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HomeMy WebLinkAboutRES 2005-41RESOLUTIOiN NO. 2005 — 41 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DIAMOND BAR, COUNTY OF LOS ANGELES, STATE OF CALIFO NIA, SETTING THE PROPOSITION 4 (GANN) APPROPRIATIONS LIMIT FOR FISCAL YEAR 2005-2006 FOR THE CITY OF DiAMOND BAR IN ACCORDANCE WITH THE PROVISIONS OF DIVISION 9 OF TITLE 1 OF THE GOVERNMENT CODE WHERE, Article Xlli B of the Constitution of the State of California (enacted with the passage of Proposition 4 in 1979 and modified with the passage of Proposition 111 in 1990), provides that the total annual appropriations limit of such entity for the prior year be adjusted for changes in the growth factor of City p pulation change over the prior year and the change in the California Per Capita Income as of ierwise specifically provided for in said Article; and WHEREAS, Section 7910 of the E overnment Code provides that each year the governing body of each local jurisdiction hall, by resolution, establish its appropriations limit for the following fiscal year pursuant to A ticle XIII B at a regularly scheduled meeting or a noticed special meeting. Prior to such mE eting, documentation used in the determination of the appropriation limit shall be available to the public; and WHEREAS, Proposition 111 as approved by the voters of the State of California, revised the method for calculating the Gain Spending Limit, it also requires a recorded voice vote of the City Council regarding which of the annual adjustment factors have been selected each year; and WHEREAS, Section 7902 (a) and 7902.6 of the Government Code sets forth the method for determining the appropriation limit for each local jurisdiction for the fiscal year; and WHEREAS, the City Council of appropriation limit for fiscal year 2005 NOW, THEREFORE, BE IT R Bar, California, as follows: City of Diamond Bar wishes to establish the for the City of Diamond Bar. VED by the City Council of the City of Diamond Section 1. That it is hereby found and oetermined that the documentation used in the determination of the appropriations limit f. r the City of Diamond Bar for fiscal year 2005-2006 was available to the public in City offices of said City at least fifteen days prior to this date. Section 2. That the County of Los the newly incorporated City. Section 3. That the factor selected is th for the City, due to non-residential constru les LAFCO, established the appropriations limit for percentage change in total assessed valuation ion. 2-005--41 Section 4. That the Appropriations Li accordance with Section 7902(a) and S $25,910,313. for the City of Diamond Bar as established in on 7902.6 of the California Government Code is Section 5. That the Mayor of the City oDiamond Bar shall sign and the City Clerk shall certify to the passage and adoption of thi Resolution No. 2005 - PASSED, APPROVED AND ADOf 1, Linda C. Lowry, City Clerk of the City of foregoing Resolution was duly and regular City of Diamond Bar, California, at its regu iiine , 2005, by the folic AYES: COUNCIL MEMBE NOES: ED this day of June, 2005, Wen Chang, Mayor amond Bar, California do hereby certhat the passed and adopted by the City Council of the r meeting held on the 21st day of ing vote: Herrera, Tanaka, Zirbes, XPIT/o a Connor, 2,;/Chang COUNCIL MEMBERSk Norse ABSENT: COUNCIL MEMBE ABSTAINED: COUNCIL MEMBERS; DA C CITY hone done WHY" --C�1f1 Y CLERK DZQND BAR 2005--41