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CC RES 1995-081RESOLUTION NO. 95 -81 A RESOLUTION OF THE CITY OF RANCHO PALOS VERDES AMENDING RESOLUTION NO. 95 -50, THE BUDGET APPROPRIATION FOR FISCAL YEAR 1995 -96, FOR A BUDGET ADJUSTMENT TO THE CITY'S PORTUGUESE BEND ROAD MAINTENANCE PROGRAM WHEREAS, Section 3.32 of the City of Rancho Palos Verdes Municipal Code provides that all expenditures in excess of budgeted allocations must be a supplemental appropriation of the City Council; and WHEREAS, on May 16, 19950, the City Council of the City of Rancho Palos Verdes adopted resolution 95 -50, approving a spending plan and authorizing a budget appropriation for the 1995 -96 fiscal year; and WHEREAS, an interim repair to the roadway on Palos Verdes Drive South in the Portuguese Bend Landslide Area will improve safety; and WHEREAS, an increase in the Portuguese Bend Road Maintenance Program is necessary to authorize the expenditure of additional funds for the repair. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: That the following adjustment be made to the Portuguese Bend Road Maintenance Program Budget: 110 Increase street maintenance contracts in the Portuguese Bend Road Program account (102- 305 - 530- 00 -30) an additional $ 23,000. PASSED, APPROVED, AND ADOPTED THE 15TH DAY OF AUGUST, 1995. ATTEST: CITY LERK State of California County of Los Angeles City of Rancho Palos Verdes I, JO PURCELL, City Clerk hereby certify that the above regularly passed and adopted by meeting thereof held on August cam, MAYOR 55 of the City of Rancho Palos Verdes, Resolution No. 95 -81 was duly and the said City Council at a regular 15, 1995. i CITY C RK