R 3365
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RESOLUTION NO. 3365
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF ARROYO GRANDE ADOPTING A TAX PROCEEDS
EXPENDITURE APPROPRIATION LIMIT FOR FISCAL
YEAR 1999-2000 \
BE IT RESOLVED by the City Council of the City of Arroyo Grande that the
Fiscal Year 1999-2000 expenditure appropriation limit from tax proceeds is
$10,742,035, in accordance with Article XIII8 of the California Constitution
(Prop.4, 581352).
BE IT FURTHER RESOLVED THAT the Fiscal Year 1999-2000 calculation is to
include the percentage change in California per. capita personal income, rather
than the percentage change in the local assessment roll due to the addition of
non-residential new construction, as the price factor.
On motion of Council Member Runels, seconded by Council Member Tolley, and
on the following roll call vote, to wit:
AYES: Council Members Runels, Tolley, Dickens, Ferrara, and Mayor Lady
NOES: None
ABSENT: None
the foregoing-Resolution was passed and adopted this 25th day of May, 1999.
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RESOLUTION NO. 3365
PAGE 2
ATTEST:
a
, ADMINISTRATIVE SERVICES DIRECTOR!
DEPUTY CITY CLERK
APPROVED AS TO CONTENT:
~L.~
ROBERT L. HUNT, CITY MANAGER
,
APPROVED AS TO FORM:
NEY
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RESOLUTION NO. 3365
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OFFICIAL CERTIFICATION
.
I, KELLY WETMORE, Director of Administrative Services of the City of Arroyo
Grande, County of San Luis Obispo, State of California, do hereby certify under
penalty of perjury, that Resolution No. 3365 is a true, full, and correct copy of
said Resolution passed and adopted at a regular meeting of the City Council of
the City of Arroyo Grande on the 25th day of May, 1999.
WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 2nd day
of June, 1999.
WM()!tJ.-
, ADMINISTRATIVE SERVICES DIRECTOR!
DEPUTY CITY CLERK
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