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CC RES 2012-068RESOLUTION NO. 2012 -68 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2012 -43, THE BUDGET APPROPRIATION FOR FISCAL YEAR 2012 -13, FOR A BUDGET ADJUSTMENT TO THE CITY'S PARKS, TRAILS AND OPEN SPACE IMPROVEMENTS PROGRAM IN THE CAPITAL IMPROVEMENT BUDGET 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 19, 2012, the City Council of the City of Rancho Palos Verdes adopted Resolution 2012 -43, approving a spending plan and authorizing a budget appropriation for the 2012 -13 fiscal year; and WHEREAS, The majority of construction work at Eastview Park for improving the restrooms, access ramp and playground for ADA and safety compliance has been completed; and WHEREAS, the estimated quantity of the resilient safety surface at the playground was found to be short by 410 square feet of the actual value with an additional cost of $4, 920; and WHEREAS, the project budget is encumbered or expensed; and, WHEREAS, a budget increase of $4,920 in the Parks, Trails & Open Space Improvements fund is therefore necessary to authorize the expenditure for this work; and WHEREAS, the revised total of FY 12 -13 program expenditures for Parks, Trails and Open Space Improvements will be $822,920; and 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): Parks, Trails & Open Space Improvements Program in the Capital Improvement Budget Fund: Infrastructure Improvements 330 - 3033 - 461 -73 -00 $4,920 PASSED, APPROVED, AND ADOPTED THIS 18th DAY OF SEPTEMBER 2012. Mayor ATTEST: , Oi y 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. 2012- 68 was duly and regularly passed and adapted by the said City Council at a regular meeting thereof held on September 18, 2012. City Clerk .