CC RESOLUTION 4021C1
•
RESOLUTION NO. 4021
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL
SEGUNDO, CALIFORNIA, APPROVING AND ADOPTING THE
APPROPRIATION LIMIT FOR FISCAL YEAR 1997/98
WHEREAS, Article XIIIB of the Califomia Constitution provides that the appropriations
limit for FY 1997198 is calculated by adjusting the appropriations limit of FY 1996/97, 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 1997/98 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 1997/98;
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 1997/98 shall be
$38,856,944.
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.
ATTESTED:
C dy Morten' n,
ity Clerk (SEAL)
APPROVED AS TO FORM:
1
Mark D. Hensley,
City Attorney
PASSED, APPROVED AND ADOPTED this 1st day of July 1997.
Sandra Jacobs, r
,
City of El Segun California
. CERTIFICATION
STATE OF CALIFORNIA ]
COUNTY OF LOS ANGELES ] SS
CITY OF EL SEGUNDO ]
1, 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. 4021 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 1st day of July, 1997, and the same was so passed and adopted by the following
vote:
AYES: Mayor Jacobs, Mayor ProTem Wernick, Councilman Weston,
and Councilman Gordon
NOES: Councilwoman Friedkin
ABSENT: None
ABSTENTION: None
NOT PARTICIPATING: None
WITNESS MY HAND THE OFFICIAL SEAL OF SAID CITY this /g./ day of July,1997.
indy M see)
of the Ci y of El Segundo,
California
(SEAL)