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1982-121-Setting The FY 1982-83 Appropriations Limit For Revenue Generated From "Proceeds Of Taxes" Pursuant To Article XIII(B) Of The State ConstitutionRESOLUTION NO. 1982 -121 A RESOLUTION SETTING THE FY 1982 -83 APPROPRIATIONS LIMIT FOR REVENUE GENERATED FROM "PROCEEDS OF TAXES" PURSUANT TO ARTICLE XIII(B) OF THE STATE CONSTITUTION WHEREAS, Article XIII(B) of the California State Constitution provides that local governments are subject to an appropriations limit from revenues designated as "proceeds of taxes," and WHEREAS, the Town of Los Gatos has determined its appropriations limits for the fiscal year beginning July 1, 1982, and ending June 30, 1983; NOW, 'THEREFORE, BE IT RESOLVED by the Town Council of the Town of Los Gatos, County of Santa Clara, State of California, that the appropriations limit for the Town of Los Gatos for the fiscal year 1982 -1983 is established at $6,823,105. PASSED AND ADOPTED by the Town Council of the Town of Los Gatos at a regular meeting held this 21st day of _ June 1982, by the following vote: AYES. COUNCIL MEMBERS Ruth Cannon Thomas J. Ferrito, MarL,yn J. Rasmussen and Mayor Peter W. Siemens NOES: COUNCIL MEMBERS None ABSENT: COUNCIL MEMBERS Brent N. Ventura ABSTAIN: COUNCIL MEMBERS None SIGNED: AR OF HE TOWN OF LOS GATOS ATTEST: CLERk OF THE TOWN OF "GATOS