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HomeMy WebLinkAboutRES 16-10RESOLUTION NO. 16-10 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 2013 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 of the City of Apache Junction, alternative expenditure limitation - to the voters of the City of Apache by the Mayor and City Council Arizona,that the following home rule option be submitted 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 equal to the total amount of budgeted expenditures/expenses as it appears on the annual budget as adopted by the Council to apply to the City of Apache Junction for each of the four fiscal years immediately following adoption of the alternative expenditure limitation.The alternative expenditure limitation shall be adopted each year after a public hearing at which citizens of the City of Apache Junction 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 COUNCIL AP' THE CITY OF APACHE JUNCTION, ARIZONA, THIS / 1 -17't DAY OF L',0441_,2016. RESOLUTION NO. 16-10 PAGE 1 OF 2 SIGNED AND ATTESTED TO THIS 2016. ATTEST: KATHLEEN CONNELLY City Clerk APPROVED AS TO FORM: RICHARD J. STERN City Attorney RESOLUTION NO. 16-10 PAGE 2 OF 2 ge-cd DAY OF (US. kr-or