COUNCIL MEMBERS: Arnold, Coronado, Davis, Mullen, and Kanel
NOES: 0 COUNCIL MEMBERS: None
ABSENT: 0 COUNCIL MEMBERS: None
CITY CLERK 0 THE CITY OF CYPRESS