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HomeMy WebLinkAbout91-110 - Mayor Expenses AllowanceRESOLUTION NO. 91- 110 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF NEWPORT BEACH AUTHORIZING AN ADJUSTMENT TO THE ALLOWANCE FOR EXPENSES, COMPUTED IN ACCORDANCE WITH THE CONSUMER PRICE INDEX, TO THE MAYOR AS PER 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 tc the mayor, effective each July 1, to reflect increases in the CPI. NOW, THEREFORE, BE IT RESOLVED by the City Council of the City of Newport Beach that the Mayor be allowed an adjustment to the reimbursement for additional demands and expenses incurred in serving as Mayor as per Section 404 of the Newport Beach City Charter and City Council Policy F -17. Such adjustment will be made each July 1 until such action is rescinded by Council resolution. ADOPTED this 25th day of November, 1991. MNYOR / ATTEST: PO City er Clk • D• c ti� K�;