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CC RES 1991-019RESOLUTION NO. 91 - 19 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS`VERDES MENDING RESOLUTION NO. 90 -53, THE BUDGET APPROPRIATION FOR FISCAL YEAR 1990; -91. (AMENDMENT H) WHEREAS, on ,April 17, 1990 the City Council enacted Ordinance. No. 255, which provides that all expenditures in excess of budgeted allocations must be by supplemental appropriation of the City Council; and WHEREAS, on June 19, 1990, the City Council of the City of Rancho Pales Verdes adopted Resolution 90 -53, approving a spending plan and authorizing a budget appropriation for the- 1990-91 fiscal year ; and WHEREAS, City Council has approved beautification grants to local homeowners associations out of Recycling Fund.revenues, and funds approved in prior fiscal years have not been. encumbered; and WHEREAS staff has been approached by residents about the formation of various 'improvement districts throughout the city, and staff desires to account for these funds in such a way so as to reimburse the City for its expenses if such districts are eventually formed* BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: That the following changes be made to the 1990 -91 City budget: (1) Increase the appropriation in the Recycling Fund (112 - 312-45) by $47,780. (2) Authorize an operating transfer of $6,000 from the General Fund (001-- 309 -98) to various improvement district accounts, including, but not limited to, the , fol looting districts Grandview (District # 10) Nancy Road (District # 11) Portuguese Bend Club (District # 12) Via Canada (District # 13) PASSED, APPROVED, AND ADOPTED THE 7TH DAY OF MAY, 19919 OR ATTEST: State of California,} County of Los Angeles } City of Rancho Palos Verdes } IF. JO PURCELL, City Clerk of The City of Rancho Palos Verdes , hereby certify that the above Resolution No . .91. - 19 was .duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on May_ 7., 1991. CITY C RK CITY ! RANCHO PALOS`VERDES