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HomeMy WebLinkAboutReso 2005-183 RESOLUTION NO. 2005-183 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CHULA VISTA ESTABLISHING THE APPROPRIATIONS LIMIT FOR THE CITY OF CHULA VISTA FOR FISCAL YEAR 2005-2006 WHEREAS, Article XIIIB of the California Constitution, approved by the voters in 1979 and commonly referred to as the Gann Initiative, requires each locaJ government to establish an appropriations limit by resolution each year at a regularly scheduled meeting or noticed special meeting; and WHEREAS, the purpose of the limit is to restrict spending of certain types of revenues to a level predicated on a base year amount increased annuaJly by an inflation factor. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Chula Vista does hereby establish an appropriations limit of $446,907,029 for the 2005-2006 fiscaJ year. Presented by Approved as to form by r^~ Ann Moore City Attorney Maria achadoorian Finan e Director Resolution No. 2005-183 Page 2 PASSED, APPROVED, and ADOPTED by the City Council of the City of Chula Vista, California, this 7th day of June, 2005, by the following vote: AYES: Councilmembers: Castaneda, Davis, McCann, Rindone and Padilla NAYS: Councilmembers: None ABSENT: Councilmembers: None ATTEST: -_ ~~t3.:':.J ~ Susan Bigelow, MMC, City ~rk STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) CITY OF CHULA VISTA) I, Susan Bigelow, City Clerk of Chula Vista, California, do hereby certify that the foregoing Resolution No. 2005-183 was duly passed, approved, and adopted by the City Council at a regular meeting of the Chula Vista City Council held on the 7th day of June, 2005. Executed this 7th day of June, 2005. -;.- -.....l.u. ~ -;;;;i!l;..'f ~ Susan Bigelow, MMC, City Cler