Resolution No. 2435344
RESOLUTION NO 2435
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 revenues of
special districts; and
WHEREAS the County of Orange has notified the City that $583,258
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 September 14 1981, 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 $215,000 (36 9%) be allocated to the Cypress
Street Lighting District No 2,
2 That the remaining $368,258 (63 1%) 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 14th day of September 1981.
ATTEST:
/7'1Y4K412()
CITY CLERK OF THE CITY OF CYPRESS
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) SS
MAYOR OF THE CITY OF 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 14th day of September 1981; by the following
roll call vote:
AYES* 3 COUNCIL MEMBERS* Lacayo, Rowan and Mullen
NOES. 0 COUNCIL MEMBERS. None
ABSENT. 1 COUNCIL MEMBERS. Coronado
CITY CL 0 CITY Or* UTeRtbb