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HomeMy WebLinkAbout1990-08-23 - Resolution No. 90-340 0 RESOLUTION NO. 90-34 RESOLUTION OF THE BOARD OF DIRECTORS OF THE YORBA LINDA WATER DISTRICT TO REPEAL RESOLUTION NO. 90-12 WHEREAS, the Yorba Linda Redevelopment Agency has adopted the First Amendment to the Yorba Linda Redevelopment Project which modifies the previously adopted Redevelopment Plan and adds new territory to the Project Area; and WHEREAS, the Yorba Linda Water District is a taxing agency with territory within both the original Yorba Linda Redevelopment Plan area and the territory added by the First Amendment to the Yorba Linda Redevelopment Project; and WHEREAS, on April 12, 1990 the Yorba Linda Water District adopted Resolution 90-12 Electing to be Allocated Certain Tax Revenues Notwithstanding the Proposed First Amendment To The City Of Yorba Linda Redevelopment Project (Health and Safety Code Section 33676); and WHEREAS, on June 19, 1990 the Yorba Linda Water District and City of Yorba Linda Redevelopment Agency entered into an Agreement For Reimbursement of Tax Increment Funds; and WHEREAS, pursuant to Section 7 of the Agreement For Reimbursement of Tax Increment Funds, the District shall repeal any resolutions that may have been adopted pursuant to Health and Safety Code Section 33676(b) regarding Amendment No. 1. NOW, THEREFORE, BE IT RESOLVED by the Board of Directors of the Yorba Linda Water District as follows: Section 1: That Resolution No. 90-12, entitled Resolution of the Board of Directors of the Yorba Linda Water District Electing to be Allocated Certain Tax Revenues Notwithstanding the Proposed First Amendment to the City of Yorba Linda Redevelopment Project (Health and Safety Code Section 33676), is hereby repealed. Section 2: The General Manager of the Yorba Linda Water District is authorized and directed to transmit a copy of the Resolution to (a) the City Council of the City of Yorba Linda, (b) the Yorba Linda Redevelopment Agency, and (c) the Auditor-Controller/Tax Collectior for the County of Orange. 0 0 PASSED AND ADOPTED this 23rd day of August, 1990 by the following called vote: AYES: Arthur C. Korn, M. Roy Knauft, Sterling Fox NOYES: 0 ABSENT: Paul Armstrong ABSTAIN: 0 President, Yorba Linda Water District (SEAL) ATTES Secretary, Yorba Linda Water District