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_R_E_~O_L U TI 0 N NO. <br /> <br /> RESOLUTION ESTABLISHING APPROPRIATIONS LIMIT FOR <br /> FISCAL YEAR 2001102 <br /> <br /> WHEREAS, Article XIII B of the Constitution of the State of California <br />places various limitations on the City's powers of appropriation; and <br /> <br /> WHEREAS, Division 9 (commencing with Section 7900) of the <br />Government Code implements said Article XIII B and requires that each local <br />jurisdiction shall, by resolution, establish its appropriations limit for the following <br />year; <br /> <br /> NOW THEREFORE; <br /> <br /> BE IT RESOLVED BY THE COUNCIL OF THE CITY OF REDWOOD <br />CITY AS FOLLOWS: <br /> <br /> This Council does hereby establish as the appropriations limit for Fiscal <br />Year 2001/02, the amount of $89,403,662, calculated in accordance with the <br />provisions of Division 9 (commencing with Section 7900) of the California <br />Government Code. <br /> <br />F:Atty/Reso/Reso-1272 <br />010202 <br /> <br /> <br />