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Resolution No. 93401 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION NO. 9340 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF VERNON ESTABLISHING A GENERAL GOVERNMENT APPROPRIATIONS LIMIT FOR THE FISCAL YEAR ENDING JUNE 30, 2008 PURSUANT TO GOVERNMENT CODE SECTION 7910 WHEREAS, Section 7910 of the Government Code requires the governing body of each local jurisdiction to establish, by resolution, an appropriations limit for each year; and WHEREAS, the appropriations limit for the fiscal year 2006-07 was $227,957,559; and WHEREAS, the voters of the State of California passed Proposition 111 on June 5, 1990; and WHEREAS, under Proposition 111, a City is allowed to use either (a) the change in California Per Capita income from the preceding year or (b) the percentage change in the local assessment roll from the preceding year due to increases in nonresidential construction; and WHEREAS, the City Clerk has posted a notice indicating that documentation used in the determination of the appropriations limit provided for herein has been available for inspection by the public for at least fifteen (15) days from and after May 21, 2007; and WHEREAS, the City Council of the City of Vernon hereby intends to establish the appropriations limit for the fiscal year 2007- 2008. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF VERNON AS FOLLOWS: SECTION 1: The City Council of the City of Vernon hereby 1 establishes $251,277,617 as the amount of the appropriations limit for 2 the fiscal year 2007-2008 in accordance with the provisions of 3 Proposition 111. The computation is attached hereto as Exhibit A and 4 incorporated by reference. 5 SECTION 2: The City Council of the City of Vernon approved 6 a budget by adopting Resolution No. 9341 on June 25, 2007, which will 7 not exceed the appropriations limit for the 2007-2008 fiscal year. 8 SECTION 3: The City Council of the City of Vernon hereby 9 declares that the budget established by Resolution No. 9341 complies 10 with the requirements of Government Code Section 7910. 11 SECTION 4: The City Clerk of the City of Vernon shall 12 certify to the passage of this resolution and thereupon and thereafter 13 the same shall be in full force and effect. 14 APPROVED AND ADOPTED this 25th day of June, 2007. 15 16 17 � Leonis C. Malburg Name: 18 Title: Mayor / 19 ATTEST: 20 21 22 MA UELA GIRO' , City Clerk 23 24 25 26 27 28 2 - 1 STATE OF CALIFORNIA ) 2 )ss COUNTY OF LOS ANGELES ) 3 4 I, MANUELA GIRON, City Clerk of the City of Vernon, do hereby 5 certify that the foregoing Resolution, being Resolution No. 9340 was 6 duly adopted by the City Council of the City of Vernon at a special 7 meeting of the City Council duly held on Monday, June 25, 2007, and 8 thereafter was duly signed by the Mayor or Mayor Pro-Tem of the City of 9 Vernon. 10 11 MANUELA GIR N, City Clerk 12 13 (SEAL) 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 3 - EXHIBIT VI& 2007-2008 APPROPRIATION LIMIT CALCULATION 2006-2007 Appropriation Limit $227,957,559 Increase in Non-residential construction 9.44% Los Angeles County population change .72% 1.0944 x 1.0072 = 1.1023 2007-2008 Appropriation Limit $227,957,559 x 1.1023 = $251,277.617 Exhibit A Jt , SUPPORTING DOCUMENTS r rd�AA CITY OF VERNON C PUBLIC NOTICE AMENDMENT TO APPROPRIATION Lj Ct f l Fo Jv Dl THE APPROPRIATION LIMIT FOR 2007-2008 PURSUANT TO-- 7910, ESTABLISHED AT S 251,277,617 FOR THE CITY OF VERNON, AS AMENDED IN ACCORDANCE WITH THE PROVISIONS OF PROPOSITION 111 ADOPTED BY THE VOTERS ON JUNE 5, 1990, AND EFFECTIVE JULY 1, 1990. THE RESOLUTION APPROVING THIS APPROPRIATION LIMIT WILL AMEND RESOLUTION NO. 9087, ADOPTED JUNE 28, 2006. DOCUMENTATION USED IN DETERMINATION OF THE APPROPRIATION LIMIT IS AVAILABLE FOR INSPECTION BY THE PUBLIC AT THE VERNON CITY HALL, FINANCE DEPARTMENT, 4305 SANTA FE AVENUE, VERNON, CALIFORNIA 90058, MONDAY THRU THURSDAY, 7:00 A.M. TO 5:30 P.M. MANUELA G CITY CLERK DATED: MAY 21, 2007 AFFIDAVIT OF POSTING STATE OF CALIFORNIA ) COUNTY OF LOS ANGELES) ss CITY OF VERNON } I, Sergio Canales, Planning Assistant, of the City of Vernon do hereby certify that on the 21$t day of May 2007, I did post three (3) copies of: Amendment to Appropriation Limitation Public Notice - to announce that documentation used in determination of the appropriation limit is available for inspection by the public at the Vernon City Hall, Finance Department, 4305 Santa Fe Avenue, Vernon, California 90058, Monday through Thursday, 7:00 a.m. to 5:30 p.m. On each of the following places, to wit: on the bulletin boards located on the northwest corner of 38th Street and Santa Fe Avenue and the northeast corner of Leonis Blvd. and Pacific Blvd., all in said City, there being no newspaper of general circulation printed and published in the City of V rnon. Date: Planning Assistant State of California ) )ss County of Los Angels) Ong�,I, `2 f7 - before me, Manuela Giron person ly appeared Sergio Canales personally known to me e-r- fte-e) to be the person{-) whose name (-&) is/a-n--e subscribed to the instrument and acknowledged to me that he/--s Bey executed the same in his/+fe 'ter authorized capacity, and that by his/fie � r signature(.&) on the instrument the person(, or the entity upon behalf of which the person(-s-) acted, executed the instrument. WIT %SSy hand and official seal -- - - - iVIANUELA 6tRON _ amy Commission# 1b11388 / Notary Public -CaliforniaLos Angeles County Comm. Expires Nov 4, 200 CITY CLERK'S OFFICE INTEROFFICE MEMORANDUM DATE: July 11, 2007 TO: Sharon Duckworth, City Treasurer FROM: Nelly Giron, City Clerk RE: Resolution No. 9340 - A Resolution of the City Council of the City of Vernon Establishing a General Government Appropriations Limit for the Fiscal Year Ending June 30, 2008 Pursuant to Government Code Section 7910 Transmitted herewith is a copy of Resolution No. 9340, referenced above, which was approved by City Council on June 25, 2007. Thank you. NG:dr c: Resolution No. 9340