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HomeMy WebLinkAboutResolution - 1704 RESOLUTION NO. 1704 A R-__.53,`)LUTIDN OF THE CITY COUNCIL OF THE OF SAN JACINTO, CALIFDRNIA, ESTABLISHING A SPENDING LIMITATION FOR FTSCAL YEAR 10B7­ 198e, 2 3 4 WHEREAS, Article XIIIB of the California Constitution provides 5 for the establishment of a -formal spending limitation; --j n d 6 WHEREAS, the Saco- Jacinto City Council has met the public 7 hearing requirements pursuant to 5B1352� Chapter 1205 of the 1980 Statutes- --i-nd 8 WHEREAS, -the spending limitation for Fiscal Year IqB7-1920 9 10 totals $3,,636,557, adjusted for various exempted fees and fund;, 11 NOW, THEREFORE , BE IT RESOLVED the Fiscal. Year l,997­1988 12 spending I i m t a t i on is hereby established as $39636,557�00 13 mubjmct to later adjustmerits for annexations , transfer and nowly­ 14 assumed serviC:2S and newly-established feesa 15 MOVED, PASSED ano ADOPTED at a regular- meeting held this 2nd 16 day of June 198_7, by the Following vote - 17 AYES; Councilmen Ford, Divine, Stevens and Stuart WOES- None 18 19 ABSENT counc.iinjan Redding A 31 S T A I iN E D None 20 21 ATTEST 22 Hayo Ciyy of San Jacinto 23 24 1)RputyyC,ity Clerk 25 26 CE"RT I F I CAT I ON 27 The foregois-�q is certified to be a tFLAR cnPy of Resolution No . 1704 diAly adopted by said City Council 0-f the City of San 28 Jacinto on the data thereln set forth . 99 30 ATTEST- 31 32 D put} City Clcal' k.