Resolution No. 2301096
RESOLUTION NO 2301
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS
ALLOCATING SPECIAL DISTRICT AUGMENTATION FUND
d 36(
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 $564,935 is avail-
able 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 September 22, 1980, 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 $227,000 (40 2%) be allocated to the Cypress Street
Lighting District No 2,
2 That the remaining $337,935 (59 8%) be allocated to the Cypress Recrea-
tion and Park District
PASSED AND ADOPTED by the City Council of the City of Cypress at a regular
meeting held on the 22nd day of September 1980
ATTEST
46444V
CITY CLERK 0 THE CITY OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
MAYOR OF THE CIT OF CYPRESS
I, DARRELL ESSEX, City Clerk of the City of Cypress, DO HEREBY CERTIFY that
the foregoing Resolution was duly adopted by the said City Council at a regular
meeting held on the 22nd day of September, 1980, by the following roll call vote*
AYES* 4 COUNCIL MEMBERS
NOES: 0 COUNCIL MEMBERS:
ABSENT 1 COUNCIL MEMBERS
Lacayo, Mullen, Rowan and Evans
None
Coronado
CITY CLERK F THE CITY OF CYPRESS