Rancho Palos Verdes City Council
   

APRIL 5, 2005 El PRADO LIGHTING DISTRICT IMPROVEMENT APRIL 5, 2005 El PRADO LIGHTING DISTRICT IMPROVEMENT


TO:
HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL

FROM: DIRECTOR OF PUBLIC WORKS

DATE: APRIL 5, 2005

SUBJECT: El PRADO LIGHTING DISTRICT IMPROVEMENT

Staff Coordinator: Bindu Vaish, Project Manager

RECOMMENDATIONS

Adopt Resolution 2004__, a resolution of the City Council for the City of Rancho Palos Verdes, amending Resolution 2004-45, the budget Appropriation for fiscal year 2004-2005, for a budget adjustment to the City’s El Prado Lighting district fund.

Authorize an expenditure of $9,200 for the repair of existing street light at the entrance to the El Prado neighborhood (El Prado Lighting District).

BACKGROUND & DISCUSSION

Property owners in the El Prado neighborhood pay a small assessment for the maintenance of a neighborhood entrance sign. These assessments have traditionally exceeded expenses and the current fund balance in the El Prado Lighting District Fund is $12,731.

In February 2005 staff received a request from the El Prado Home Owners Association to make needed repairs to the entrance sign. The work was completed by the city’s maintenance crews at a cost of $9,200. Although funds are available for this activity the work was not anticipated and the adopted FY 04 – 05 budget does not include this expenditure.

FISCAL IMPACT

The recommended actions will approve a budget appropriation of $9,200 from the City’s El Prado Lighting District Fund. The approval will reduce the El Prado Lighting District fund balance from a June 30, 2005 projected balance of $ 12,731 to $3,531.

Respectfully submitted,

Dean E. Allison

Director of Public Works

Reviewed,

Les Evans

City Manager

Attachments:

Resolution 2004-___

RESOLUTION NO. 2004-

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS

VERDES, AMENDING RESOLUTION 2004-___, THE BUDGET APPROPRIATION

FOR FISCAL YEAR 2004-05, FOR A BUDGET ADJUSTMENT TO THE CITY’S

CDBG 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 3, 2005, the City Council of the City of Rancho Palos Verdes adopted Resolution 2004-____, approving a spending plan and authorizing a budget appropriation for the 2004-05 fiscal year; and

WHEREAS, it is necessary for the City to allocate funds for repair of the Street Light at El Prado Lightning District; and

WHEREAS, a budget increase in the El Prado Lightning District Fund is necessary to authorize the expenditure of additional funds for repair costs.

BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES:

The following adjustment be made to the following funds:

PASSED, APPROVED, AND ADOPTED THE 5th DAY OF April, 2005.

___________________________

MAYOR

ATTEST:

______________________

CITY CLERK

State of California )

County of Los Angeles )ss

City of Rancho Palos Verdes )

I, CAROLYNN PETRU, City Clerk of The City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2005- was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on April 5, 2005

_____________________________

CITY CLERK

CITY OF RANCHO PALOS VERDES

 

 

RESOLUTION NO. 2004-

A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS

VERDES, AMENDING RESOLUTION 2004-___, THE BUDGET APPROPRIATION

FOR FISCAL YEAR 2004-05, FOR A BUDGET ADJUSTMENT TO THE CITY’S

El Prado Lighting District 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 1, 2004, the City Council of the City of Rancho Palos Verdes adopted Resolution 2004-45, approving a spending plan and authorizing a budget appropriation for the 2004-05 fiscal year; and

WHEREAS, it is necessary for the City to allocate funds for repair of the Street Light at El Prado Lighting District; and

WHEREAS, a budget increase in the El Prado Lighting District Fund is necessary to authorize the expenditure of additional funds for repair costs.

BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES:

The following adjustment be made to the following funds:

El Prado Lighting District Fund 209-3019-431-43-00 Maintenance $9,200

PASSED, APPROVED, AND ADOPTED THE 5th DAY OF April, 2005.

___________________________

MAYOR

ATTEST:

______________________

CITY CLERK

State of California )

County of Los Angeles )ss