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CC RES 2004-085RESOLUTION NO. 2004 -85 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2004 -45, THE BUDGET APPROPRIATION FOR FY04 -05, TO INCREASE THE RPV TV CHANNEL 33 BUDGET FOR EQUIPMENT REPLACEMENT CHARGES. 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 1, 2004, the City Council of the City of Rancho Palos Verdes adopted Resolution 2004 -45, approving a spending plan and authorizing a budget appropriation for FY04 -05; and WHEREAS, the City Council wishes to fund the fiber optic cable and modulators to connect the RPV TV Channel 33 studio to the Cox Communications network and provide adequate funds to maintain and replace the cable and equipment. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments be made to the FY04 -05 budget: Increase the General fund budget as follows: RPV TV Channel 33 101- 1006- 411.94 -10 Equip Replcmt Chrg $47,430 Increase the EauiDment Realacement Fund as follows: Interfund Revenue 681 - 2082 - 381.20 -00 Equip Replcmt Chrg $47,430 Equipment Purchase 681 - 6083 - 499.75 -10 Telecom Equip $41,500 Equipment Deprec 681 - 6083 - 499.79 -00 Telecom Equip $ 51930 PASSED, APPROVED, AND ADOPTED THE 5th DAY OF YOCTBER 2004. i Attest: ayor City 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. 2004 -85 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on October 004. C City Clerk