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CC RESOLUTION 3974RESOLUTION NO. 3974 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, APPROVING AND ADOPTING THE APPROPRIATION LIMIT FOR FISCAL YEAR 1996197 WHEREAS, Article XIIIB of the California Constitution provides that the appropriations limit for FY 1996/97 is calculated by adjusting the appropriations limit of FY 1995/96, by changes in either the increase in Nonresidential Assessed Valuation or California per Capita Income, and changes in population; and WHEREAS, the appropriations limit for FY 1996/97 has been calculated by the Finance Department, and WHEREAS, the City of El Segundo has complied with all the provisions of Article XIIIB, in determining the appropriations limit for FY 1996/97; NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF EL SEGUNDO, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The appropriation limit for the City of El Segundo for FY 1996/97 shall be $36,421,753. ! SECTION 2. The City Clerk shall certify to the passage and adoption of this Resolution; shall enter 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 proceedings 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 this 1 6t-b day of July , 1996. Sandra Jacobs, City of El Segui ATTESTED: (*dy Mort e City Clerk (SEAL) APPROVED AS TO FORM: City Atto ey 0 CERTIFICATION STATE OF CALIFORNIA ] COUNTY OF LOS ANGELES ] SS CITY OF EL SEGUNDO ] I, Cindy Mortesen, City Clerk of the City of El Segundo, California, DO HEREBY CERTIFY that the whole number of members of the City Council of the said City is five; that the foregoing resolution, being RESOLUTION NO. 3974 was duly passed and adopted by the said City Council, approved and signed by the Mayor or said City, and attested by the City Clerk of said City, all at a regular meeting of the said Council held on the 16th day of July, 1996, and the same was so passed and adopted by the following vote: AYES: Mayor Jacobs, Councilwoman Friedkin, and Councilman Weston NOES: Councilman Gordon ABSENT: None ABSTENTION: Mayor ProTem Wernick NOT PARTICIPATING: None WITNESS MY HAND THE OFFICIAL SEAL OF SAID CITY this day of July, 1996. a � CINDY M RTESEN, City Clerk of the City of El Segundo, California a (SEAL)