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CC RES 1995-092RESOLUTION NO. 95 -92 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 COMMUNITY DEVELOPMENT BLOCK GRANT 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, the City Council at its June 20, 1995 meeting authorized the continuing appropriation for the ADA Improvement Project at Hesse Park and Pt. Vicente Interpretive Center but did not authorize a corresponding increase in the grant income; and WHEREAS, the City Council at it June 6, 1995 meeting approved the Portuguese Bend Grading and Portuguese Canyon Erosion Control projects but did not adopt budget adjustments at that time, and WHEREAS, additional funding amendments have been made to CDBG projects to make money available for higher priority projects. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: That the FY 95 -96 Community Development Block Grant Fund Budget be amended as follows: Increase the Grant Income line item by $179,561, increase public works administration by $16,090, increase professional and consulting services by $7,689, increase construction services by $18,686 and increase improvements other than buildings by $110,096. PASSED, APPROVED, AND ADOPTED THE 17TH DAY OF OCTOBER, 1995. ATTEST: CI CL K Ste 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 -92 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on October 17, 199. ity Cie