HomeMy WebLinkAboutResolution 1983 - 0173RESOLUTION NO.83-173—2
APPROVING AGREEMENT WITH ThE REDEVELOPMENT
AGENCY OF THE CITY OF PLACENTIA
A RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY
SANITATION DISTRICT NO.2 OF ORANGE COUNTY,
CALIFORNIA,APPROVING AGREEMENT WITH THE
REDEVELOPMENT AGENCY OF THE CITY OF PLACENTIA
RE PAYMENT OF PROPORTIONAL ANNUAL TAX INCREMENT
TO DISTRICT FOR SERVICES
******************
WHEREAS,the Redevelopment Agency of the City of Placentia has proposed a
Redevelopment Plan for the Placentia Redevelopment Project;and,
WHEREAS,pursuant to Community Redevelopment Law,California Health and
Safety Code Sections 33000 et~.,the Sanitation Districts ad valorem taxes in
the redevelopment project area will be frozen at the 1982—83 base year levy;
all subsequent annual tax increments accruing to the redevelopment agency during
its life;and,
WHEREAS,because the Sanitation Districts rely on ad valorem taxes to
finance the cost of sewerage services which are escalating due to federally
mandated requirements,energy impacts and inflationary trends;and,
WHEREAS,recognizing that the freezing of taxes may result in inadequate
ad valorem tax revenues to cover the cost of providing sewerage service to the
redevelopment project area,representatives of the Redevelopment Agency of the
City of Placentia have agreed to pay the District their proportional share of
the annual tax increment accruing to the agency to defray the cost of said
service,on the same basis as other properties in the District.
NOW,THEREFORE,the Board of Directors of County Sanitation District No.2
of Orange County,California,
DOES HEREBY RESOLVE,DETERMINE AND ORDER:
Section 1 That the certain agreement dated November 9,198~between
County Sanitation District No.2 of Orange County and the Redevelopment Agency
of the City of Placentia,providing for payment to the District of its
proportional share of the annual tax increment from property in the proposed
Placentia Redevelopment Project,to pay for escalating costs of sewerage service
on the same basis as other properties in the District,be,and is hereby,
approved and accepted;and,
Section 2 That the Chairman and Secretary of the District be,and are
hereby,authorized and directed to execute said agreement in form approved by
the General Counsel.
PASSED 7i1~D ADOPTED at a regular meeting held November 9,1983.
STATE OF CALIFORNIA)
SS.
COUNTY OF ORANGE )
I,WILLIAM H.BUTLER,Secretary of the Board of Directors of County
Sanitation District No.2 of Orange County,California,do hereby certify that
the foregoing Resolution No.83—173—2 was passed and adopted at a regular
meeting of said Board on the 9th day of November,1983,by the following vote,
to wit:
AYES:Henry W.Wedaa (Chairman),Barbara Brown,Sam Cooper,Donald A.
Holt,Jr.,Dan Griset,Carol Kawanami,Bob Perry,Don Roth,Don
Smith,Dorothy Wedel,Harriett Wieder,Duane Winters
NOES:None
ABSENT:None
IN WITNESS WHEREOF,I have hereunto set my hand and affixed the official
seal of County Sanitation District No.2 of Orange County,California,this
9th day of November,1983.
William H.Butler,Secretary
Board of Directors of County
Sanitation District No.2
of Orange County,California