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2. Receive and file the Annual Statement of Investment Policy 2024-2025. 11.Adopt a Resolution Establishing the Appropriations Limit of the City of Santa Ana for FY 2024-25 Department(s): Finance and Management Services Recommended Action: Adopt a resolution establishing the appropriations limit of the City of Santa Ana for FY 2024-25, as required by state law. RESOLUTION NO. 2024-029 entitled A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA ESTABLISHING THE APPROPRIATION LIMIT OF THE CITY OF SANTA ANA FOR FISCAL YEAR 2024-2025 AGENDA ITEM NO. 12 WAS PULLED FOR SEPARATE DISCUSSION AND CONSIDERATION 12.Adoption of a Memorandum of Understanding (MOU) Establishing the Terms and Conditions of Employment for Classifications Represented by the Santa Ana Police Officers Association (SAPOA) Effective January 1, 2024 through June 30, 2027, and Adoption of a Resolution Updating the Compensation and Salary Schedule of Sworn Classifications of the Santa Ana Police Management Association (SAPMA) Department(s): Human Resources Recommended Action: 1. Authorize the City Manager to execute a Memorandum of Understanding with SAPOA regarding wages, hours, and other terms and conditions of employment effective January 1, 2024 through June 30, 2027, and authorize non -substantive changes which may be necessary to implement the agreement (Agreement No. A-2024-088); and 2. Approve a Resolution updating the compensation and salary schedule for sworn classifications of the SAPMA. RESOLUTION NO. 2024-030 entitled A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF SANTA ANA TO EFFECT CERTAIN CHANGES TO THE CITY'S CLASSIFICATION AND COMPENSATION PLAN MINUTES: Councilmember Penaloza spoke in support of the item. Mayor Amezcua spoke in support of the item and spoke regarding the need to retain and hire personnel. CITY COUNCIL I JUNE 18, 2024 City Council 4-9 7/16/2024