CC RES 2007-065 RESOLUTION NO. 2007- 65
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 STREET
MAINTENANCE 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 for new road signage
at the landslide area of PVDS near Portuguese Bend; and
WHEREAS, a budget increase in the Street Maintenance, Non-pavement Program is
necessary to authorize the expenditure of additional funds for the purchase of signs
related to construction 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:
Non-pavement Program, Street Maintenance, Account#202-3003-431-61-00
Street Signs Amount $24,000
Reviewed by Finance Staff: Kathryn Downs
PASSED, APPROVED, and ADOPTED this 5th day of 'e, 2117.
. s 1
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. 2007-65 was duly and regularly passed and adopted by the said
City Council at a regular meeting thereof held on June 5, 2007.
City Clerk