Ronald Reagan companies doing business with his department to make campaign contributions on his behalf. Reagan determined that the 18-year sentence was excessive compared to what other political figures in similar circumstances had been receiving. After leaving office in 1989, the Reagans purchased a home in Bel Air, Los Angeles, in addition to the Reagan Ranch in Santa Barbara. They regularly attended Bel Air Church and occasionally made appearances on behalf of the Republican Party; Reagan delivered a well-received speech at the 1992 Republican National Convention. Previously on November 4, 1991, the Ronald Reagan Presidential Library was dedicated and opened to the
Ronald Reagan public. At the dedication ceremonies, five presidents were in attendance, as well as six first ladies, marking the first time that five presidents were gathered in the same location. Reagan continued publicly to speak in favor of a line-item veto; the Brady Bill; a constitutional amendment requiring a balanced budget; and the repeal of the 22nd Amendment, which prohibits anyone from serving more than two terms as president. In 1992 Reagan established the Ronald Reagan Freedom Award with the newly formed Ronald Reagan Presidential Foundation. His final public speech was on February 3, 1994, during a tribute to him in