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CC RES 1995-027RESOLUTION 95 -27 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES AMENDING RESOLUTION NO, 94 -471 THE BUDGET APPROPRIATION FOR FISCAL YEAR 1994-95, FOR A BUDGET ADJUSTMENT FROM THE GENERAL FUND UNRESERVED BALANCE TO PUBLIC WORKS ADMINISTRATION FOR, COSTS TO TRANSFER THE COUNTY LIGHTING DISTRICT TO THE CITY. 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 21, 1994, the City Council of the City of Rancho Palos Verdes adopted Resolution 94 -47, approving a spending plan and authorizing a budget appropriation for the FY 94 -95 fiscal year; and WHEREAS, the City Council determined that a study to investigate the feasibility of acquiring the street lighting system citywide, and other engineering activities are necessary for the City to acquire the County Street Lighting Maintenance District; and WHEREAS, an increase in Public Works Administration account is necessary to authorize the expenditure of additional funds for these engineering studies. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: That the FY 1994 -95 Annual Budget be amended as follows: Increase the Public Works Administration budget as follows: 301 -39 Professional and Consulting Services $38,728.00 PASSED, APPROVED, AND ADOPTED THE SEVENTH DAY OF MARCH, 1995, Mayor ATTEST: Ci Clerk St to at 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 -27 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on March 7, 1995. City CXOrk City ofj Rancho Palos Verdes -2- RESOL. NO. 95 -27