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CC RES 2007-097 RESOLUTION NO. 2007-97 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 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 provide landslide monitoring services at Portuguese Bend and Abalone; and BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustment(s) be made to the following fund(s): GENERAL FUND 101-6000.491- 91-00 TRANSFER OUT $20,000 PASSED, APPROVED, AND ADOPTED this 4th day of Septe •b= 1 07. Mayor ATTEST: (..,:i'dAk.._ (4. ' /, / 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. 2007-97 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on September 4, 2007 (.4}dICJI 14 I /,‘ ' P City Clerk