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CC RES 1995-106RESOLUTION NO. 95 -106 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES AMENDING RESOLUTION NO. 95 -507 THE BUDGET APPROPRIATION FOR FISCAL YEAR 1995 -96, FOR A BUDGET ADJUSTMENT TO THE QUIMBY FUND CAPITAL IMPROVEMENT 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, on December 5, 1995 the City Council of the City of Rancho Palos Verdes authorized the necessary improvements and related professional services for improvements to Robert E. Ryan Park. 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 Quimby Capital Improvement Fund, Unreserved Fund Balance $75,000.00. Increase Quimby Capital Improvement Fund Improvements other than Buildings, (934 -82) $607000.00 Increase Quimby, Capital Improvement Fund Professional Services, (934 -39) $15,000.00 PASSED, APPROVED, AND ADOPTED THE 5TH DAY OF DECEMBER, 1995. Mayor ATTEST: City lerk 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 -106 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on December 5, 1995. City Clerki City of Ran o P alos Verdes -2 Resolution No. 95 -106