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99-113RESOLUTION NO. 99R-113 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ANAHEIM, CALIFORNIA, ADOPTING THE COMMUNITY FACILITIES DISTRICT NO. 1989-3 (THE SUMMIT) ANNUAL APPROPRIATIONS LIMIT FOR THE FISCAL YEAR 1999/00. WHEREAS, the voters of California on November 6, 1977, added Article XIII B to the State Constitution placing various limitations on the appropriations of the state and local governments; and WHEREAS, Article XIII B of the State Constitution provides that the appropriations limit for fiscal year 1999/00 is calculated by adjusting the 1998/99 fiscal appropriations limit for changes in the cost of living and population except as otherwise provided in said Article XIII B; and WHEREAS, the information necessary for making these adjustments is attached in Exhibits A through G; and WHEREAS, the City of Anaheim has complied with all the provisions of Article XIII B of the State Constitution in determining the Community Facilities District No. 1989-3 (The Summit) appropriations limit for fiscal year 1999/00. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Anaheim that the Community Facilities District No. 1989-3 (The Summit) appropriations limit for fiscal year 1999/00 be established in the amount of $175,908,376.00. BE IT FURTHER RESOLVED that the City Council of the City of Anaheim, by recorded vote of the City Council adopting this resolution, hereby determines and selects that, with regard to fiscal year 1999/00 and the calculations specified herein for such fiscal year, the term "change in the cost of living" for purposes of Section 8(e)(2) of Article XIII B of the Constitution of the State of California shall mean the percentage change in the California per capita personal income from the preceding year. BE IT FURTHER RESOLVED that the City Council of the City of Anaheim, by recorded vote of the City Council adopting this resolution, hereby determines and chooses that, with regard to fiscal year 1999/00 and the calculations specified herein for such fiscal year, the term "change in population" for purposes of Article XIII B of the Constitution of the State of California and Division 9 of Article 1 of the Government Code of the State of California shall mean the change in population within the City of Anaheim. BE IT FURTHER RESOLVED that said appropriations limit herein established may be changed as deemed necessary by resolution of the City Council. THE FOREGOING RESOLUTION is approved and adopted by the City Council of the City of Anaheim this 15th day of June , 19 9 9. ATTEST: CITY CLERK OF THE CITY OF ANAHEIM MAYO~ OF THE ANA IM 26738.2 2 EXHIBIT A 1999/00 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989-3 (THE SUMMIT) CALCULATIONS & COMPARISON OF APPROPRIATIONS SUBJECT TO LIMIT FY 1998/99 Adopted Appropriations Limit Adjustment Factor FY 1999/00 Appropriations Limit 1.05836625 FY 1999/00 Appropriations Limit FY 1999/00 Appropriations Subject To Limit FY 1999/00 Appropriations Limit Margin FY 1999/00 Appropriations Limit Margin, As a Percent of Limit $166,207,469 $175,908,376 $175,908,376 66,331 $175,842,045 99.96% EXHIBIT B 1999/00 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989-3 (THE SUMMIT) ADJUSTMENT FACTORS POPUI .ATION - Selected Factor: City Population Growth Population count provided by the State Finance Department Population percent change pursuant to Sections 2227 and 2228 of the Revenue and Taxation Code 306,298 1.25 % PRICE FACTOR - Selected Factor: California Per Capita Personal Income Growth 4.53% POPULATION AND PRICE FACTOR CONVERTED TO AN ADJUSTMENT FACTOR A) Population: Converted to a factor B) Price Factor: Converted to a factor Ratio of change: A x B = 1.0125 1.0453 1.05836625 EXHIBIT C 1999/00 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989-3 (THE SUMMIT) APPROPRIATIONS SUBJECT TO LIMIT CALCULATION Total All Revenues Reduce by Non-Proceeds of Taxes Add User Fees in Excess of Costs Add User Fees in Replacement of Taxe~, Subtract Debt Service Appropriations $922,578 0 0 0 856,247 $922,578 922,578 922,578 $66,331 Total All Appropriations Reduce by Non-Proceeds of Taxes Subtract Debt Service Appropriations Appropriations Subject to Limit $922,578 0 856,247 $922,578 66,331 $66,331 EXHIBIT D 1999/00 APPROPRIATIONS LIMIT COMMUNITY FACILITIES DISTRICT NO. 1989-3 (THE SUMMIT) PROCEEDS OF TAXES CALCULATION Taxes State Subventions Service Charges Permit Fees Fines and Forfeitures Rentals Sales Refunds and Reimbursements Internal Service Charges Federal and County Subventions Contributions Subtotal Interest Total PROCEEDS NON-PROCEEDS OF TAXES OF TAXES $922,578 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 $922,578 $0 0 0 $922,578 $0 TOTAL $922,578 0 0 0 0 0 0 0 0 0 0 $922,578 0 $922,578 STATE OF CALIFORNIA ) COUNTY OF ORANGE ) ss. CITY OF ANAHEIM ) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing Resolution No. 99R-113 was introduced and adopted at a regular meeting provided by law, of the Anaheim City Council held on the 15th day of June, 1999, by the following vote of the members thereof: AYES: MAYOR/COUNCIL MEMBERS: Feldhaus, Kring, Tait, McCracken, Daly NOES: MAYOR/COUNCIL MEMBERS: None ABSENT: MAYOR/COUNCIL MEMBERS: None AND I FURTHER CERTIFY that the Mayor of the City of Anaheim signed said Resolution No. 99R-113 on the 15th day of June, 1999. IN WITNESS WHEREOF, I have hereunto set my hand and affixed the official seal of the City of Anaheim this 15th day of June, 1999. CITY CLERK OF THE CITY OF ANAHEIM (SEAL) I, LEONORA N. SOHL, City Clerk of the City of Anaheim, do hereby certify that the foregoing is the original of Resolution No. 99R-'1 '1:~ was duly passed and adopted by the City Council of the City of Anaheim on June 15th, 1999. CITY CLERK OF THE CITY OF ANAHEIM