CC RES 2008-027 RESOLUTION NO. 2008-27
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES, AMENDING RESOLUTION 2007-70, THE BUDGET APPROPRIATION
FOR FISCAL YEAR 2007-08, TO ADJUST APPROPRIATIONS IN THE GENERAL
FUND AND THE WATER QUALITY FLOOD PROTECTION 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 19, 2007, the City Council of the City of Rancho Palos Verdes
adopted Resolution 2007-70, approving a spending plan and authorizing a budget
appropriation for the 2007-08 fiscal year; and
WHEREAS, it is necessary for the City to allocate additional funds to the McCarrell
Canyon drainage project; and
WHEREAS, a budget increase in the Water Quality Flood Protection Program is
necessary to authorize the expenditure of additional funds for drainage
improvements;
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 101-6000-491-91-00 Transfer Out $ 600,000
WQFP 501-3052-391-10-00 Transfer In $ 600,000
WQFP 501-3052-431-73-00 Drainage Imprv. $3,206,298
PASSED, APPROVED, AND ADOPTED THIS 1st day o A pril, -008.
AILAMO
Mayer
ATTEST:
7
City Clerk
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
I, Carla Morrealle , City Clerk of the City of Rancho Palos Verdes, hereby certify that
the above Resolution No. 2008-27 was duly and regularly passed and adopted by the
said City Council at a regular meeting thereof held on April 1, 2008.
M144,4_,e4-((
City Clerk