RDA RES 1996-012 RESOLUTION NO. RDA 96-12
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE RANCHO
PALOS VERDES REDEVELOPMENT AGENCY AMENDING
RESOLUTION NO. RDA 96-09, THE BUDGET APPROPRIATION
FOR FISCAL YEAR 1996-97, FOR CERTAIN CONTINUING
APPROPRIATIONS FROM 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 18, 1996 the Agency Board of Directors of the Rancho Palos Verdes
Redevelopment Agency adopted Resolution No. RDA 96-09, approving a spending plan
and authorizing a budget appropriation for the 1996-97 fiscal year: and
WHEREAS, certain projects included in the fiscal year 1995-96 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 1996-97; 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 1996-97 budget:
Increase the RDA-Portuguese Bend budget as follows:
375-725-35 Professional/Technical Services $ 95,584
375-725-82 Improvements Other Than Buildings $ 11,000
Increase the RDA-Abalone Cove budget as follows:
380-735-35 Professional/Technical Services $ 112,263
380-735-82 Improvements Other Than Buildings $ 4,400
PASSED, APPROVED, AND ADOPTED THE 2ND DAY OF JULY, 1996.
C HAI
ATTEST:
A NCY 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 96-12 was duly and regularly passed
and adopted by the said Board of Directors at regular meeting thereof held on July 2,
1996.
.
AG 1 CY SECRETARY
Resol. No. RDA 96-12
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