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CC RES 1995-047RESOLUTION 95 -47 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES AMENDING RESOLUTION NO. 94 -47, THE BUDGET APPROPRIATION FOR FISCAL YEAR 1994 -95, FOR A BUDGET ADJUSTMENT FROM THE GENERAL FUND UNRESERVED BALANCE TO PUBLIC WORKS ADMINISTRATION FOR COSTS FOR PROFESSIONAL AND CONSULTING SERVICES FOR THE DESIGN OF THE NEW SEWER LINE AND ACQUISITION OF RIGHT -OF -WAY 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 Fiscal Year 1994 -95 Fiscal Year; and WHEREAS, the City Council determined that professional and consulting services are necessary for the design and acquisition of right -of -way for new sewer lines to replace an existing facility damaged by ground movement in the vicinity of Tarapaca Road; and WHEREAS, an increase in Public Works Administration account is necessary to authorize the expenditure of additional funds for these professional and consulting services. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: That the Fiscal Year 1994 -95 Annual Budget be amended as follows: 1. Reduce the General Fund unreserved balance $25,000.00 2. Increase the Public Works Administrative budget Professional and Consulting Services (301 -39) $25,000.00 PASSED, APPROVED, AND ADOPTED THE SIXTEENTH DAY OF MAY, 19950 MAYOR Attest: CITYCL Stake 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 cerfity that the above Resolution No. 95 -47 was duly and regularly passed and adopted by the said C'ty Council at a regular meeting thereof held on May 16, 50 J ZI CITY CL Resol. No. 95 -47 Page 2