CC RES 1996-011RESOLUTION NO. 96 -11
A RESOLUTION 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 PROVIDE FOR A
FINANCIAL CONTRIBUTION TO THE FRIENDS OF
FRIENDSHIP PARK
WHEREAS, Section 3.32 of the City of Rancho Palos Verdes Municipal Code
provides that all expenditures in excess of budgeted allocations must be a
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 wishes to provide a financial contribution to the
Friends of Friendship Park in support of their efforts in challenging the County of
Angeles approval of the development of Friendship Park; and
WHEREAS, an authorization to increase the budgeted appropriations is
necessary for the expenditures associated with this contribution.
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES:
That the following adjustment be made to the budget:
Decrease the Non - Departmental - Contingency (130 -75) account balance by $5,000
and increase the Non - Department -City Grants in the General Fund (130 -68) by
$5,000.
PASSED, APPROVED, AND ADOPTED THE 20TH DAY OF FEBRUARY, 1996.
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YCIT)( 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. 96 -11 was duly and regularly passed and adopted by the
said City Council at a regular meeting thereof eld on February 20, 1996.
Cfty 0
CLERK