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1986-083-Authorizing Continuation Of Funding For Town Services At The 1985-86 Authorizing Level Pending Budget Hearing On July 7, 1986RESOLUTION NO. 1986 -83 A RESOLUTION AUTHORIZING CONTINUATION OF FUNDING FOR TOWN SERVICES AT THE 1985 -86 AUTHORIZATION LEVEL PENDING BUDGET HEARING ON JULY 7, 1986 WHEREAS, Section 2 -20 (f) of the Los Gatos Town Code requires the Manager to annually prepare and submit a budget to the Town Council and be responsible for its administration and; WHEREAS, the Town Manager has distributed a proposed budget for the 1986 -87 fiscal year to the Town Council; and WHEREAS, the Town Council will consider and review said proposed budget during a public hearing to be held on July 7, 1986; and WHEREAS, it is necessary to provide authorization for funding for the period between July 1, 1986, and July 7, 1986; and WHEREAS, the existing budget at the same authorized service level will continue until a new budget is adopted; NOW, THEREFORE, BE IT RESOLVED AND IT IS HEREBY RESOLVED by the Town Council of the Town of Los Gatos, County of Santa Clara, State of California, that the Town Council hereby adoptes as the budget for the Town of Los Gatos the schedule entitled "Summary of Appropriations ", attached hereto, which authorizes a continuation of funding for Town Services at the 1985 -86 Authorization Level pending the Budget Hearing on July 7, 1986. PASSED AND ADOPTED at a regular meeting of the Town Council of the Town of Los Gatos, California, held on the 16th day of June, 1986, by the following vote: AYES: COUNCIL MEMBERS Eric D. Carlson, Thomas J. Ferrito Brent —N-. Ventura _and.�4ayor Terrence J. DailX NOES: COUNCIL MEMBERS ABSTAIN: COUNCIL MEMBERS ABSENT: COUNCIL MEMBERS Joanne Benjamin SIGNED ATTEST: DEPUTY CLERK OF T TOWN OF LOS GATOS