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R 1870 . RESOLUTION NO. 1870 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE ADOPTING A TAX PROCEEDS EXPENDITURE APPROPRIATION LIMIT FOR FISCAL YEAR 1985-1986 THE CITY COUNCIL OF THE CITY OF ARROYO GRANDE HEREBY RESOLVES that the Fiscal 1985-1986 expenditure appropriation limit from tax proceeds is $3,426,482, in accordance with Article XIIIB of the California Constitution (Prop. 4 SB1352). On motion of Council Member Moots, seconded by Council Member Porter, and on the following roll call vote, to wit: AYES: Council Members,Johnson, Moots, Porter and Mayor Smith NOES: None ABSENT: Council Member Gallagher the foregoing Resolution was passed and adopted this 13th day of August, 1985. IJ,~) Ld/ MAYOR ATTEST: ~a. ~~ CITY LERK I, NANCY A. DAVIS, City Clerk of the City of Arroyo Grande, County of San Luis Obispo, State of California, do hereby certify that the foregoing Resolution No. 1870 is a true, full and correct copy of said Resolution passed and adopted at a regular meeting of said Council on the 13th day of August, 1985. WITNESS my hand and the Seal of the City of Arroyo Grande affixed this 13th day of August, 1985. 77~~fJ.~ CITY CLERK l