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CC RES 2007-019 RESOLUTION NO. 2007-19 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2006-41, THE BUDGET APPROPRIATION FOR FISCAL YEAR 2006-07, FOR A BUDGET ADJUSTMENT TO THE CITY'S WATER QUALITY AND FLOOD PROTECTION PROGRAM. 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 6, 2006, the City Council of the City of Rancho Palos Verdes adopted Resolution 2006-41, approving a spending plan and authorizing a budget appropriation for the 2006-07 fiscal year; and WHEREAS, it is necessary for the City to allocate additional funds to for the design of the McCarrell Canyon Storm Drainage System; and WHEREAS, a budget increase in the Water Quality and Flood Protection Program is necessary to authorize the expenditure of additional funds for professional/technical services; BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments be made to the following funds: WQFP 501-3052-431-32-00 Prof/Technical $248,000 WQFP 501-3052-391-10-00 Transfer In $248,000 General Fund 101-6000-491-91-00 Transfer Out $248,000 PASSED, APPROVED, and ADOPTED this 20th day of February, '07. Mayor Attest: CCIA ;IttrC6ilers-1--c State of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) I, Carolynn Petru, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2007-19 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on February 20, 2007. epir‘rje'°1C1 Clerk