RDA RES 1995-014 RESOLUTION NO. RDA 95-14
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE RANCHO
PALOS VERDES REDEVELOPMENT AGENCY AMENDING
RESOLUTION 95-12 , THE BUDGET APPROPRIATION
FOR FISCAL YEAR 1995-96, FOR CERTAIN CONTINUING
APPROPRIATIONS FROM FISCAL YEAR 1994-95.
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 6, 1995 the Agency Board of Directors of the
Rancho Palos Verdes Redevelopment Agency adopted Resolution 95-12 ,
approving a spending plan and authorizing a budget appropriation
for the 1995-96 fiscal year: and
WHEREAS, certain projects included in the fiscal year 1994-95
budget will not be completed by year end; and
WHEREAS, the Board of Directors desires that each of these specific
projects be completed in fiscal year 1995-96; and
WHEREAS, the carryover of these items will not change the budgeted
ending fund balance;
BE IT, THEREFORE, RESOLVED BY THE BOARD OF DIRECTORS OF THE RANCHO
PALOS VERDES REDEVELOPMENT AGENCY:
The following adjustments be made to the FY 1995-96 budget:
Increase the RDA-Portuguese Bend budget as follows:
725-37 Public Works Contractor $ 2 , 680
725-39 Professional and Consulting Services $ 103 , 840
725-82 Improvements Other Than Buildings $ 28, 000
Increase the RDA-Abalone Cove budget as follows:
735-37 Public Works Contractor $ 92 , 128
735-39 Professional and Consulting Services $ 122 ,480
PASSED, APPROVED, AND ADOPTED THE 5TH DAY OF JULY, 1995.
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ATTEST:
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1 C Y CLERK
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.
95-14 was duly and regularly passe and adopted by the said Board of
Directors at regular meeting thereof held on Jul 5, 1995.
110 Litl&er_to,e2
AGEN 'iC SE ETARY
RANCHO PALOS VFilt'a ES REDEVELOPMENT AGENCY