CC RESOLUTION 4051• RESOLUTION NO. 4051
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF EL
SEGUNDO, CALIFORNIA, REPEALING RESOLUTION NO.
4021 AND ADOPTING THE APPROPRIATION LIMIT FOR
FISCAL YEAR 1997198
WHEREAS, Article XIIIB of the California Constitution provides that the appropriations
limit for FY 1997/98 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. Resolution No. 2041 is repealed and replaced by this resolution.
• SECTION 2. The appropriation limit for the City of El Segundo for FY 1997/98 shall
be $38,563,352.
SECTION 3. 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.
ATTES
PASSED, APPROVED AND ADOPTED this 3rd day of February 1998.
(SEAL)
APPROVED AS TO FORM:
(,c�,e,Mark D. Hensley,
City Attorney
7
Sandra Jac oi , ayor
City of El Segundo, alifornia
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. 4051 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 3rd day of February, 1998, and the same was so passed and adopted by the
following vote:
AYES: Mayor Jacobs, Mayor ProTem Wernick, Councilman Weston,
Councilman Gordon and Councilwoman Friedkin
• NOES: None
•
ABSENT: Nons
ABSTENTION: None
NOT PARTICIPATING: None
WITNESS MY HAND THE OFFICIAL SEAL OF SAID CITY this 5th day of February,
1998.
L/indy e's�,ACi yy Jerk
of the ity of El Segundo,
California
(SEAL)
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