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CC Resolution No. 5481 • ~ RESOLUTION 5481 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF CUPERTINO ESTABLISHING AN APPROPRIATION LIMIT FOR FISCAL YEAR 1980-81 kHEREAS, the State of Californla has adopted legislation requiring local jurisdic[ions to calcula[e their appropria[ion Limits in complying with Proposition 4; and kHEREAS, said limits are determined by a formula based upon growth and cost of living factors; and ' kHEREAS, the local governing body is required to set an approp- , ' iation limit by adoption oE a resolution; NOk, THEREFORE, BE IT RESOLVED that [he City Council of Cupertino hereby approves a 1980-81 fiacal year appropriation limit of $13,204,550. ' PASSED AND ADOPTED at a regular meeting of [he City Council of ' the Ci[y of Cupertino this 3rd day of November , 1980 by the following vote: Vote Members of the City Council AYES: NOES: ~ ' ABSENT: ABSTAIN: APPROVm : ' / J Q1~ - f1 Mayor, City o Cuper o II ATTEST : ' ,I ~I! C ity Clerk