RDA RES 1994-015 RESOLUTION NO. RDA 94-15
A RESOLUTION OF THE RANCHO PALOS VERDES
REDEVELOPMENT AGENCY AMENDING RESOLUTION NO.
94-7, THE BUDGET APPROPRIATION FOR FISCAL YEAR
1994-95, FOR A BUDGET ADJUSTMENT TO THE
AGENCY'S PORTUGUESE BEND PROJECT AREA
11/ WHEREAS, Section 3.32 of the City of Rancho Palos Verdes
Municipal Code provides that all expenditures in excess of budgeted
allocations must be supplemental appropriation of the City Council;
and
WHEREAS, on June 21, 1994, the Agency Board of the Rancho
Palos Verdes Redevelopment Agency adopted resolution 94-7,
approving a spending plan and authorizing a budget appropriation
for the 1994-95 fiscal year; and
WHEREAS, the approved budget did provide for relocation of the
half round drainage pipe, and the actual cost for this service is
$ 21, 000; and
WHEREAS, an increase in the Portuguese Bend Fund is necessary
to authorize the expenditure of additional funds for this project.
BE IT, THEREFORE, RESOLVED BY THE AGENCY BOARD OF THE CITY OF
RANCHO PALOS VERDES REDEVELOPMENT AGENCY:
That the following adjustment be made to the Portuguese Bend Fund
Budget:
Increase construction services in the Portuguese Bend Fund account
(375-725-560-78-82) an additional $ 8,900.
PASSED, APPROVED, AND ADOPTED THE 6TH DAY OF DECEMBER, 1994.
.1- S4R
CHAIR
ATTEST:
LIO '')
AG , CY SECRETARY
State of California )
County of Los Angeles ) ss
City of Rancho Palos Verdes )
I, JO PURCELL, Agency Secretary of the Rancho Palos Verdes
Redevelopment Agency, hereby certify that the above Resolution No.
RDA 94-15 was duly and regularly passed and adopted by the said
Agency Board at a regular meeting thereof held on D cember 6, 1994.
( :)_ L
AGENCY CRETARY
c:awardres.d94