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<br />~.ðð-3 <br /> <br />RESOLUTION NO. <br /> <br />RESOLUTION ESTABLISHING APPROPRIATIONS LIMIT <br />FOR FISCAL YEAR 2005/06 <br /> <br />WHEREAS, Article XIII 8 of the Constitution of the State of California <br /> <br />places various limitations on the City's powers of appropriation; and <br /> <br />WHEREAS, Division 9 (commencing with Section 7900) of the- <br /> <br />Government Code implements said Article XIII 8 and requires that each local <br /> <br />jurisdiction shall, by resolution, establish its appropriations limit for the following <br /> <br />year. <br /> <br />NOW THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE <br />CITY OF REDWOOD CITY AS FOLLOWS: <br /> <br />This Council does hereby establish as the appropriations limit for Fiscal <br /> <br />Year 2005/06, the amount of $261,543,316, calculated in accordance with the <br /> <br />provisions of Division 9 (commencing with Section 7900) of the California <br /> <br />Government Code. <br /> <br />* <br /> <br />* <br /> <br />* <br /> <br />Atty/Reso/Reso.1546 <br />060805 <br /> <br />, <br />