CC RES 1998-081 RESOLUTION NO. 98-81
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES AMENDING RESOLUTION 98-47, THE BUDGET APPROPRIATION FOR FISCAL
YEAR 1998-99, FOR AN APPROPRIATION INCREASE IN THE CITY'S EQUIPMENT
REPLACEMENT 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 3, 1998, the City Council of the City of Rancho Palos Verdes adopted Resolution
98-47, approving a spending plan and authorizing a budget appropriation for the 1998-99 fiscal year:
and
WHEREAS, certain 1998-99 fiscal year program expenditures, as described below, are expected to
exceed the amount budgeted; and
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES:
The following adjustment be made to the fiscal year 1998-99 budget:
Increase the Equipment Replacement Fund budget as follows:
382-86 Computer equipment 60,000
PASSED, APPROVED, AND ADOPTED THE 1ST DAY OF SEPTEMBER, 1998.
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AYOR
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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. 98-81 was duly and regularly passed and adopted by the said City Council at regular
meeting thereof held on September 1, 1998.
1r,
CITY CLERK