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CC RES 2006-010RESOLUTION NO. 2006-10 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2005 -53, THE BUDGET APPROPRIATION FOR FISCAL YEAR 2005 -06, FOR A BUDGET ADJUSTMENT TO THE CITY'S EQUIPMENT REPLACEMENT — VEHICLES 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 May 31, 2005, the City Council of the City of Rancho Palos Verdes adopted Resolution 2005 -53, approving a spending plan and authorizing a budget appropriation for the 2005 -06 fiscal year; and WHEREAS, it is necessary for the City to transfer AQMD funds to purchase a vehicle for the Planning Department; and WHEREAS, a budget transfer of AQMD funds to the Equipment Replacement - Vehicles fund is necessary to replace general funds for the purchase of a Planning Department vehicle; BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments be made: Transit Program 214- 3014- 491 -91 -00 Transfer out -AQMD funds $20,000 Equipment Replacement - Vehicles 681- 3081 - 391 -10 -00 Transfer in -AQMD funds $20,000 PASSED, APPROVED, AND ADOPTED THIS 21st DAY OF February 2006. Attest: Ci .- CIerk Mate of California ) County of Los Angeles ) ss City of Rancho Palos Verdes ) Aq rim PIZ I, Carolynn Petru, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2006 -10 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on February 21, 2006. City Irk