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HomeMy WebLinkAbout90-201 5 6 ? 9 10 11 lO. 13 li 15 16 17 18 19 21 0.2 23 9.5 COUNCIL RESOLUTION NO. 90-20 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF UKIAH ELECTING TO RECEIVE ALL OF THE TAX REVENUES PURSUANT TO HEALTH AND SAFETY CODE SECTION 33676 WHEREAS, on February 24, 1988, the Planning Commission of the City of Ukiah selected and designated the boundaries of the project area (the "Project Area") for the proposed Ukiah Redevelopment Project (the "Project"), approved a Preliminary Plan for the Project and submitted said Preliminary Plan to the Ukiah Redevelopment Agency (the "Agency"); and WHEREAS, the Agency is preparing a proposed redevelopment plan (the "Redevelopment Plan") for the Project; and WHEREAS, Section 33676 of the Health and Safety Code provides that prior to the adoption of a redevelopment plan an affected taxing agency may elect to receive, in addition to the portion of taxes allocated to the affected taxing agency pursuant to Health and Safety Code Section 33670(a), all or any portion of the tax revenues allocated to the Agency pursuant to Health and Safety Code Section 33670(b) which are attributable to (a) the tax rate increases imposed for the benefit of the taxing agency after the tax year in which the ordinance adopting the redevelopment plan becomes effective; and/or (b) the increases in the annual assessed value of taxable property in the Project Area, as the assessed value is established by the assessment roll last equalized prior to the effective date of the ordinance adopting the Redevelopment Plan, calculated under Revenue and Taxation Code Section 110.1 (collectively, the "Increases"); and WHEREAS, the City Council desires to receive all such Increases; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF UKIAH DOES HEREBY RESOLVE AS FOLLOWS: 1 4 5 6 7 8 9 10 11 12 12 14 15 16 17 18 19 20 21 29. 23 24 25 26 27 28 Section 1. The City Council of the City of Ukiah hereby elects to receive all Increases as herein defined. Section 2. The City Clerk is hereby directed and authorized to transmit a copy of this resolution to the Executive Director of the Ukiah Redevelopment Agency and to the tax collector of the County of Mendocino. PASSED AND ADOPTED this 18 day of October, 1989, by the following vote: Councilmembers Shoemaker, Hickey and Vice-Mayor Schneiter AYES: NOES: None ABSENT: Counci]member Wattenburger and Mayor Henderson ,/ !// RES TAX REVENUES/UPA' Mayor