CC RESOLUTION 3633RESOLUTION NO. 3633
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL
SEGUNDO, CALIFORNIA, APPROVING AND ADOPTING THE REVISED
ANNUAL APPROPRIATION LIMITS FOR FISCAL YEAR 1978 -79
AND ALL INTERVENING YEARS THROUGH FISCAL YEAR 1989 -90.
WHEREAS, Article XIII B of the California Constitution
provides that the appropriations limit for the base fiscal year
1978 -79 be annually adjusted for changes in the U.S. Consumer
Price Index or the State of California per capita personal
income, which ever is the lessor, and the E1 Segundo population;
and
WHEREAS, the consulting firm of David M. Griffith and
Associates has calculated the base year appropriations limit and
the annual changes to the appropriation limit through fiscal year
1989 -90 based upon City of E1 Segundo Audited Financial State-
ments for fiscal years 1977 -78 and 1978 -79 and the City's popula-
tion figures and C.P.I. and per capita income figures as obtained
from the State of California Department of Finance; and
WHEREAS, these figures and factors have been utilized
in the attached schedules one through five to calculate the base
• year appropriation limitation and the annual limitation each year
through fiscal year 1989 -90;
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EL
SEGUNDO, CALIFORNIA, DOES RESOLVE AS FOLLOWS:
SECTION 1. That Resolution No. 3607 and all prior City
of E1 Segundo resolutions adopting annual appropriation limits
are voided and superseded by this resolution.
SECTION 2. The base year, fiscal year 1978 -79, ap-
propriations subject to limitation are $14,443,401, the fiscal
year 1989 -90 appropriations subject to limitation are $29,503,279
and the intervening year limitations are as shown on Schedule 1.
SECTION 3. The City Clerk shall certify to the passage
. and adoption of this resolution; shall enter the same in the book
of original resolutions of said city; and shall make a minute of
the passage and adoption thereof in the records of the proceed-
ings of the City Council of said city, in the minutes of the
meeting at which the same is passed and adopted.
PASSED, APPROVED AND ADOPTED thi 1 th,day of
April, 1990. �
Mayor o he City of El Segundo,
California.
0
( SEAL)
STATE OF CALIFORNIA )
40 COUNTY OF LOS ANGELES ) SS
CITY OF EL SEGUNDO )
I, Ronald L. Hart, City Clerk of the City of El Segundo, California, DO
HEREBY CERTIFY that the whole number of members of the City Council of said
City is five; that the foregoing resolution, being Resolution No. 3633 was duly
passed and adopted by the said City Council, approved and signed by the Mayor of
said City, and attested by the City Clerk of said City, all at a regular meeting of
the said Council held on the 17th day of April, 1990 and that the same was so
passed and adopted by the following vote:
AYES: Councilmembers Clutter, Dannen,
West, Anderson and Mayor Jacobson
NOES: None
ABSENT: None
WITNESS MY HAND THE OFFICIAL SEAL OF SAID CITY this 24st day
of April, 1990.
�. 3ART
City Clerk of the
City of El Segundo, California
(SEAL)