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CC RES 2001-002 RESOLUTION NO. 2001 -02 A RESOLUTION OF THE CITY COUNCIL OF THE CITY RANCHO PALOS VERDES AMENDING RESOLUTION NO. 2000-33, THE BUDGET APPROPRIATION FOR FISCAL YEAR 2000-2001, FOR A BUDGET ADJUSTMENT TO THE CITY'S GENERAL FUND AND CAPTIAL IMPROVEMENT FUND WHEREAS, Section 3.32 of the City of 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, 2000 the City of the Rancho Palos Verdes adopted resolution 2000-33, approving a spending plan and authorizing a budget appropriation for the 2000 — 2001 fiscal year; and WHEREAS, it is necessary for the City to allocate additional funds to provide funding for a Capital Improvement Project; and WHEREAS, a budget increase in the Capital Improvement Fund is necessary to authorize the expenditure of additional funds for the contract services. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: That the following adjustment be made to the following fund budgets: Increase in the Capital Improvement Fund Professional/Technical Services 330-930.35 $ 5,000 Improvements other than buildings 330-930.82 $ 33,000 Transfer In 330-391.10 $ 38,000 Decrease in the Gas Tax Fund Transfer Out 102-391.20 $ 38,000 PASSED, APPROVED, AND ADOPTED THE 16th DAY OF January 2001. A O ATTEST: I CITY CLERK State of California ) County of Los Angeles ) ss City of Rancho Palos Verdes ) I, JO PURCELL, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2001-02 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on January •, 2001. I -LILA . • TY CLERK Resol. No. 2001-02 Page 2 of 2