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HomeMy WebLinkAboutOrange County Department of Education - Superindendent of Schools - 1986-08-18 t - I �} 1 It 1 (s J' r �I.1 I 1 7_!", :•i1 p s ri il�fY { yJ4 1 .1 - r it - , 7 ` yes l i F ' y ,I t ;' J I fr r 1 i ♦ tI rf rfI-•� J' 1 , ; I +,.t, ..'•- I_.,. '..r' •r. .. 1t' 7!',. ,r` M� t+ r', -� fh rt .ty r I dj',. ;Il tf a, !;h •r (� +t t,' 1. t; c. I= I ,Y Ir '( SJ.,, t "S 1 L, I 1( - - taw _ t ..'t1 ,, ,. .1 Lt' ' ' r t ', , 1!, I, .. it rf i ` a-r•, t1 ` { 1 ;,\ ,I i �' i,° ,,,' ( �1 r1 '. I. i I,1 t I. r• OA ,.I' 4 : i;"", it 1. '' •. �`{ •ii. - tl err JI ( .. t Ih+ fJ J,r j}I .''I 11111'••• t1 I 1. , �.�, e C� i t 11, t' +i -_, ...1 ,+ _.{ .11 }G` ,. -if '4 + f <•. f i 1 ..I _ �: r r •r. l�rr t , , `.t .,I r.. .t ..i f,I 1..., ;.,- �'r.,Z. .:.ti i1. _ _-....A1, �� •':'-. :, •:i ,a. 3, ,,1.. ,. .5..:'t,.:} {, tii1 V .e . //•�� .,yr.,.1 .)�.r,. ,.1+,. .,tt .). '-. d .,•,• ,1,. ,.i , -,y , L:., t-• ',T•, Ih: -�. ?7, . :.., j ,,,,tt,,,, j}' :: ,. ',• rrJ=, -.. .rrrx..`,r:.,-...-.,.�_U .. -..1. ._•.. i�.'. t • ': ... .. „ 1, .._ ..1`: .. i .� .. ....,..:, .'.•f.•. '1' r' �,...:i13 ,.•�L '1-t f. J .,._ , ,:_ h. . rl ,. .. t .., i r -FJ, i. t zt t ' ,i1,,�,:ls ,, I �!{'r I : w t,iJ ! , ,• Page 2 > , , ' i t� }t �`'° t . r r + I .a.l ,t, L •+ - 11tj r r ,I•.i , 1 t <,,S '� 11. ,t , 1 ,:1 } • 1 '� -1 ]ri►r S ';, ',_ `•.. and adopYon of tho Plan; and `` , , 4�1� I"--If t4 f �) 7 7 1s "' ` i'4 ' ' 2 WHEREAS, the City adopted Ordiiinneo No• 2743 on November 20, t- r I't 't-;'�,[ - ,`, 'f' 3 1084 approving and adopting the Plon inel>>ding the use of tax increment r -' 1 t' IT L r ,�; ti: 1 ,�,�Z, . #,Yt 4 financing; and r „ iu+,1.1 r I , �y,, rl 'I,;,' ,t` , ;t.r u , r 4� t # {ti'KERTsAS, puraunnt to California llealth and Safety Codv Section ,. ' ' ; tr '�� s Arty #1iri.+ �Y ✓ i , 11 tr '' IJ ',`;S '' " G 334.01, the Agency may a to County Taxin Bntitios as n tnxin a cno .vith ' ; ;= '�'tI,l`�� g Y YpY g g B Y , t ., . t, d i 7 territory located in Project Area, an amount of money which, in the Agency's '" �1,;`',',, � :, ,I,,,,: 8 determination, it; appropriate to n113viete any financing burden or detriment J: i>, :r {�' tt : L<1' 0 caused to County Taxing lintities by the Project; and rt .t,,r �� t „ ! 3 v "IEi �, t ,1 �I,XI4 , 1 1 i J- t h� -��''trr ,` .,� 10 imERBAS, the parties agree thot the alloention of all the tax , -'; ,r'�;s; �t� ;, ".,,�r r l., 1, ',r,J :I��}y,i t- .�. r i I t 11 i f � t + ;{ X� rJ y;1 _ 11 increment revenue to the Agency as a result of the Implementation of the Plan �;�•�< ;: ;. �; r rr , 'I . '- s� .r 4,ri r�"i r. r ! r )1 ' ` J :.). '1• '�I1 y � � s 1 r .,,,I, 1,,4�rr1' T7 .Jti ,� : 12 as proposed would cause a financial burl n and detriment to the Orange ,, <, ,, „' , •`.a�a t r , + 'IVI;fir rr(j' e*1 I,iA• S-", ' t`._r .1 IN , 13 Ceutlty Superi.atondent of Schools.' and whereas, it is for this reason, and to ,s� rt, t,��Erik j„��_. t.1r ,j i; �i j , t\ v, rfw t i era,; t, 1`1 amicably resolve any differences regarding the legality of the Plan. that the ,�� �,�;`;Y�� 1,�,i} . t t= ;,; 1b parties hereto enter into this Agreement. `?