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CC RES 2009-086 RESOLUTION NO. 2009-86 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2009-40, THE BUDGET APPROPRIATION FOR FISCAL YEAR 2009-10, FOR A BUDGET ADJUSTMENT TO THE CITY'S GENERAL FUND AND 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 30, 2009, the City Council of the City of Rancho Palos Verdes adopted Resolution 2009-40, approving a spending plan and authorizing a budget appropriation for the 2009-10 fiscal year; and WHEREAS, the City Council has elected to proceed with the Conceptual Design for improvements to Lower Hesse Park and Grandview Park; and WHEREAS, budget increases in General Fund and Capital Improvement Projects Fund are necessary to fund completion of the Conceptual Design; BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments are made to the: GENERAL FUND: Operating Transfers Out 101-6000-491-91-00 $50,000 CAPITAL IMPROVEMENT PROJECTS FUND: Operating Transfers In 330-3033-391-10-00 $50,000 Park Improvements Professional Services 330-3033-461-32-00 $50,000 PASSED, APPROVED, AND ADOPTED THIS 17th DAY OF NOVEMBER 2009. ✓ �L• Mayor AT ST: _•� _ ! 1J /, L 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. 2009-86 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on November 17, 200*. _ed /1 44 City Clerk