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HomeMy WebLinkAbout93-077 CC Resolution RESOLUTION NO. 93-77 A RESOLUTION OF THE CITY COUNCIIL OF THE CITY OF TEMIECULA MADE PURSUANT TO SECTION 4715 OF THE REVENUE AND TAXATION CODE OF THE STATE OF CALIFORNI[A AGREEING TO PARTICIEPATE IN THE ALTERNATIVE METHOD FOR DISTRIBUTION OF TAX LEVIES AND COLLECTIONS AND OF TAX SALE PROCEEDS ADOPRED BY THE COUNTY OF SIDE WHEREAS, Chapter 3 of Part 8 of Division 1 of the Revenue and Taxation Code of the State of California (hereinafter the "Revenue and Taxation Code"), beginning with Section 4701 thereof, authorizes the County of Riverside (hereinafter the "County") to adopt the alternative method of distribution of tax levies and collections and of tax sale proceeds (hereinafter the "Alternative Method of Distribution of Taxes") as set forth herein; and WHEREAS, the City of Temecula is a public district and taxing agency for which the County levies and collects taxes but for which the County treasury is not the legal depositary; and VMEREAS, Section 4715 of the Revenue and Taxation Code allows a public district for which the County treasury is not the legal depository to agree, by resolution, to participate in the Alternative Method of Distribution of Taxes; and VMEREAS, the City Council of the City of Temecula desires to participate in Alternative Method of Distribution of Taxes; NOW THEREFORE, BE IT RESOLVED, FOUND, DETERMINED AND ORDERED, in regular session assembled on September 28, 1993, that the City Council of the City of Temecula agrees to participate in the Alternative Method of Distribution of Taxes commencing in Fiscal Year 1993-94, which commences July 1, 1993, and requests the Board of Supervisors of the County of Riverside to approve this Resolution pursuant to Section 4715 of the Revenue and Taxation Code. Resos 93-77 1 This resolution shall take immediate effect upon its adoption and shall remain in effect for each fiscal year thereafter unless rescinded pursuant to the provisions of Chapter 3, Part 8 of Division 1 of the Revenue and Taxation Code. J. @ Muiioz, Ma(yor A i-LTF-ST: Ju@@breek, City Cl( [SEAL] Resoo 93-77 2 STATE OF CALIFORNIA) COUNTY OF RIVERSIDE) SS CITY OF TEMECULA ) 1, June S. Greek, City Clerk of the City of Temecula, HEREBY DO CERTIFY that the foregoing Resolution No. 93-77 was duly adopted and passed at a regular meeting of the City Council of the City of Temecula on the 28th day of September, 1993, by the following roll call vote: AYES: 5 COUNCILMEMBERS: Birdsall, Parks, Roberts, Stone Muffoz NOES: 0 COUNCILMEMBERS: None ABSENT: 0 COUNCILMEMBERS: None 1--/@June S. Greek City Cle'rk Resos 93-77 3