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2007-08 RESOLUTION NO. 2007-08 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF GRAND TERRACE, CALIFORNIA, ESTABLISHING THE FISCAL YEAR 2007-2008 APPROPRIATIONS LIMIT PURSUANT TO ARTICLE XIII-B OF THE STATE CONSTITUTION AS REQUIRED BY CALIFORNIA GOVERNMENT CODE SECTION 7910 WHEREAS,Article XIII-B of the California Constitution requires that an Appropriations Limit be determined and established annually for each governmental entity within the State of California; NOW THEREFORE,THE CITY COUNCIL OF THE CITY OF GRAND TERRACE DOES HEREBY RESOLVE; DECLARE,DETERMINE AND ORDER AS FOLLOWS: Section 1. That the City Council of the City of Grand Terrace hereby establishes the Fiscal Year 2007-2008 Appropriations Limit pursuant to Article XIII-B of the State Constitution as required by California Government Code Section 7910. Section 2. That the limits determined on Exhibit"A" attached hereto and incorporated herein by reference is the established limit for Fiscal Year 2007-2008. Section 3. That the City of Grand Terrace, as shown in said Exhibit"A", has complied with the limit imposed on appropriations and that all proceeds of taxes were appropriated for Fiscal Year 2007-2008. PASSED, APPROVED, AND ADOPTED this 121' day of June, 2007. ATTEST: City Clerk of the City of Grand Terrace Mayor o he City of Grand Terrace Terrace and of the City Council thereof and of e City Council thereof - RESOLUTION NO. 2007-08 Page 2 I BRENDA MESA, City Clerk of the City of Grand Terrace, California, do hereby certify that the foregoing resolution was introduced and adopted at a regular meeting of the City Council of the City of Grand Terrace held on the 12th day of June, 2006 by the following vote: AYES: Councilmembers Cortes, Miller_and Buchanan; Mayor Pro Tem. Garcia and Mayor Ferre NOES: None ABSENT: None ABSTAIN: None Approved as to form: City Attorne City Clerk