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CC RES 2010-108 RESOLUTION NO. 2010-108 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2010-55, THE BUDGET APPROPRIATION FOR FISCAL YEAR 2010-11, FOR A BUDGET ADJUSTMENT TO THE CITY'S BUILDING REPLACEMENT/IMPROVEMENTS FUND. WHEREAS, Section 3.32 of the Rancho Palos Verdes Municipal Code provides that all expenditures in excess of budgeted allocations must be by supplemental appropriation of the City Council; and WHEREAS, on June 15, 2010, the City Council of the City of Rancho Palos Verdes adopted Resolution 2010-55, approving a spending plan and authorizing a budget appropriation for the 2010-11 fiscal year; and WHEREAS, it is necessary for the City to fund installation of fences, bollards and a concrete surface for the City Hall Power Generator system; and WHEREAS, a budget increase in the Building Replacement/Improvements fund is necessary to authorize this expenditure for the project; BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustment(s) be made to the following fund(s): BUILDING REPLACEMENT/IMPROVEMENTS FUND: Fence Installation for the City Hall Power Generator System: 686-3086-461-73-00 $ 25,000 PASSED, APPROVED, AND ADOPTED THIS 21St DAY 0 D ' MBER 20 /alb Mayor ATTEST: 04436t �Z City Clerk State of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) I, Carla Morreale, City Clerk of The City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2010-108 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on December 21, 2010. 4t_ /22°A,e6EJ-c_ City Clerk