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CC RES 1998-080 RESOLUTION NO. 98-80 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES AMENDING RESOLUTION NO. 98-47, THE BUDGET APPROPRIATION FOR FISCAL YEAR 1998-99, FOR A BUDGET ADJUSTMENT TO THE CITY'S COMMUNITY DEVELOPMENT BLOCK GRANT FUND WHEREAS, Section 3.32 of the City of Rancho Palos Verdes Municipal Code provides that all expenditures in excess of budgeted allocations must be a supplemental appropriation of the City Council; and WHEREAS, on June 3, 1998, the City of the Rancho Palos Verdes adopted resolution 98-47, approving a spending plan and authorizing a budget appropriation for the 1998-99 fiscal year; and WHEREAS, it is advantageous to the City to allocate additional funds to ADA improvements at Ladera Linda and Eastview Parks;and WHEREAS, an appropriation increase in the Community Development Block Grant Fund is necessary to complete this project. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: That the following adjustments be made to the following fund budgets: Increase the Community Development Block Grant Fund budget as follows: 110-910-82 Improvements Other Than Buildings $27,100 110-364.10 Grant Income 27,100 PASSED, APPROVED, AND ADOPTED THE 1ST DAY OF SEPTEMBER, 1998. J/2 MAYOR ATTEST: EITY CLERK State of California ) County of Los Angeles ) ss City of Rancho Palos Verdes ) I, JO PURCELL, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 98-80 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on September 1, 1998. ,,a00 CIT LERK -2- Resol. No. 98-80