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RDA RES 1996-013 RESOLUTION NO. RDA 96-13 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY AMENDING RESOLUTION NO. RDA 95-12, THE BUDGET APPROPRIATION FOR FISCAL YEAR 1995-96, TO REDUCE THE BUDGET FOR CERTAIN PROJECTS WHICH WERE RE-BUDGETED IN FISCAL YEAR 1996-97, AND TO REDUCE THE BUDGET FOR THE APPROVED CONTINUING APPROPRIATIONS. 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 Board of Directors of the Rancho Palos Verdes Redevelopment Agency adopted Resolution No. RDA 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 1995-96 budget were re-budgeted in the FY 1996-97 budget; and WHEREAS, the Agency Board desires that the FY 1995-96 budget be reduced for each of these specific projects that were re-budgeted in fiscal year 1996-97; WHEREAS, the Agency Board has approved certain continuing appropriations to increase the FY 1996-97 budget for these incomplete projects; and WHEREAS, the Agency Board desires that the FY 1995-96 budget be reduced for each of these specific continuing appropriations; BE IT, THEREFORE, RESOLVED BY THE AGENCY BOARD OF THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY: The following adjustments be made to the FY 1995-96 budget: Decrease the Capital Projects Funds budgets as follows: 375-725-25 Miscellaneous Contractual Services $ 1,000 375-725-39 Professional and Consulting Services $ 94,584 375-725-82 Improvements Other Than Buildings $ 11,000 380-735-37 Public Works Contractor $ 7,200 380-735-39 Professional and Consulting Services $ 105,063 380-735-42 Construction Services $ 161,400 380-735-82 Improvements Other Than Buildings $ 4,305,000 PASSED, APPROVED, AND ADOPTED THE 2ND DAY OF JULY, 1996. LT44 CH ATTEST: . / ,:ElfO .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 96-13 was duly and regularly passed and adopted by the said Agency Board at a regular meeting thereof held on Jul; 2, 1996. AGE i Y SECRETARY Resol. No. RDA 96-13 Page 2