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HomeMy WebLinkAbout88-412 - Resolutions RESOLUTION NO. 88-412 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO CUCAH)N3A. CALIFORNIA. ESTABLISHING AN APPROPRIATION LIMIT PURSUANT TO ARTICLE XIIIB OF THE CALIFORNIA STATE CONSTIT~TION FOR FISCAL YEAR 1988-89 ~HEREAS, Article XIIIB of the State of Callfornia provides that the total annual appropriations subject to ~l~uaitation of the' State and of each local government shall not exceed the appropriations limit of such entity of government for the prior year adjusted for changes in the cost of 1lying and population except as other~Isa provided in said Article XIIIB-' and WHEREAS, pursuant to said Article XIIIB of the Constitution of the State of Callfornia, the City Council of the City of Rancho Cucamonga deems it to be in the best interests of the City of Rancho Cucamonga to establish an appropriations limit for the Fiscal Year 1988-89.' and ~EREAS, the Assistant Finance Director of the City of Rancho Cucamonga has deter~ined that said appropriations limit for the Fiscal Year 1988-89 be established in the a~ount of $17,192.510. NO~, THEREFORE, BE IT RESOLVED by the City Council of the City of Rancho Cucamonga that an appropriation limit for the Fiscal Year 1988-89 pursuant to Article XIIIB of the Constitution of the State of California be established in the amount of $17,192,510, and the same is hereby established. BE IT FURTHER RESOLVED that said appropriations limit herein established may be changes as deemed necessary by resolution of the City Council. PASSED, APPROVED, and ADOPTED this 28th day of June, 1988. AYES= Brown, Buquet, Stout, King NOES ~ None Dennis L. Stout, Mayor Resolutlon No. 88-412 Page 2 ATTEST: Beverly ~. Authelet, City Clerk I, BEVERLY A. AU~HELRT, CIT~ CLERK of the City of Rancho Cucmaonga, Californla, do hereby certify that the foregoing Resolution was duly passed, approved, and adopted by the City Council of the City of Rancho Cucamonga. California. at an adjourned ~eettng of said City Council held on the 28th day of June. 1988. Executed this 29th day of June, 1988 at Rancho Cucmaonga, California. Beverly ~. Authelet, City Clerk