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CC RES 1994-086RESOLUTION NO. 94 -86 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 TO THE PROPOSITION A FUND AND SOLID WASTE 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 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 1994-95 fiscal year; and WHEREAS, several projects approved in the fiscal year 1993-94 budget were not completed as planned and need to be amended into the fiscal year 1994 -95 budget; and WHEREAS, an increase in the Proposition A and Solid Waste Funds is necessary to authorize the expenditure of funds for these projects. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: That the following adjustments be made to the 1994-95 City budget: Increase the Proposition A Fund budget as follows: 316 -82 Improvement Other than Buildings $15,000 PASSED, APPROVED, AND ADOPTED THE 4TH DAY OF OCTOBER, 1994, MAYO A7rT ST: All A � C INY CL Stvate 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. 94 -86 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on October 4, 1994. I City Clerk!