HomeMy WebLinkAboutResolution 1981 - 0203(~
RESOLUTION NO.81-203-7
APPROVING EXCHANGE OF PROPERTY TAX REVENUES FOR
ANNEXATION NO.98 -PETERS CANYON
A RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY
SANITATION DISTRICT NO.7,PURSUANT TO REVENUE
AND TAXATION CODE SECTION 99.1,APPROVING AN
AGREEMENT FOR THE EXCHANGE OF PROPERTY TAX REVENUE
FOR THAT CERTAIN PROPERTY PROPOSED TO BE ANNEXED
TO THE DISTRICT DESCRIBED AS ANNEXATION NO.98 -
PETERS CANYON
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WHEREAS,Section 99.1 of the Revenue and Taxation Code
requires that all affected local agencies shall participate
in the exchange of property tax revenues regarding territory
affected by a jurisdictional change,which change will result
in a special district providing one or more services to an
area where such services have not been previously provided
by any local agency;and,
WHEREAS,the Irvine Company has filed a petition with
the District for annexation of appro’ximately 66.774 acres to
the District,which property has not previously received
sewer service from any local agency;and,
WHEREAS,said petition has been reviewed by the District
and designated as Annexation No.98 -Peters Canyon,and is
found to be a logical extension of the service boundaries of
the District;and,
WHEREAS,the County of Orange and County Sanitation
District No.7 of Orange County have reached an agreement pur
suant to Revenue and Taxation Code Section 99.1.
NOW,THEREFORE,the Board of Directors of County Sani
tation District No.7 of Orange County,California,
DOES HEREBY RESOLVE,DETERMINE AND ORDER:
Section 1 That the District will be extending service
to the territory proposed to be annexed to the District con
sisting of approximately 66.774 acres and described as
Annexation No.98 -Peters Canyon,and which has been the
subject of a negotiated agreement between the County of
Orange and County Sanitation District No.‘7 for an exchange
of the property tax revenue for said property.
Section 2 That the ag~eement between the District and
the County of Orange is hereby approved,which agreement
provides for the District to receive a portion of the property
tax increment based on the following revenue factors for each
of the designated tax rate areas:
TRA 76—009 .02349021120
TRA 76—059 .08573307412
PASSED AND ADOPTED at a regular meeting held this 9~h
day of December,1981.
—2—
STATE OF CALIFORNIA)
SS.
COUNTY OF ORANGE
I,J.WAYNE SYLVESTER,Secretary of the Board of Directors of County
Sanitation District No.7 of Orange County,California,do hereby certify that
the foregoing Resolution No.81—203—7 was passed and adopted at a regular
meeting of said Board on the 9th day of December,1981,by the following
vote,to wit:
AYES:Richard Edgar (Chairman),Evelyn Hart,Robert Luxembourger,
Bill Vardoulis,James Wahner and Harriett Wieder
NOES:None
ABSENT:Don Smith
IN WITNESS WHEREOF,I have hereunto set my hand and affixed the official
seal of County Sanitation District No.7 of Orange County,California,this
9th day of December,1981.
J.Wayne ~Secretary
Board of/Dir~Ø’c,~ors of County
S itat~.on ~j~trict No.7
f OrM~(ge County,California