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HomeMy WebLinkAboutResolution 1992 - 0101RESOLUTION NO.92-101-3 •APPROVING AGREEMENT FOR REIMBURSEMENT OF TAX INCREMENT FUNDS WITH THE CITY OF STANTON AND •REDEVELOPMENT AGENCY OF THE CITY OF STANTON 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 STANTON AND THE REDEVELOPMENT AGENCY OF THE CITY OF STANTON WHEREAS,the City of Stanton has adopted the Stanton Comunity Development Project Plant;and, WHEREAS,the City of Stanton 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 Coinnunity Redevelopment Law,to execute pass-through agreements with redevelopment agencies;and, WHEREAS,District No.3 and the Redevelopment Agency of the City of Stanton 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 22,1992 ,for reimbursement of tax increment funds for Redevelopment Plan Amendment No.2,by and between the City of Stanton,Redevelopment Agency of the City of Stanton 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.92-101—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.Brown,~.ecr.e.tary’ Board of Director’s of County ‘ Sanitation Distri6t~No.”3 •.~ of Orange County;California’:’