CC RES 1995-094RESOLUTION NO. 95 -94
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 FROM THE
CAPITAL IMPROVEMENT FUND UNRESERVED FUND
BALANCE TO CAPITAL IMPROVEMENT - MISCELLANEOUS
CONTRACTUAL SERVICES.
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 FY 1995 -96
fiscal year; and
WHEREAS, the City Council found and determined that the public
necessity, health, safety, and welfare require the removal of
overhead facilities and the installation of underground facilities,
and install underground facilities.
BE IT, THEREFORE RESOLVED BY THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES:
That the Fiscal Year 1995 -96 Annual Budget be amended as follows:
Decrease the Capital Improvement Fund, Unreserved Fund Balance
as follows: $40,000.00.
Increase the Capital Improvement, Miscellaneous Contractual
Services budget as follows: $40,000.00.
PASSED, APPROVED, AND ADOPTED THE SEVENTH DAY OF OCTOBER, 1995.
Mayor
AT ST:
Cit 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. 95 -94 was duly and
regularly passed and adopted by the said City Council at a regular
meeting thereof held on October 17, 1995.
City C1e
City of ancho Palos Verdes
-2- Resol. No. 95 -94