Loading...
08-17 RESOLUTION NO. 08-17 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MENIFEE, CALIFORNIA, RATIFYING THE PROVISIONAL APPROPRIATIONS LIMIT FOR THE CITY SET BY THE LOCAL AGENCY FORMATION COMMISSION OF RIVERSIDE COUNTY AND DIRECTING STAFF TO CALL FOR AN ELECTION AS REQUIRED BY THE TERMS AND CONDITIONS OF INCORPORATION Whereas, the Riverside Local Agency Formation Commission determined a provisional appropriations limit of$26,049,674 for the City of Menifee on October 25, 2007, and Whereas, the City Council is required to propose a permanent appropriations limit,to be established by the voters of the City at the first municipal election held during the 2009-2010 fiscal year, and Whereas, an appropriations limit must be established for 2008-2009 fiscal year to meet the legal requirements of Article XIIIB of the California Constitution, including the designation of certain revenues as tax proceeds, as set forth in said budget. NOW THEREFORE, the City Council of the City of Canyon Lake resolves as follows: SECTION 1. The proposed permanent appropriations limit has been computed pursuant to the population for the City of Menifee and the California per capita personal income as set out in Section 7901 of the Government Code. PASSED,APPROVED AND ADOPTED this 1st day of October, 2008, as follows: Ayes: j )''ZL` c `�� c<<��"''�Z� Noes: Absent: v �� Abstain: C Q Wallace W. Edgerton, Mayor Attest: Kathy Bennett, City Clerk Approved as to form: Elizab"6fh Marlyn, Interim CityttA orney 4849-5978-4963.1