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CC RES 1995-084RESOLUTION NO. 95 -84 A RESOLUTION OF THE CITY COUNCIL 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 AB 2766 AIR QUALITY 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 May 16, 1995, 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 additional $85,400 is needed for the City's FY 95- 96 contribution to the Palos Verdes Peninsula Transit Authority; and WHEREAS, AB 2766 Air Quality funds are to be used for this additional contribution. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: That the FY 95 -96 AB 2766 Air Quality Fund Budget be amended to increase the miscellaneous contractual service expenditure account by $85,400 (314-25)0 PASSED, APPROVED, AND ADOPTED THE 15TH DAY OF AUGUST, 1995. w MAYOR AT'T'EST: CITYICLERK Sate 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. 95 -84 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on August 15, 19959 /10� _ /1) City Clerk/ - City of R;# cho Palos Verdes