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CC RES 1992-019RESOLUTION NO. 92 - 19 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 -920 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 June 18, 1991 City Council authorized participation in a school traffic study; and WHEREAS, on January 11, 1992 City Council approved an April special election, 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 Traffic Safety Fund (104- 304 -530) by $5,0000 (2) Authorize a transfer of $5,000 from the General Fund (001- 391.20) to the Traffic Safety Fund (104-391.10) to fund the school traffic study. (3) Increase the appropriation in the General Fund -City Clerk Department budget (001-104) by $10,0000 PASSED, APPROVED, AND ADOPTED THE 3RD DAY OF MARCH, 1992. r YOR ATTEST: ci clerk St to of California County of Los Angeles City of Rancho Palos Verdes ) ss I, JO PURCELL, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 92 -19 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on March 3, 19920 6� CITY CLERK, Y OP RANCHO PALOS VERDES -2- RESOL. NO. 92 -19