CC RES 1997-109RESOLUTION NO. 97 -109
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES AMENDING RESOLUTION NO.
97 -551 THE BUDGET APPROPRIATION FOR FISCAL
YEAR 1997 -98, FOR A BUDGET ADJUSTMENT TO THE
QUIMBY FUND FOR THE FRED HESSE COMMUNITY
CENTER PLAYGROUND IMPROVEMENTS
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 17, 1997, the City Council of the City of Rancho Palos
Verdes adopted Resolution 97 -55, approving a spending plan and authorizing a budget
appropriation for the FY 1997 -98 fiscal year; and
WHEREAS, the total cost to purchase and install playground equipment and
other amenities at Fred Hesse Community Center will exceed the budget, therefore
requiring a budget adjustment.
BE IT, THEREFORE RESOLVED BY THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES:
That the Fiscal Year 1997 -98 Quimby Fund budget amended as follows:
Decrease the Quimby Unreserved Fund Balance by $52,660.
- Increase Capital Improvement Fund Improvements other than Buildings
(934 -82) $42,660.
- Increase Capital Improvement Fund Public Works Contractor (934 -37)
$101000.
PASSED, APPROVED, AND ADOPTED THIS 2ND DAY OF DECEMBER, 1997
State of California
County of Los Angeles
City of Rancho Palos Verdes
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I, JO PURCELL, City Clerk of the City of Rancho Palos Verdes, hereby certify
that the above Resolution No. 97 -109 was duly and regularly passed and adopted by
the said City Council at a regular meeting thereof held December 2, 1997.
City Clerk
NAGROUMPMVICTOMHESSE.RES