CC RES 2007-049 RESOLUTION NO. 2007-49
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 TRAFFIC MANAGEMENT
PROGRAM WITHIN THE GENERAL 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 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 install traffic control
devices along Via Rivera; and
WHEREAS, a budget increase in the Traffic Management Program is necessary to authorize
the expenditure of additional funds for a traffic safety project;
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO
PALOS VERDES:
The following adjustment be made to the General Fund:
Traffic Management 101-3006-431-73-00 Improvements $19,500
PASSED, APPROVED, AND ADOPTED THIS 1st DAY OF 4:y, 007.
Mayor
Attest:
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. 2007-49 was duly and regularly passed and adopted by the said City Council at
a regular meeting thereof held on May 1, 2007.
&-)/
City Clerk