CC Resolution 1993-078^"E RESOLUTION NO. 93 78
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF LA QUINTA 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 1'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 set forth therein; and
WHEREAS, City of La Quinta 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 depositary; 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 La Quinta desires to
participate in Alternative Method of Distribution of Taxes;
NOW, THEREFORE, BE IT RESOLVED, FOUND, DETERMINED AND ORDERED,
in regular session assembled on October 5, 1993, that the City
Council of the City of La Quinta agrees to participate in the
Alternative Method of Distribution of Taxes comencing in Fiscal
Year 1993-94, which comences July 1, 1993, 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rescinded pursuant to the provisions of Chapter 3, Part 8 of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.
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PASSES, APPROVED and ADOPTED at a regular meeting of the La
Quinta City Council, held on this 5th day of October, 1993 by the
following vote, to wit:
AYES: Council Members Bangerter, Mccartney, Perkins, Sniff,
Mayor Pena
NOES: None
ABSTAIN: None
ABSENT: None
City of La Quinta, California
ATTEST:
*, LA(* *
*A*UNDRA_L. JUHO*A1 City Clerk
City of La Quinta, California
APPROVED AS TO FORM:
Le*
DAWN HONEYWELL * Attorney
City of La Quinta, California
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