HomeMy WebLinkAboutResolution 1992 - 0100RESOLUTION NO.92-100-3
APPROVING AGREEMENT FOR REIMBURSEMENT OF TAX
INCREMENT FUNDS WITH THE CITY OF LA PALMA AND
REDEVELOPMENT AGENCY OF THE CITY OF LA PALMA
A RESOLUTION OF THE BOARD OF DIRECTORS OF COUNTY
SANITATION DISTRICT NO.3 OF ORANGE COUNTY,
CALIFORNIA,APPROVING AGREEMENT FOR REIMBURSEMENT
OF TAX INCREMENT FUNDS WITH THE CITY OF.LA PALMA
AND THE REDEVELOPMENT AGENCY OF THE CITY OF
LA PALMA
WHEREAS,the City of La Palma has adopted a Redevelopment Plan for the
Walker Street Redevelopment Project;and,
WHEREAS,the City of La Palma and its Redevelopment Agency are presently
proposing an Amendment No.2 to said Redevelopment Project;and,
WHEREAS,County Sanitation District No.3 is an affected taxing agency
authorized under Comunity Redevelopment Law,to execute pass-through agreements
with redevelopment agencies;and,
WHEREAS,District No.3 and the Redevelopment Agency of the City,of La Palma
have agreed upon a pass—through formula with respect to the proposed Amendment
No.2.
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 June 23,1992,for
reimbursement of tax Increment funds for Redevelopment Plan Amendment No.2,by
and between the City of La Palma,Redevelopment Agency of the City of La Palma
and County Sanitation District No.3,is hereby approved;and,
Section 2 That the Chairman and Secretary of the District are hereby
authorized and directed to execute said Agreement in form approved by the
General Counsel.
PASSED AND ADOPTED at a regular meeting held July 8,1992.
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.92-100-3 was passed and adopted at a regular
meeting of said Board on the 8th day of July,1992,by the following vote,
to wit:
AYES:Sal A.Sapien,Chairman,A.B.“Buck”Catlin,John Collins,
Norman E.Culver,Burnie Dunlap,James V.Evans,James H.
Flora,Don R.Griffin,Frank Laszlo,Pat McGuigan,Eva G.
Miner,Richard Partin,Irv Pickier,Jim Silva,Roger R.
Stanton,Charles E.Sylvia
NOES:None
ABSENT:None
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
8th day of July,1992.
Rita J.Brow
,Secretary -
Board of Directors of Couñty,
Sanitation District No.3•~
of Orange County,Californta