HomeMy WebLinkAboutReso 2003-083 - Reorganization RESOLUTION NO. ~00~ ~
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF REDDING
AMENDING RESOLUTION 2000-199
PROVIDING FOR THE TRANSFER OF TAX REVENUES
FOR REORGANIZATION AN-4-00
WHEREAS, the City Council adopted resolution 2000-199, allocating property tax reverme fi.om
reorganization AN-4-00; and
WHEREAS, the County of Shasta prefers the tax allocation to be more precisely defined.
NOW, THEREFORE, BE IT RESOLVED, that the City Council of the City of Redding does
hereby amend Resolution 2000-199 as set forth below:
Section (1) BASE YEAR PROPERTY TAX REVENUE is amended as follows:
Provisions (1)a, (1)b, and (1)c are deleted and provisions (1)d and (1)e are added.
d. To the County' Service Area #1, Fire Protection, 100 percent of the base year
property tax allocated to the City of Redding in the fiscal year of reorganization.
e. To the City ofRedding, 0 percent of the base year property tax allocated to City
of Redding in the fiscal year of reorganization.
Section (2) ANNUAL PROPERTY TAX INCREMENT REVENUE is amended as follows:
Provisions (2)a, (2)b, and (2)c are deleted and provisions (2)d and (2)e are added.
do
To the County Service Area #1, Fire Protection, 100 percent of the annual property
tax increment revenue allocated to the City of Redding in the fiscal year of
reorganization.
e. To the City of Redding, 0 percent of the annual property tax increment revenue
allocated to the City of Redding in the fiscal year of reorganization.
PASSED AND ADOPTED this 3rd day of June
of Redding, County of Shasta, State of California, by the following vote:
AYES:
NOES:
ABSENT:
ABSTAIN:
COUNCIL MEMBERS: Kight,
COUNCIL MEMBERS: None
COUNCIL MEMBERS: None
COUNCIL MEMBERS: None
,2003, by the City Council of the City
ATTEST: ~
CONNIE ST~ty" Clerk
Mathena, Pohlmeyer, Stegall and Cib~la
FORM APPROVED:
BI~AD L FULL~R, City Attorney '
5-23-03
RESO\CC~N400-Amending Rcso 2000-199-JK.wpd