CC RES 2007-133 RESOLUTION NO. 2007-133
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES, AMENDING RESOLUTION 2007-70, THE BUDGET APPROPRIATION
FOR FY07-08, TO ADJUST THE GENERAL FUND AND WATER QUALITY FLOOD
PROTECTION FUND BUDGETS.
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 FY07-
08: and
WHEREAS, the City Council desires to provide additional funding for the McCarrell Canyon
drainage project.
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES:
The following adjustments are made to the FY07-08 budget:
Increase the General fund budget as follows:
General fund transfers #101-6000-491-91 Transfer to WQFP $850,000
Increase the Water Quality Flood Protection fund budget as follows:
WQFP transfers #501-3052-391-10 Transfer from General fund $850,000
WQFP expenses #501-3052-431-73 Drainage Improvements $850,000
PASSED, APPROVED, AND ADOPTED the 18th day of December 211
Alt)
Mayor
ATTEST:
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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. 2007-133 was duly and regularly passed and adopted by s.'d City Council at a
regular meeting thereof held on December 18, 2007.
f ii o ' /i b
4,_____
City Clerk