CC RES 1995-103RESOLUTION NO. 95 -103
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES AMENDING RESOLUTION NO.
95 -501 THE BUDGET APPROPRIATION FOR FISCAL YEAR
1995 -967 FOR A BUDGET ADJUSTMENT TO THE QUIMBY
FUND FOR THE EASTVIEW TOT LOT INSTALLATION
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 total cost to purchase and install tot lot equipment and other amenities at
Eastview Park 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 1995 -96 Quimby Fund budget amended as follows:
- Decrease the Quimby Unreserved Fund Balance by $10,020.
- Increase Quimby Fund Improvements other than Buildings (934 -82) $6,520.
- Increase Quimby Fund Public Works Contractor (934 -37) $3,500.
PASSED, APPROVED, AND ADOPTED THIS 5TH DAY OF DECEMBER, 1995.
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
Mayor
I, JO PURCELL, City Clerk of the City of Rancho Palos Verdes, hereby certify that the
above Resolution No. 95 -103 was duly and regularly passed and adopted by the said City
Council at a regular meeting thereof held on December 5, 1995.
, Lt-' "Ley
City Clerk
City of Ra cho Palos Verdes