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HomeMy WebLinkAbout92-199 - ResolutionsRESOI/3Y/C~NO. 92-199 A RESOLUIIC~ OF ~E CITY ~ OF ~]{E CITY OF RANCID ~, C~T.TN'U~NIA~SHINGANAPP~OEC~LIMIT ~ TO A~TI~R XIIIB OF ~E CALIPC~NIA S~TE (~A'A'AVA'A(~FIS(~~1992-93 M{~EAS, Article XIIIB of the State of California provides that the total annual a~r{ariatic~s subject to ]~m~tetic~ of the State and of eac~ local gove~,mea~ shall not exEeed the a~I~-op~iaticns limit of such entity of gov~x-~ f~r the prior year adjusted fur d~3nges in the cost of living and populatic~ e~ as other wise provided in said Article XIIIB, and; WHEREAS, Pursuant to said Article XIIIB of the CUnstituticn of the State of California, the City Council of the City of Rancho Cucamonga _a_e~m~ it to be in the best intarests of the City of Rancho O KTannrrJa to establish an appxupriations limit fur the Fiscal Year 1992-93, and; WHEREAS, the Finance Officer of the City of Rancho O~amorr3a has determined that said appropriations limit fur the Fiscal Year 1992-93 be established in theamountof $20,904,828. NOW, I~REFORE, the City Council of the City of Rancho Ow~rFr3a does hereby resolve that an a~Y~iatiel limit fur the Fiscal Year 1992-93 pur~mnt to Article XIIIB of the CUnstitution of the State of California be established in theamountof $20,904,828 and the same is herebyest~blished. BE IT FURI}I~R RESOLVED, that said aF~ropriaticrs limit herein established may be changed as a~ed ~a~y by resolution of the City (buncil. PASSED, ~, and ADO~this 30thday of June 1992. Alexar~e_~r, Buquet, Stout, Williams, Wright Resolution No. 92-199 I, D~R~A J. ADAMS, CITY Cr.~{ of the City of Rancho Or~crr3a, California, do hereby certify that the foregoing Resolution w~s duly ~mv~, ~d ~bp~d b~ Um City ex==il ~ Um City of murho California, at an adjourned meeting of said City Council held on the 30th day of June 1992. Executed this 1st day of July 1992, at Rancho O~ca.e~3~, California.