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RESOLUTION NO. 80-219 <br /> <br />A RESOLUTION OF THE CITY OF SANTA <br />ANA ESTABLISHING A MECHANISM FOR <br />DISTRIBUTION OF PROPERTY TAX <br />REVENUE IN ACCORDANCE WITH THE <br />MASTER PROPERTY TAX AGREEMENT AND <br />REVENUE AND TAXATION CODE SECTION <br />99 (b) <br /> <br /> WHEREAS, Revenue and Taxation Code/Section 99(b) <br />requires implementation of annexations by resolution; and <br /> <br /> WHEREAS, the County Counsel has so decided that <br />all annexations subject to property tax negotiations under <br />AB S must conform to this section; and <br /> <br /> WHEREAS, the City agrees to accept the property <br />tax revenue for annexations listed in exhibit A of the Master <br />Property Tax Agreement as provided in said agreement. <br /> <br /> NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COUNCIL <br />OF THE CITY OF SANTA ANA does accept this requirement and <br />hereby directs the Clerk of the Council to deliver a copy of <br />this Resolution to the County Counsel of Orange County. <br /> <br /> ADOPTED this 8th day of December, 1980, by the <br />following vote. <br /> <br />AYES: <br /> <br />COUNCILMEN: Bricken, Griset, Luxembourger, <br /> Markel, Serrato, Ward and Yamamoto <br /> <br />NOES: COUNCILMEN: None <br /> <br />ATTEST <br /> <br />ABSENT: COUNCILMEN: None <br /> <br /> <br />