HomeMy WebLinkAboutResolution 1988 - 0069RESOLUTION NO.88-69-6
ELECTING TAX INCREMENT PASS-THROUGH RE ORANGE COUNTY
NEIGHBORHOOD DEVELOPMENT AND PRESERVATION PROJECT
A RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY
SANITATION DISTRICT NO.6 OF ORANGE COUNTY,CALIFORNIA,
ELECTING TAX INCREMENT PASS-THROUGH RE ORANGE COUNTY
NEIGHBORHOOD DEVELOPMENT AND PRESERVATION PROJECT
WHEREAS,the County of Orange Development Agency is preparing a Development
Plan for the Orange County Neighborhood Development and Preservation Project (the
“Plan”),which provides for tax increment financing pursuant to Health and Safety
Code Section 33670;and,
WHEREAS,County Sanitation District No.6 (the “District”)Is an affected
taxing agency authorized to make the election described in Health and Safety Code
Section .33676.
NOW,THEREFORE,the Board of Directors of County Sanitation District No.6 of
Orange County,California,
DOES HEREBY RESOLVE,DETERMINE AND ORDER:
Section 1 That the District elects to be allocated all of the tax revenues
attributable to increases in the rate of tax imposed for the benefit of the District,
which levy occurs after the tax year in which the ordinance adopting the Plan becomes
effective,and elects to be allocated all of th~tax revenues attributable to
increases in the assessed value of the taxable property in the Orange County
Neighborhood Development and Preservation Project Area,as the assessed value is
established by the assessment roll last equalized prior to the effective date of the
ordinance adopting the Plan pursuant to Health and Safety Code Section 33670(a),
which are or otherwise would be,calculated~~annually pursuant to Revenue and Taxation
Code Section 110.1(f).
Section 2 That the Board Secretary of the District is hereby authorized and
to transmit copies of this Resolution to the appropriate officials and to
take all other actions required pursuant to Health and Safety Code Section 33676 to
implement the election set forth in this Resolution.
PASSED AND ADOPTED at a regular meeting held May 11,1988.
STATE OF CALIFORNIA)
)SS.
COUNTY OF ORANGE )
I,RITA J.BROWN,Secretary of the Board of Directors of County
Sanitation District No.6 of Orange County,California,do hereby certify that
the foregoing Resolution No.88—69—6 was passed and adopted at a regular
meeting of said Board on the 11th day of May,1988,by the following vote,to
wit:
AYES:James A.Wahner,Chairman,Philip Maurer
NOES:None
ABSENT:None
ABSTENTIONS:Don R.Roth
IN WITNESS WHEREOF,I have hereunto set my hand and affixed the official
seal of County Sanitation District No.6 of Orange County,California,this
11th day of May,1988.
Rita J.Brown,Secretary
Board of Directors of County
Sanitation District No.6
of Orange County,California