CC RES 2007-094 RESOLUTION NO. 2007-94
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 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 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 funds for the rehabilitation of the Mossbank
storm drain system; and
WHEREAS, a budget increase in the Water Quality and Flood Protection Program is necessary
to authorize the expenditure of funds for the needed construction;
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 501-3052-431-73-00 Improvements $170,000
WQFP 501-3052-391-10-00 Transfer In $170,000
General Fund 101-6000-491-91-00 Transfer Out $170,000
PASSED, APPROVED, and ADOPTED this 21st day of August, 2007.
0
Mayor
ATTEST: C_ /
71,7
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. 2007-94 was duly and regularly passed and adopted by the said City Council at a
regular meeting thereof held on August 21, 2007.
&at/
City Clerk