HomeMy WebLinkAboutResolution 1991 - 0131RESOLUTION NO.91-131-3
APPROVING AGREEMENT WITH THE CITY OF
LOS ALAMITOS AND THE REDEVELOPMENT
AGENCY OF THE CITY OF LOS ALAMITOS
-A RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY
SANITATION DISTRICT NO.3 OF ORANGE COUNTY,
CALIFORNIA,APPROVING AGREEMENT WITH THE LOS ALAMITOS
REDEVELOPMENT AGENCY RE PAYMENT OF PROPORTIONAL
ANNUAL TAX INCREMENT TO DISTRICT FOR SEWERAGE SERVICES
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WHEREAS,the City of Los Alamitos and the Redevelopment Agency of the City
of Los Alamitos have proposed to adopt the Los Alamitos Redevelopment Project;
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 1999—91 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,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 areas,representatives of the City of Los Alamitos and
the Redevelopment Agency of the City of Los Alamitos have agreed to pay the
District fifty percent (50%)of its historical 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.3
of Orange County,California,
DOES HEREBY RESOLVE,DETERMINE AND ORDER:
Section 1 That the certain Agreement dated July 17,1991,by and between
County Sanitation District No.3 of Orange County and the City of Los Alamitos
and the Redevelopment Agency of the City of Los Alamitos,providing for payment
to the District of fifty percent (50%)of its historical proportional share of
the annual tax increment from property in the Los Alamitos 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 GeneralManager be,and is hereby,authorized and
directed to execute said agreement on behalf of District No.3 in form approved
by the General Counsel.
PASSED AND ADOPTED at an adjourned regular meeting held July 17,1991.
STATE OF CALIFORNIA)
)SS.
COUNTY OF ORANGE )
I,RITA J.BROWN,Secretary of the Board of Directors of County
Sanitation District No.3 of Orange County,California,do hereby certify that
the foregoing Resolution No.91-131—3 was passed and adopted at an adjourned
regular meeting of Board on the 17th day of July,1991,by the following vote,
to wit:
AYES:Sal A.Sapien,Chairman,Walter K.Bowman,A.B.“Buck”Catlin,
John Collins,Norman E.Culver,Burnie Dunlap,James V.Evans,
James H.Flora,Don R.Griffin,Frank Laszlo,Pat McGuigan,
Keith A.Nelson,Roger R.Stanton,Charles E.Sylvia
NOES:None
ABSENT:Irv Pickler
IN WITNESS WHEREOF,I have hereunto set my hand and affixed the official
seal of County Sanitation District No.3 of Orange County,California,this
17th day of July,1991.
~
Rita J.Brown,~Seçr~t~ry
Board of DirectQrsiof County
Sanitation District~No..3 ~
of Orange County~California~