CC RES 2007-092 RESOLUTION NO. 2007-92
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 COMMUNITY DEVELOPMENT
BLOCK GRANT 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 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, the City of Rancho Palos Verdes desires that the budget appropriation for the FY
2007-2008 Community Development Block Grant (CDBG) program be increased; and
WHEREAS, a budget increase in the Community Development Block Grant Program is
necessary to authorize the expenditure of additional funds for grants/loans through the Home
Improvement Program;
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO
PALOS VERDES:
The following adjustments be made to the following CDBG funds:
Home Improvement Program-Grant Income 310-3092-331-10-00 $10,684
Home Improvement Program-Prof/Tech 310-3092-461-32-00 $10,684
Verified by Finance: K. Downs
PASSED, APPROVED, AND ADOPTED THIS 21st DAY OF Au n. 201 .
Mayor
Att t:
/ ,
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. 2007-92 was duly and regularly passed and adopted by the said City Council at
a regular meeting thereof held on August 21, 2007.
City Clerk