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HomeMy WebLinkAbout85-95 - Mayor StipendRESOLUTION NO. 85 -95 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING AN ALLOWANCE OF TWO HUNDRED EIGHTY SEVEN DOLLARS AND SEVENTY NINE CENTS ($287.79) PER MONTH, ADJUSTED IN ACCORDANCE WITH THE CONSUMER PRICE INDEX, TO • THE MAYOR IN ACCORDANCE WITH SECTION 404 OF THE CHARTER WHEREAS, Section 404 of the City Charter and City Council Policy F -17 provide that the City Council may, by resolution, provide for the payment to the Mayor of an allowance to reimburse the Mayor for additional expenses incurred in so serving; and WHEREAS, pursuant to City Council Policy F -17, the allowance is to be adjusted to reflect changes in the Consumer Price Index using May, 1974 as the base month and year; and WHEREAS, changes in the Consumer Price Index, for the month of May, are received by the City on July 1st of each year; and WHEREAS, it is appropriate to adjust the allowance, paid to the Mayor, effective July 1, 1985, to reflect increases in the CPI; and WHEREAS, prior to July 1, 1985, the Mayor was allowed the sum of $275.39 and it is proposed to increase that sum by 4.5 %, an amount less than the 5% maximum increase authorized by the Charter. NOW, THEREFORE, BE IT RESOLVED by the City Council of • the City of Newport Beach that the Mayor be allowed the sum of Two Hundred Eighty Seven Dollars and Seventy Nine Cents ($287.79) -1- per month effective July 1, 1985 as reimbursement for additional demands and expenses incurred in serving as Mayor and in accordance with Section 404 of the Newport Beach City Charter. • ADOPTED this 9th day ATTEST: � � d City Clerk OW • -2-