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HomeMy WebLinkAboutRES 2003-41RESOLUTION N0.2003 - 41 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF DIAMOND BAR, COUNTY OF LOS ANGELES, STATE OF CALIFORNIA, SE,7TING THE PROPOSITION 4 (GANN) APPROPRIATIONS LIMIT FOR FISCAL YEAR 2003-2004 FOR THE CITY OF DIAMOND BAR IN ACCOR ANCE WITH THE PROVISIONS OF DIVISION 9 OF TITLE 1 O THE GOVERNMENT CODE WHEREAS, Article XIII 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 199( 1), provides that the total annual appropriations limit of such entity for the prior year be adjusted for cha iges in the non-residential assessed valuation or the percentage change in the California Pei, Capita Income and population except as otherwise specifically provided for in said Article; and 1 WHEREAS, Section 7910 of the Government Coderovides that p a each year the governing body of each local jurisdiction shall, by resolution, establish its appropriations limit for the following fiscal year pursuant to Article Xlll B at a regularly scheduled meeting or a noticed special meeting. Prior to such meeting, documentation used in the determination of the appropr ation limt shall be available to the public; and WHEREAS, Proposition 111 as approved by the voters of the State of Cal ifornia, r vised the method for calculating the Gann Spending Limit. It also requires a recorded vole vote cf the City Council regarding which of the annual adjustment factors have been selected each year; an WHEREAS, Section 7902 (a) and 7902.6 of the Government Code sets forth the ry ethod for determining the appropriations limit for each local jurisdiction for the fiscal year; an WHEREAS, the City Council of the City of Diamond Bar wishes to establis the appopriation limit for fiscal year 2003-2004 for the City of Diamond Bar. 03-41 NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Diamond Bar, California, as follows: Section 1. That it is hereby found and determined that the documentation used in the determination of the appropriations limit. for the City of Diamond Bar for fiscal year 2003- 2004 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 Angeles LAFCO, established the appropriations limit for the newly incorporated City. Section 3. That the factor selected is the percentage change in total assessed valuation for the city, due to non-residential construction. Section 4. That the Appropriations Limit for the City of Diamond Bar as established in accordance with Section 7902(a) and Section 7902.6 of the California Government Code is $24,723,466. Section 5. That the Mayor of the City of Diamond Bar shall sign and the City Clerk shall certify to the passage and adoption of this Resolution No. 200341 - PASSED, APPROVED AND ADOPTED this 1.7t<h— day of j ne 2003. Carol Herrera, Mayor 2003-41 1 1 1, Linda C. Lowry, City Clerk of the City of Diamond Bar do hereby certily that Resolution was passed, and approved and adopted at a regular meeting of tho City City of Diamond Bar held on the 17 th day of June , 2003, by the following vote: AYES: COUNCIL MEMBERS: Chang, O'Connor, Zirbe , MPT/Huff, M/Herrera NOES: COUNCIL MEMBERS: None ABSENT: COUNCIL MEMBERS: None ABSTAINED: COUNCIL MEMBERS: None ATTEST: Uhda C. Lowry, City City of Diamond Bar 2003-41 foregoing cil of the