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CC RES 1993-073RESOLUTION NO. 93 -73 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES AMENDING RESOLUTION NO. 93 -44, THE BUDGET APPROPRIATION FOR FISCAL YEAR 1993 -94, FOR A BUDGET ADJUSTMENT TO THE STREET MAINTENANCE ACCOUNT /GAS TAX FUND WHEREAS, Section 3.32 of the Rancho Palos Verdes Municipal Code p rovides that all expenditures in excess of budgeted allocations must be by supplemental appropriation of the City Council; and WHEREAS, on May 18, 1993, the City Council of the City of Rancho Palos Verdes adopted Resolution 93 -44, approving a spending plan and authorizing a budget appropriation for the 1993 -94 fiscal year; and WHEREAS, an increase is needed in the Street Maintenance account for the sidewalk repair program due to changes in the scope of work. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: That the following adjustment be made to the 1993 -94 City budget: Street Maintenance - Public Works Decrease the unreserved fund balance by $20,000, increase the curb and sidewalk maintenance by $15,000 and increase public works contractor by $5,000. PASSED, APPROVED, AND ADOPTE HE 20TH DAY OF JULY, 1993. MAYOR ATTEST: n Ci "Al y Clerk S ate 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. 93 -73 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on July 20, 1993. CITY CLERK, TY OF RANCHO PALOS VERDES