CC RES 2014-030 RESOLUTION NO. 2014-30
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES, AMENDING RESOLUTION 2013-43, THE BUDGET APPROPRIATION FOR
FISCAL YEAR 2013-14, FOR A BUDGET ADJUSTMENT TO THE CITY'S PARKS, TRAILS
AND OPEN SPACE IMPROVEMENTS PROGRAM IN THE CAPITAL IMPROVEMENT
PROJECTS FUND.
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, 2013, the City Council of the City of Rancho Palos Verdes
adopted Resolution 2013-43, approving a spending plan and authorizing a budget appropriation
for the 2013-14 fiscal year; and
WHEREAS, the Salvation Army Trail Improvement project is considered a high priority
project for the public's benefit as reflected in the Council-adopted Capital Improvement Program
(CIP); and
WHEREAS, the total cost of the Salvation Army Trail Improvement project, including
construction and engineering is $247,985; and
WHEREAS, the city has appropriated a budget of$233,000 in the FY 13-14 CIP budget for the
Salvation Army Improvement project; and,
WHEREAS, a budget increase of$14,985 in the Parks, Trails & Open Space Improvements
fund is therefore necessary to authorize the expenditure for this work; and
WHEREAS, the revised estimate of Capital Improvement Fund balance at June 30, will be
$7,889,691 and
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO
PALOS VERDES:
The following adjustment(s) be made to the following fund(s):
Parks, Trails & Open Space Improvements Program in the Capital Improvement Projects Fund:
Parks, Trails & Open Space Improvements 330-3033-461-73-00 $14,985
PASSED, APPROVED, AND ADOPTED THIS 6h DAY OF MAY 2014.
to Mayor
A ,T:
City Clerk
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
I, Carla Morreale, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above
Resolution No. 2014-30 was duly and regularly passed and adopted by the said City Council at
a regular meeting thereof held on May 6th, 2014.
jilL- 7_ 7e
City Clerk