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HomeMy WebLinkAbout5504 - - - - - - ~ .. - . ~ " ..., RESOLUTION NO. 5504 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARCADIA ESTABLISHING AN APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 1989-90 PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA CONSTITUTION WHEREAS, Article XIIIB of the California Constitution provides that the total annual appropriations subject to limitation of each governmental entity, including this city, shall not exceed the appropriation limit of such entity of government for the prior year adjusted for changes in the cost of living or personal income and population, except as otherwise provided for in said Article XIIIB and implementing State statutes, and WHEREAS, pursuant to said Article XIIIB of said Calif~rnia Constitution, the City is required to set its appropriation limit for each fiscal year, and has made available to the public the documentation used in the determination of said appropriation limit; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF ARCADIA, CALIFORNIA, DOES HEREBY RESOLVES AS FOLLOWS: SECTION 1. That the appropriation limit for Fiscal Year 1989-90 shall be and is hereby amended to be set in the amount of $24,795,444. SECTION 2. That the City Clerk shall certify to the adoption of thi.s Resolution. passed, approved and adopted 989. of Arcadia -1- 5504 A - - ~ .., ..... . - STATE OF CALIFORNIA COUNTY OF LOS ANGELES CITY OF ARCADIA ) ) SS: ) I, June Alford, City Clerk of the city of Arcadia, hereby certify that the foregoing Resolution No. 5504 was passed and adopted by the city Council of the City of Arcadia, signed by the Mayor and attested to by the city Clerk at a regular meeting of said Council on the 17th day of October 1989 and that said Resolution was adopted by following vote, to wit: AYES: Councilmember Gilb, Harbicht, Young and Chandler NOES: None ABSENT: Councilmember Lojeski ,& City -2- 5504