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No. 0819 authorizing issuance of bonds on parity with COSB redevelopment district tax increment revenue bonds of 1985 & 1986 for purpose of raising money for property acquisition and redevelopment in SBCAA
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No. 0819 authorizing issuance of bonds on parity with COSB redevelopment district tax increment revenue bonds of 1985 & 1986 for purpose of raising money for property acquisition and redevelopment in SBCAA
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t ! <br />l <br />Parcel 2 is an area within the Allocation Area as <br />more particularly described in Exhibit C attached <br />hereto and incorporated herein with the base assess- <br />ment date of March 1, 1983; <br />Parcel 3 is an area within the Allocation Area as <br />more particularly described in Exhibit D attached <br />hereto and incorporated herein with the base assess- <br />ment date of March 1, 1981; <br />Parcel 4 is an area within the Allocation Area as <br />more particularly described in Exhibit E attached <br />hereto and incorporated herein with the base assess- <br />ment date of March 1, 1981; <br />Parcel 5 is an area within the Allocation Area as <br />more particularly described in Exhibit F attached <br />hereto and incorporated herein with the base assess- <br />ment date of March 1, 1985; <br />Parcel 6 is an area within the Allocation Area as <br />more particularly described in Exhibit G attached <br />hereto and incorporated herein with the base assess- <br />ment date of March 1, 1985; <br />Parcel 7 is an area within the Allocation Area as <br />more particularly described in Exhibit H attached <br />hereto and incorporated herein with the base assess- <br />ment date of March 1, 1985; <br />Parcel 8 is an area within the Allocation Area as <br />more particularly described in Exhibit I attached <br />hereto and incorporated herein with the base assess- <br />ment date of March 1, 1985; and <br />WHEREAS, with regard to taxes levied on real property in the <br />Allocation Area, property tax proceeds in excess of those attribu- <br />table to the lesser of: <br />(a) the assessed value of the property for the <br />assessment date with respect to which the allocation <br />and distribution is made; or <br />(b) the net assessed value of all property as <br />finally determined for the base assessment date of <br />the allocation provisions of the pertinent declara- <br />tory resolutions establishing the individual parcels <br />within the Allocation Area, as adjusted under <br />Section 39(h) of the Act; <br />-2- <br />
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