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HomeMy WebLinkAbout2003-26 - Bay Knolls Property Tax TransferRESOLUTION NO. 2003- 26 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH, CALIFORNIA, AGREEING TO A PROPERTY TAX TRANSFER WITH THE CITY OF COSTA MESA FOR THE BAY KNOLLS REORGANIZATION. THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH DOES HEREBY RESOLVE AS FOLLOWS: WHEREAS, the annexation of unincorporated county islands between Newport Beach and Costa Mesa will serve to promote logical, efficient, and cost effective delivery of public services; and WHEREAS, the County of Orange, the City of Costa Mesa and the City of Newport Beach recognize that these areas would be more efficiently served by either the City of Costa Mesa or the City of Newport Beach; and WHEREAS, as a part of the Bay Knolls Reorganization (RO01 -04), the City of Costa Mesa agreed to the detachment of two areas from the City of Costa Mesa, and annexation of the same areas to the City of Newport Beach; and WHEREAS, the two areas to be detached from the City of Costa Mesa, and annexed to the City of Newport Beach are identified as follows; Area 1: 2300 — 2337 La Linda Place Area 2: 379 — 395 (odd numbers) Santa Isabel, and 2399 Tustin Avenue WHEREAS, it is appropriate to distribute the property tax revenues from the above - identified areas currently received by the City of Costa Mesa to the City of Newport Beach upon the effective date of the annexation. NOW THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that on July 1, 2003, all property tax revenues going to the City of Costa Mesa and generated in the areas identified herein below shall be distributed to the City of Newport Beach. The two areas are identified as follows: Area 1: 2300 - 2337 La Linda Place Area 2: 379 - 395 (odd numbers) Santa Isabel, and 2399 Tustin MAYOR ATTEST: NiWPp U 46wa �L a ~QFOPN`' City Clerk STATE OF CALIFORNIA } COUNTY OF ORANGE } ss. CITY OF NEWPORT BEACH } 1, Leilani I. Brown, Deputy City Clerk of the City of Newport Beach, California, do hereby certify that the whole number of members of the City Council is seven; that the foregoing resolution, being Resolution No. 2003 -26 was duly and regularly introduced before and adopted by the City Council of said City at a regular meeting of said Council, duly and regularly held on the 10th day of June, 2003, and that the same was so passed and adopted by the following vote, to wit: Ayes: Heffernan, Proctor, Ridgeway, Adams, Webb, Nichols, Mayor Bromberg Noes: None Absent: None Abstain: None IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed the official seal of said City this 11th day of June, 2003. o�aEW�R� am�- -Q` PVIM�- s - Deputy City Clerk u =5 Newport Beach, California c t°` (Seal)