Resolution No. 4023RESOLUTION NO 4023
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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 district; and
WHEREAS the County of Orange has notified the City that
$725 929 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 December 9 1991 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 (26 17%) be allocated to the
Street Lighting District No 2
2 That the remaining $535 929 (73 83%) 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 9th day of December
1991
Scot 46W
MAYOR OF THE CITY OF CYPRESS
ATTEST
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CITY CLERK OF THE CITY OF CYPRESS
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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 the said City Council held on the 9th day of
December 1991 by the following roll call vote
AYES 5 COUNCIL MEMBERS Age, Bowman, Kerry Nicholson
and Partin
NOES 0 COUNCIL MEMBERS None
ABSENT 0 COUNCIL MEMBERS None
CLERK
CITY 0
TY OF CYPRESS