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CC RES 2007-082 RESOLUTION NO. 2007-82 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, FOR A BUDGET ADJUSTMENT TO THE CITY'S GENERAL FUND AND 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 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 maintain the new landscaping on the north side of Palos Verdes Drive South at the intersection of Palos Verdes Drive East; and WHEREAS, a budget increase in the Street Maintenance Non-pavement Program is necessary to authorize the expenditure of additional funds for landscaping maintenance on PVDS at PVDE; BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments be made to the following funds: Street Maint Non-pavement 202-3003-431-43-00 Maintenance $7,000 Street Maint Non-pavement 202-3003-391-10-00 Transfer In $7,000 General Fund Transfer Out 101-6000-491-91-00 Transfer Out $7,000 PASSED, APPROVED, AND ADOPTED THIS 17th day of July, 2007. , OPP or Mayor ATTEST: £1?IMJ/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. 2007-82 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on July 17, 2007. e a k City Clerk