HomeMy WebLinkAbout18190 - RESOLUTIONS - 10/6/1993RESOLUTION NO. 18190
OF THE CITY COUNCIL OF THE CITY OF PALM
SPRINGS, CALIFORNIA MADE PURSUANT TO
SECTION 4715 OF THE REVENUE AND TAXATION
CODE OF THE STATE OF CALIFORNIA AGREEING TO
PARTICIPATE IN THE ALTERNATIVE METHOD FOR
DISTRIBUTION OF TAX LEVIES AND COLLECTIONS
AND OF TAX SALE PROCEEDS ADOPTED BY THE
COUNTY OF RIVERSIDE
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 Bet forth therein; and
WHEREAS, the City of Palm Springs 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 depository; and
WHEREAS, 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
WHEREAS, the City Council of the City of Palm Springs desires to participate in
Alternative Method of Distribution of Taxes;
NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Palm Springs
that the City of Palm Springs 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. 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effect for each fiscal year thereafter unless rescinded pursuant to the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.
ADOPTED this 6th day of October , 1993
AYES: Members Hodges, Lyons, Reller-Spurgin, Schlendorf and Mayor Maryanov
NOES: None
ABSENT: None
ATTEST:
Gi,G]/ Clerk l/
REVIEWED & APPROVED
1
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