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Reso 1994-565RESOLUTION NO. A RESOLUTION_ OF 'T RE BOARD OF -- DIRECTORS- OF-THE--, COSTA MESA SANITARY DISTRICT, ORANGE COUNTY, CALIFORNIA, CONSENTING TO ZERO TAX EXCHANGE ON CERTAIN- ANNE UkT ;:NS TO THE DISTRICT; ESTABLISH- - ING CONDITIONS OF WAIVER AND STATING REASONS THERLFOR. THE BOARD OF DIRECTOR OF THE COSTA MESA SANITARY DISTRICT OF ORANGE COUNTY, CALIFORNIA, DO HEREBY RESOLVE AS FOL]LJOWS: WHEREAS, several legislative acts have been passed by the California Legislature, including but not necessarily limited to Assembly Bill 8, Assembly Bill 1019, Assembly Bill 2212, Assembly Bill 2376, and Senate Bill 180, all relating to- rights of local agencies to share in real property tax; and WHEREAS, pursuant to the aforesaid legislation, districts may negotiate with the county for a share of the ad valorem tax or may consent to a zero tax exchange; and WHEREAS, the Costa Mesa Sanitary District in an effort to serve: developments and applicants needing sanitary sewer service and enter r•_'-o ser-- cr agreements :pith various appli•.:,:�" said agreements provide for the payment of fees designated to meet the operating costs of the District for said developments; and WHEREAS, said agreements-provide that the District is committed to the process of annexations for said developments in the District; and WHEREAS, the Local Agency Formation Commission has deter- mined that said annexations cannot be completed until such time as the annexing district and the county have resolved the allocation of property tax revenues that will result from said annexation; and WHEREAS, the Costa Mesa-Sanitary District intends to, and by this Resolution does, waive its rights under terms and conditions as hereinafter set forth; -2- - - .-NOW- T-H- EREFORE- ,-- B& - -IT RESOLVED ti2=;i% - =in- order -to- process the---- - completio* annexations of the District as committed in various service agreements between develorjzrs and the District, the Costa Mesa Sanitary District will and does by this Resolution consent to zero tax transfer between the County of Orange and the . District in the following annexation: ANNEXATION NO. 249 BE IT FURTHER RESOLVED that District does not waive its right to share in pro- perty tax in the event legislative acts or court decisions retroactively create a right in the - District to, share in the property tax. BE IT FINALLY RESOLVED that a certified copy of this Resolution be forwarded to the Local Agency Formation Commission and that a certified copy be forwarded to the Orange County Board. of Supervisors. PASSED AND ADOPTED THIS of _ 199A. President CO sta Mesa Sanitary District ATTEST: 4 printed on recycled paper -2- T, STATE OF CALIFORNIA) COUNTY OF ORANGE )SS CITY OF COSTA MESA ) I, Florine T. Reichle, Assistant Manager /Clerk of the Costa Mesa Sanitary District hereby certify that the above and foregoing Resolution No. ,S was duly and �'P -zr- ] r�,y passed and adopted by said Board of Directors at a regularlmeeting thereof held on the day of 19 f V . IN WITNESS WHEREOF, I have hereunto set my hand and affixed the seal of the Costa Mesa Sanitary District, this % l-t/ day of P / i vJ `/ g4 printed on recycled paper Assistant Manager /Clerk Costa Mesa Sanitary District