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HomeMy WebLinkAboutRES 96-37RESOLUTION NO.96-37 A RESOLUTION OF THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION,ARIZONA,PROPOSING AN EXTENSION OF THE ALTERNATIVE EXPENDITURE LIMITATION -HOME RULE OPTION. WHEREAS,the Arizona State Constitution permits the submission to the voters of a city or town of an alternative expenditure limitation;and WHEREAS,the voters of the city of Apache Junction,Arizona,in 1993 adopted an alternative expenditure limitation -home rule option;and WHEREAS,the mayor and city council of the City of Apache Junction, Arizona,after two public hearings has determined that an extension of the alternative expenditure limitation -home rule option is necessary for the City of Apache Junction,Arizona, NOW,THEREFORE, BE IT RESOLVED by the mayor and city council of the City of Apache Junction,Arizona,that the following alternative expenditure limitation -home rule option be submitted to the voters of the City of Apache Junction,Arizona. Shall the following be adopted by the City of Apache Junction,Arizona,as an alternative expenditure limitation: "The mayor and city council of the City of Apache Junction,Arizona,shall annually,as part of the annual budget adoption process,adopt an alternative expenditure limitation to apply to the City of Apache Junction, Arizona,for the fiscal year immediately following such adoption.The alternative expenditure limitation shall be adopted each year after a public hearing at which the citizens of the City of Apache Junction,Arizona,may comment on the proposed alternative expenditure limitation.No expenditures may be made in violation of such alternative expenditure limitation,nor may any proposed expenditures be in excess of estimated available revenues,except that the mayor and the city council may,by three -fourths vote,declare an emergency and suspend the alternative expenditure limitation.The suspension of the alternative expenditure limitation shall be in effect for only one fiscal year at a time." PASSED AND ADOPTED BY THE MAYOR AND CITY COUNCIL OF THE CITY OF APACHE JUNCTION, ARIZONA,THIS 3ED DAY OF DECEMBER ,1996. SIGNED AND ATTESTED TO THIS 571a DAY OF DECEMBER ,1996. RESOLUTION NO. 96-37 PAGE 1 OF 2 ATTEST: Z 6 /7-eXex KATHLEEN CONNELLY City Clerk APPROVED' AS T Citk Attorne RESOLUTION NO. 96-37 PAGE 2 OF 2