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Resolution No. 2355P A RESOLUTION NO 2355 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS PERTAINING TO PROPERTY TAX ALLOCATION FOR ANNEXATION NO 79-1 WHEREAS, certain property was annexed to the City of Cyp the provisions of Resolution No 2093 known as Annexation No WHEREAS, as a part of the approval of said annexation by Formation Commission it was determined that a detachment was Cypress County Water District, and ress pursuant to 79-1, and the Local Agency required from the WHEREAS the County of Orange has determined that a tax reallocation is required in conjunction with the above -referenced detachment NOW THEREFORE, THE CITY COUNCIL OF THE CITY OF CYPRESS AS FOLLOWS SECTION 1 Pursuant to Section 99(b) of the Revenue and the State of California, the City of Cypress hereby requests tax revenues which would have accrued pursuant to Revenue and Section 97 5, to the Cypress County Water District within the to the City of Cypress had it remained within said district to the City of Cypress, to commence in the first fiscal year tion is effective for tax purposes as provided in Government and continuing each year thereafter DOES HEREBY RESOLVE Taxation Code of that all property Taxation Code territory annexed shall be reallocated in which the annexa - Code Section 54902 SECTION 2 That this resolution be transmitted to the Board of Supervisors of the County of Orange and the Board be requested to adopt a resolution approving the foregoing tax reallocation and to notify the Executive Officer of the Local Agency Formation Commission and the Auditor -Controller of the County of Orange of the Board's determination in this regard PASSED AND ADOPTED by the City Council of the City of Cypress at a regular meeting held on the 9th day of March 1981 La,c46.(112aateAt MAYOR OF THE CITY OF CYPRESS ATTEST CLERK 0 H�� Y CITY 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 said City Council held on the 9th day of March 1981, by the following roll call vote* AYES. NOES: ABSENT 5 COUNCIL MEMBERS: 0 COUNCIL MEMBERS: 0 COUNCIL MEMBERS Coronado, Lacayo, Mullen, Rowan and Evans None None r CLERK O�THE C Y CITY OF CYPRESS