CC RES 2012-073RESOLUTION NO. 2012 -73
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 &
OPEN SPACE IMPROVEMENTS PROGRAM IN THE CAPITAL IMPROVEMENTS 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, a fire hydrant water line breakage caused damages to the parking lot asphalt
surface estimated for the amount of $26,468; and
WHEREAS, California Water Services Company, which is responsible for the damage, will
reimburse the City for the cost of restoration through its insurance firm; and
WHEREAS, it is necessary for the City to allocate $26,468 with 10% contingency in the amount
of $2,646 for a total of $29,114 for Ryan Park Parking Lot Water Damage Restoration; and
WHEREAS, a budget increase on $29,114 in the Parks, Trails & Open Space Improvements
fund is necessary to authorize the expenditure for this work; 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 Improvements Budget Fund:
Ryan Park S. Entrance Road Improvements 330 - 3033 - 461 -73 -00 $29,114
PASSED, APPROVED, AND ADOPTED THIS 18th DAY OF SEPTEMBER 2012.
Mayor
ATT"ST:
City. Clerk
State of California )
County of Los Angeles )ss
City of y .Rancho Palos Verdes )
I, Carla MoReale, City Clerk of the City of Rancho Palos Verdes, hereby certify tbat-the above
Resolution No. 2012 -73 was duly and regularly passed and adopted by the said City Council at
a regular meeting thereof held on September 18, 2012.
City Clerk