���vr `�� t r'= l < , �,, 16 dO1V, THEREFORE, in eoriaid�ration of the for+�geiitg and the t r;tik�,, ri , tt I,� !i-A [ , ts lu '.) ,� y11 ( y»,: r ' . a,rJrr , 4 i,,,, v.- :Z.. �`� ;� fry} 'i�1�`'i 17 mutual covenants and conditions herein. the arties hereto a rev as follows;: �`�` �r }',�) ,, - Y . ;F'•,t .1I.1-7. ,J, i r,J /'.- P g •`'r,l'Vs, r1 7�} Ix� ;,. TI �4ri 1 ( oQ "��� !}, '%6 �.1 V,r? ' 18 Section 1• . Ir�,W"! a7 C�i. ��t1`l` . J.,. J,St J , I)x*f ' -,t -J }J., tIt''rt f,}a.•Ita�N.�•I,+t i. l} f Y P ,r y t 1.I I � ,:� , 10 (a) F'or the first five (5) fiscal years during which the r=';p ar It , ;¢��+� µ •1 -r ,14 1, T ' 1. ' 1� 20 Agency receivers tax increment, no increment tax dollars (s0) wi1. k,,r f )_.,� +� t~,�} } r trr >lti'i�i{'. t1.1. ty 11 be aid tU! 1`f I. t"'" ' '+ 7 :r t�} '-, #1�1�Y'�}ri r.,, •„ I�µ' 1 .. ? ,,,,-;tTP} S1,vs+ 't;;t�,t, �.•. '�t`a'` tw I .. gt ;1 21 the Oran a Count ► Su erintendent of Schools. ° � �'� # '�� x ' ��M� I 1•t f ., : B P {{ i. t1 .,,/- 11, t.;,,... q,i '1 t,l:'�.Ify, ai}'I{Est } , '� i I rI t'rs 22 (b) In each year, commencing with fiscal year 1990-91, that t ,p, ��, h, � r-,r z,,i .,i 3r..1 .I s t ilr,t; ii,y. • ` t ,X _ •,r..�K/E1 ,.J f1 r7;'• . -vt--- ,rJ .1,( � J . -- , ,,,J tt;I :.4af,�1 tt!" � r •>• - ;�r I a , i, G T�#.,�' 23 taxes alre allocated to and recei�,ed by the Agency pursuant tc Section 33070' � ,�fit• It'. �,'_r �,�{'„f �, `YY 11" I r►i'1r 1 !' t r" ' # 24 of the Caltfnrnta Health and safety Coda or its sue:cessc�re, f��am tl•.e Projeci �yi ..I.,1.� r�'j ,�/ - z �. ?..I 1 J,-tt.�„' •� J f -,;t: ' ! I( 4S,Y'+ ,jX+' 41{ r11.C-tr ttu t F. Jttt r"N. '., JJr tit ItN.r'a i`�,�-•,- fi •y, a>� 1, 1•tJ tjki/ rt:" >'r v+ t c, 14 , �,' j A,,x,r„'r . t . 25 Area described in Exhibit A, the Agency will pay to Orange County rt,*, .. py;{;i4 • ,`�.'r» w' ; ff1 f7•i ( r: { � 'y;11vl rti`r �J+=�'1if7 t'tM. , Ott : i Ci, t#* { �}er1�,- r1 ,. 'j 1I � 4 �- .lu �,�>�}•��±�'.[[,1Y + r ` 2(3 Suparintondent of Schools 0.3075 percent of the incremental tstx amount'. so t ,+; ^5� �z�j -, )1 tir 1,�Z1'"l�t .t..rl f t fi r�,r,"-,.'J�.. .rt{/ l k .'„t .T 2? allocated to and received by the Agency (representing 1/4 (one-fourth) of the .. t{ �'+�.JYt sty{,'} it . 7 •t;u},;a�l�"lY ,� ,. ,:; r �. .' • 1I,}i:lyL,I ♦,}3G"I,lt•'Zf ` ,,," ttt } ,/�t:u 28 1.23 ,pei-c_nt of property tag: revenues allocated to the Orange County Super- , ,}" �?i . rA" ✓J ;1.ilf l��e +l r tt ;J'}j r,'"- +l; ft��}• a � ��i ii R11tl r Y1;•E1t,} :�'.e ,�I � ` +�f�i ��•Sr~^�ti �lfj` to- �1. .>?11 r j1»'I 4 Z. �r(f`f td; 'l! y t ti r�1�' r E }.., Jr llf � i ''�. jh�J e lr l ' f�� { •�YjMr' `'•,1.. t � , r i -F 5 i T.l t':of 1, ,t '>.y •,{.,,It;;t "r •,: +T+ r ±f. :,;.� ..frr ) •t^ •y,- r,r•-f1R.,.Y��, r-, ..1�,«,. e, 7 r t^ r(.t�,. y` I �5r� til -'b :l. 1f9 ,t.•i.:.•J:.M y^{.,1� ,., „t•., ,t ,,. .. .� -1: i..t'y .," '1 �:.".;i J(� iw��:vj 'tL J�. af• " - ,'ryt'J' t•`''S r - '{�i•{Jt"\<, "L �•' tt y �r�(7 p t,r�:-. 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