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CC Resolution 10015 RESOLUTION NO. 10015 A RESOLUTION OF THE CI'IY COUNCIL OF THE CI'IY OF CAMPBELL ESTABLISHING THE APPROPRIATIONS LIMIT FOR FISCAL YEAR 2002/03 PURSUANT To ARTICLE XIIIB OF THE CALIFORNIA STATE CONSTITUTION WHEREAS, Proposition 4 was adopted by the voters of the State of California on November 6, 1979, adding Article XIII B of the California State Constitution; and WHEREAS, Proposition III was adopted by the voters of the State of California on June 5,1990, amending Article XIII B of the California State Constitution; and WHEREAS, pursuant to Section 8 of Article XIII B of the California State Constitution, the City Council determines that the change in the cost of living shall be measured by the percentage change in California per capita personal income from the preceding year and the change in population shall be measured by the change in County population growth; and WHEREAS, the City Council of the City of Campbell wishes to establish this appropriations limit for the Fiscal Year 2002/03 pursuant to Article XIII B of the California State Constitution; NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Campbell hereby finds and determines that the appropriations limit for Fiscal Year 2002/03 is $34,486,489. PASSED AND ADOPTED this 21st day of May, 2002 by the following roll call vote: AYES: Councilmembers: Burr, Kennedy, Furtado, Watson NOES: Councilmembers: None ABSENT: Councilmembers: Dean APPROVED: ATTEST ~,~~ ~e- ~nette Watson, Mayor