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Resolution No. 4280RESOLUTION NO. 4280 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CYPRESS, AMENDING THE CITY'S APPROPRIATIONS LIMITS FOR THE FISCAL YEARS 1992 -93 AND 1993 -94 WHEREAS, Article XIIIB of the State Constitution establishes and defines annual appropriation limits of local government; and WHEREAS, appropriations subject to such limits may not exceed such limits; and WHEREAS, Chapter 1205 of the Government Code requires that each year the governing body shall, by resolution, establish its appropriations limit. NOW, THEREFORE BE IT RESOLVED that the City Council of the City of Cypress, hereby establishes that the amended appropriations limits are as follows: 1992 -93 Appropriation Limit 1992 -93 Population Option Used 1992 -93 Inflation Option Used 1993 -94 Appropriation Limit 1993 -94 Population Option Used 1993 -94 Inflation Option Used $23,977,031 City of Cypress Growth (4.05 %) California Per Capita Income (minus 0.64 %) $25,158,734 Orange County Growth (2.15 %) California Per Capita Income (2.72 %) PASSED AND ADOPTED by the City Council of the City of Cypress, at a regular meeting held on the 14th day of February 1994. ATTEST: CITY CLERK 'O THE CITY OF CYPRESS STATE OF CALIFORNIA COUNTY OF ORANGE SS MAYOR OF THE CITY OF CYPRESS I, DARRELL ESSEX, City Clerk of the City of Cypress DO HEREBY CERTIFY that the foregoing Resolution was duly adopted by said City Council at a regular meeting held on the 14th day of February , 1994, by the following roll call vote: AYES: NOES: ABSENT: 5 0 0 COUNCIL MEMBERS: Age, Bowman, Kerry, Nicholson and Partin COUNCIL MEMBERS: None COUNCIL MEMBERS: None CITY CLER OF THE TY OF CYPRESS