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CC RES 1992-002RESOLUTION NO. 92 - 2 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES AMENDING RESOLUTION NO, 91 -33, THE BUDGET APPROPRIATION FOR FISCAL YEAR 1991 -92. 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 5, 1991, the City Council of the City of Rancho Palos Verdes adopted Resolution 91 -33, approving a spending plan and authorizing a budget appropriation for the 1991 -92 fiscal year; and WHEREAS, on December 3, 1991 City Council adopted Ordinance No. 275 amending the Rancho Palos Verdes Municipal Code to provide for the removal of graffiti from private property at City expense; and WHEREAS, City Council proposed a transfer of funds from the Recycling Fund to the General Fund to fund these expenditures. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: That the following adjustment be made to the 1991 -92 City budget: (1) Increase the appropriation in the General Fund -Parks Maintenance Department budget (001- 341 -530) by $10,000. (2) Authorize a transfer of $10,000 from the Recycling Fund (112-- 391.2 0 ) to the General Fund (001-391,10) $ to fund the graffiti abatement expenditures. PASSED, APPROVED, AND ADOPTED THE TH Y OF JANUARY, 1992. 0 MAYO ATTEST: E Ci CJ.erk St to 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. 92 - 2 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held n Jana y 7, 19920 CITY CLERK, TY O -RANCHO PALOS VERDES