HomeMy WebLinkAboutResolution 1991 - 0020RESOLUTION NO.91—20-2
APPROVING AGREEMENT WITH THE YORBA LINDA
REDEVELOPMENT AGENCY
A RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY SANITATION
DISTRICT NO.2 OF ORANGE COUNTY,CALIFORNIA,APPROVING
AGREEMENT WITH THE YORBA LINDA REDEVELOPMENT AGENCY RE
PAYMENT OF TWO PERCENT (2%)ON ANNUAL TAX INCREMENT TO
DISTRICT FOR SEWERAGE SERVICES
********:*
WHEREAS,the Yorba Linda Redevelopment Agency has adopted the Yorba Linda
Redevelopment Project Amendment No.1;and,
WHEREAS,pursuant to Comunity Redevelopment Law,California Health and
Safety Code Sections 33000 et ~the Sanitation District’s ad valorem taxes
in the redevelopment project.area will be frozen at the 1989—90 base ,year levy;
all subsequent annual tax increments accruing to the redevelopment agency during
its life;and,
WHEREAS,because the Sanitation District partially relies 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,r.ecognlzing 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 areas,representatives of the Yorba Linda Redevelopment
Agency have agreed to pay the District two percent (2%)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 February 5,1991,by and
between County Sanitation District No.2 of Orange County and the Yorba Linda
Redevelopment Agency,providing for payment of two percent (2%)of the annual
tax increment from property in the Yorba Linda Redevelopment Project Amendment
No.1 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 AND ADOPTED at a regular meeting held February 13,1991.
STATE OF CALIFORNIA)
)SS.
COUNTY OF ORANGE )
I,RITA J.BROWN,Secretary of the Board of Directors of County
Sanitation District No.2 of Orange County,California,do hereby certify that
the foregoing Resolution No.91—20—2 was passed and adopted at a regular
meeting of said Board on the 13th day of February,1991,by the following
vote,to wit:
AYES:Irv Pickler,Chairman,Fred Barrera,Bob Bell,A.B.“Buck~
Catlin,John Collins,Dan Griset,William D.Mahoney,Robert
H.Main,Carrey J.Nelson,Mark Schwing.,Roger R.Stanton
NOES:None
ABSENT:Arthur G.Newton
•
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
13th day of February,1991.
Rita J.Brown,‘Secretary~?‘
Board of Directors of ç~uri.ty’
Sanitation District ~—2’~=
of Orange County,Cal’tf~cii.a