Resolution No. 2719361
RESOLUTION NO. 2719
A RESOLUTION OF THE C[fY 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 revenues of special districts;
and
WHEREAS, the County of Orange has notified the City that $696,283 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 November 28, 1983, to receive input on the
determination of allocating the Special District Augmentation Fund.
NOW, THEREFORE, BE 1T RESOLVED by the City Council of the City of
Cypress:
1. 'That the first .$190,000 (27.29%) be allocated to the Cypress
Street Ligliting District No. 2;
2. That the remaining $506,283 (72.71%) 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 28th day of November 1983.
ATTEST:
CITY CLERK OF T
E CITY/OFCYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
SS
I, DARRELL ESSEX, City Clerk of the City of Cypress, D0 HEREBY CERTIFY
that the foregoing Resolution was duly adopted at a regular meeting of the
said City Council held on the 28th day of November 1983; by the following
roll call vote:
AYES: 4 COUNCIL MEMBERS:
NOES: 0 COUNCIL. MEMBERS:
ABSENT: 1 COUNCIL MEMBERS:
Kanel, Lacayo, Mullen, and Partin
None
Coronado
CITY CLERK OF THE t:d'TY OF CYPRESS