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HomeMy WebLinkAbout1976-10-26; City Council; Resolution 40291 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 I 21 22 23 24 25 26 27 28 WHEREAS, on February 17, 1976, the City Council did establish an agricultural preserve on approximately 345 acres of prime agri- cultural land within the City of Carlsbad; and WHEREAS, on February 17, 1976, the City Council also approved the execution of a Land Conservation Contract between the City and the owner of the property placed into said agricultural preserve; and WHEREAS, said contract constitutes an enforceable restriction for purposes of the County Assessor when valuating the property for tax purposes; and WHEREAS, said restricted valuation resulted in a reduced total valuation for the City, and, subsequently, reduced tax revenues to the City and other affected taxing agencies; and MHEREAS, the State through the Open-Space Subventions Act of 1972 has provided for partial replacement revenues to local govern- ment by reason of the reduction of the property tax on open-space lands assessed under an enforceable restriction; and WHEREAS, the State has prescribed regulations to be followed in applying for State payments for eligible land under enforceable restrictions; and WHEREAS, the City desires to make application for said payments. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Carlsbad does hereby authorize the filing of an application RESOLUTION #4029 RESOLUTION OF THE CITY COUNCIL, CITY OF CARLSBAD, CALIFORNIA, AUTHORIZING THE FILING OF AN APPLICATION FOR THE STATE OPEN-SPACE SUBVENTION REVENUES AND DESIGNATING AN AUTHORIZED REPRE- SENTATIVE. r *’ 1 2 3 4 5 6 7 for open-space subvention revenues as prescribed b.y law; and FURTHER RE IT RESOLVED that the City Council does hereb.y designate the City Flanager as its authorized representative in the preparation and filing of said aDPlication. PASSED,APPROVED AND ADOPTED at an ad,journed regular meeting of the Carlsbad Cit.y Council held on the 26th day oc October 1976 by the followinq vote, to wit: 8 9 10 11 AYES: Ccauncl’lnen Frazee, Lewis, Packard, Skotnicki and NOES: ?lone Counci 1 woman Cas1 er ABSENT: None ABSTAIN: None 20 21 22 23 24 12 13 14 1 I 1511 ATTEST: 16 2.7 18 (SEAL) 25 26 27 28 I -2-