HomeMy WebLinkAboutCC RES 93-059RESOLUTION NO. 93-59
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF PALM
DESERT MAKING AN ELECTION PURSUANT TO HEALTH AND SAFETY
CODE SECTION 33676 IN CONNECTION WITH THE PROPOSED
REDEVELOPMENT PLAN FOR PROJECT AREA NO. 4 OF THE PALM
DESERT REDEVELOPMENT AGENCY
THE CITY COUNCIL OF THE CITY OF PALM DESERT HEREBY
FINDS, ORDERS, DETERMINES AND RESOLVES AS FOLLOWS:
Section 1. The Palm Desert Redevelopment Agency (the
"Agency") has prepared a proposed redevelopment plan (the
"Redevelopment Plan"} for Project Area No. 4(the "Project Area")
of the Palm Desert Redevelopment Agency.
Section 2. Health and Safety Code Section 33676
provides that an affected taxing agency may elect to be
allocated, in addition to the portion of the taxes allocated to
the affected taxing agency pursuant to subdivision (a) of Health
and Safety Code Section 33670, all or any portion of the tax
revenues allocated to the redevelopment agency pursuant to
subdivision (b) of Section 33670 attributable to (i) increases in
the rate of tax imposed Lor the benefit of the affected taxing
agency which levy occurs after the tax year in which the
ordinance adopting the redevelopment plan becomes effective, and
(ii) increases in the assessed value of the taxable property in
the project area, as the assessed value is established by the
assessment roll last equalized prior to the effective date of the
ordinance adopting the redevelopment plan pursuant to subdivision
(a) of Section 33670, which, are, or otherwise would be,
calculated annually pursuant to su�division (f) of Section 110.1
of the Revenue and Taxation Code.
Section 3. In connection with the Project Area, the
City of Palm Desert is an affected taxinq agency.
RESOLUTION NO. 93-59
Section 4. The City Council of the City of Palm
Desert, on behalf of the City of Palm Desert, hereby elects to be
allocated, in addition to the portion of taxes allocated to the
City pursuant to subdivision (a) of Section 33670 of the Health
and Safety Code, all of the tax revenues allocated to the Palm
Desert Redevelopment Agency pursuant to subdivision (b) of
Section 33670 of the Health and Safety Code attributable to (i)
increases in the rate of tax imposed for the benefit of the City
which levy occurs after the tax year in which the ordinance
adopting the Redevelopment Plan becomes effective, and (ii)
increases in the assessed value of the taxable property in the
Project Area, as the assessed value is established by the
assessment roll last equaliz�d prior to the effective date of the
ordinance adopting the Redevelopment Plan pursuant to subdivision
(a) of Section 33670, which, are, or otherwise would be,
calculated annually pursuant to subdivision (f) of Section 110.1
of the Revenue and Taxation Code.
Section 5. The City C�erk is hereby authorized and
directed to transmit a copy of tnis resolution to this City
Council, to the Palm Desert Redevelopment Agency and to the
official or officials performinq the functions of levying and
collecting taxes for the City prior to the adoption of the
Redevelopment Plan by the City Council.
PASSED, APPROVED and ADOPTED this 24th day of June,
1993 by the following vote, to wit:
AYES:
NOES:
ABSENT:
ABSTAIN:
CRITES, KELLY, SNYDER, WILSON, BENSON
NONE
NONE
NONE
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1�TTE ST :
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Sheila R. ligan, ity Clerk
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J n M. Benson, Mayor
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