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CC RES 1996-058RESOLUTION NO. 96 -58 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES AMENDING RESOLUTION NO. 96 -37, THE BUDGET APPROPRIATION FOR FISCAL YEAR 1996 -97, FOR A BUDGET ADJUSTMENT TO THE CITY'S GENERAL 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 June 4, 1996, the City Council of the City of Rancho Palos Verdes adopted Resolution 96 -37, approving a spending plan and authorizing a budget appropriation for the 1996 -1997 fiscal year; and WHEREAS, expenditures for nuisance abatement activities are not allocated in the FY 1996 -97 Planning, Building and Code Enforcement budget; BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: That the following adjustment be made to the General Fund Budget: Decrease the General Fund fund balance by $39,500 and increase the Planning, Building and Code Enforcement Fund (401 -30) an additional $39,500. PASSED, APPROVED, AND ADOPTED THE 16TH DAY OF JULY, 1996. ATTEST: State of California County of Los Angeles City of Rancho Palos Verdes ss lqm JO PURCELL, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 96 -58 was duly and regularly passed and. a opted by the said City Council at a regular meeting thereof held on July 16th,�96. / /� � City /clerk