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RDA RES 1995-015 RESOLUTION NO. RDA 95-15 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY AMENDING RESOLUTION 94-7, THE BUDGET APPROPRIATION FOR FISCAL YEAR 1994-95, TO REDUCE THE BUDGET FOR CERTAIN PROJECTS WHICH WERE RE-BUDGETED IN FISCAL YEAR 1995-96. 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 21, 1994 the Board of Directors 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, certain projects included in the fiscal year 1994-95 budget were re-budgeted in the FY 1995-96 budget; and WHEREAS, the Agency Board desires that the FY 1994-95 budget be reduced for each of these specific projects that were re-budgeted in fiscal year 1995-96; BE IT, THEREFORE, RESOLVED BY THE AGENCY BOARD OF THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY: The following adjustments be made to the FY 1994-95 budget: Decrease the Community Development Block Grant Fund budget as follows: 735-80-37 Public Works Contractor $ 8, 300 735-80-39 Professional and Consulting Services $ 49, 000 735-80-42 Construction Services $ 12, 000 735-80-54 Printing and Advertising $ 400 735-80-82 Improvements Other Than Buildings $ 299, 600 735-81-42 Construction Services $ 12 , 000 735-81-54 Printing and Advertising $ 400 735-81-82 Improvements Other Than Buildings $ 248, 200 735-82-37 Public Works Contractor $ 13 , 000 735-82-39 Professional and Consulting Services $ 2, 500 735-82-42 Construction Services $ 3 , 500 735-82-82 Improvements Other Than Buildings $ 39, 000 735-83-39 Professional and Consulting Services $ 8, 000 735-83-42 Construction Services $ 80, 000 735-83-54 Printing and Advertising $ 400 735-83-82 Improvements Other Than Buildings $ 1, 999, 600 735-84-39 Professional and Consulting Services $ 73, 000 735-84-42 Construction Services $ 36, 000 735-84-54 Printing and Advertising $ 400 735-84-82 Improvements Other Than Buildings $ 1, 031, 800 PASSED, APPROVED, AND ADOPTED THE 5TH DAY OF JULY, 1995. AD ituJC MAY4 \ ATTEST: 411 , £GEN SECRETARY State of California ) County of Los Angeles ) ss City of Rancho Palos Verdes ) I, JO PURCELL, Secretary of The Rancho Palos Verdes Redevelopment Agency, hereby certify that the above Resolution No. 95-15 was duly and regularly passed and adopted by the said Agency Board at a regular meeting thereof held on July 5, 1995 411 AG5 CY SECRETARY RANCHO PALOS ERDES REDEVELOPMENT AGENCY