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CC RES 2011-036 RESOLUTION NO. 2011-36 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2010-55, THE BUDGET APPROPRIATION FOR FISCAL YEAR 2010-11, FOR A BUDGET ADJUSTMENT TO THE SEWER IMPROVEMENTS PROGRAM WITHIN 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 15, 2010, the City Council of the City of Rancho Palos Verdes adopted Resolution 2010-55, approving a spending plan and authorizing a budget appropriation for the 2010-11 fiscal year; and WHEREAS, it is necessary for the City to allocate funds for the relocation of the sanitary sewer adjacent to Palos Verdes Drive East at the Switchbacks; and WHEREAS, a budget increase in the Sewer Improvements Program of the Capital Improvement Projects Fund is necessary to authorize the expenditure of funds for the needed construction; BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments are made to the following funds: General Fund Transfers Out 101-6000-491-91-00 $211,000 Capital Improvement Projects 330-3035-391-10-00 $211,000 Sewer Improvements 330-3035-461-73-00 $211,000 PASSED, APPROVED, and ADOPTED this 7th day of June c1 Mayor ATTEST: &da__.7AgAia---ge_ 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. 2011-36 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on June 7, 2011. i City Clerk