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HomeMy WebLinkAboutResolution 1983 - 0130RESOLUTION NO.83—130-7 APPROVING NEGOTIATED AD VALOREM TAX ALLOCATION EXCHANGE WITH IRWD RE ANNEXATION NO.93 A RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY SANITATION DISTRICT NO.7 OF ORANGE COUNTY,CALIFORNIA,APPROVING NEGOTIATED AD VALOREM TAX ALLOCATION EXCHANGE WITH IRVINE RANCH WATER DISTRICT RE ANNEXATION NO.93 - MAIN STREET/JAMBOREE ANNEXATION TO COUNTY SANITATION DISTRICT NO.7 WHEREAS,Resolution No.80—40—7 authorized initiation of proceedings to annex territory included in proposed Annexation No.93 —Main Street/Jamboree Annexation to County Sanitation District No.7,provided said territory detach from the Irvine Ranch Water District which will no longer provide sewerage service to said territory;and, WHEREAS,the Irvine Ranch Water District by adoption of Resolutions Nos.1980—18 and 1980—19 on April 14,1980,ordered detachment of said property;and, WHEREAS,pursuant to the negotiated settlement with the County of Orange regarding ~8 tax exchanges,said annexation is further conditioned upon a tax exchange from Irvine Ranch Water District to County Sanitation District No.7 to defray the costs of providing sewerage service to said territory; and, WHEREAS,a tax exchange has been negotiated providing for the transfer of Irvine Ranch Water District’s share of the property tax allocation for said property to County Sanitation District No.7. NOW,THEREFORE,the Board of Directors of County Sanitation District No.7 of Orange County,California, DOES HEREBY RESOLVE,DETERMINE AND ORDER: Section 1 That the Board of Directors hereby approves an exchange of the Irvine Ranch Water District’s factor of the basic one percent (1%)tax levy allocation formerly received by Improvement District No.2 for said property to County Sanitation District No.7,upon completion of Annexation No.93 —Main Street/Jamboree Annexation to County Sanitation District No.7; and, Section 2 That the tax allocation factor exchanged in Section 1 hereof shall be 0.02559232411,in conformance with the Revenue Impact Analysis prepared by the Auditor/Controller of the County of Orange with respect to this negotiated exchange. PASSED AND ADOPTED at a regular meeting held August 10,1983. STATE OF CALIFORNIA) SS. COUNTY OF ORANGE I,WILLIAM H.BUTLER,Secretary of the Board of Directors of County Sanitation District No.7 of Orange County,California,do hereby certify that the foregoing Resolution No.83—130—7 was passed and adopted at a regular meeting of said Board on the 10th day of August,1983,by the following vote, to wit: AYES:Evelyn Hart,Chairman pro tern,Richard Edgar,Robert Luxembourger,Bill Vardoulis,James Wabner,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 10th day of August,1983. William H.Butler,Secretary Board of Directors of County Sanitation District No.7 of Orange County,California