IA RES 2005-011 RESOLUTION NO. IA 2005-11
A RESOLUTION OF THE COMMISSION OF THE RANCHO PALOS VERDES JOINT
POWERS IMPROVEMENT AUTHORITY, AMENDING RESOLUTION 2004-06, THE
BUDGET APPROPRIATION FOR FY04-05, TO REDUCE THE BUDGET FOR
APPROVED CONTINUING APPROPRIATIONS.
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 Authority Commission; and
WHEREAS, on June 1, 2004, the Commission of the Rancho Palos Verdes Joint Powers
Improvements Authority adopted Resolution 2004-06, approving a spending plan and
authorizing a budget appropriation for FY04-05; and
WHEREAS, a project included in the FY04-05 budget will be carried over as a continuing
appropriation to FY05-06; and
WHEREAS, the Authority Commission desires that the FY04-05 budget be reduced for the
specific project as part of the continuing appropriation carried over to FY05-06.
BE IT, THEREFORE, RESOLVED BY THE COMMISSION OF THE RANCHO PALOS
VERDES JOINT POWERS IMPROVEMENT AUTHORITY:
The following adjustments be made to the FY04-05 budget:
Decrease the Abalone Cove fund budget as follows:
ACLAD Funding #795-3089-431-43-00 Maintenance $ 54,000
PASSED, APPROVED, AND ADOPTED THE 6th DAY OF SEPTEMBER 105.
gr, At
Author ty Chairperson
Attest:
Autho y Secretary
State of California )
County of.Los Angeles )ss
City of Rancho Palos Verdes )
I, Carolynn Petru, Authority Secretary of the Rancho Palos Verdes Joint Powers
Improvement Authority, hereby certify that the above Resolution No. IA 2005-11 was duly
and regularly passed and adopted by the said Authority Commission at regular meeting
thereof held on September 6, 2005.
,Ruth••'ty Secretary