IA RES 2006-010 RESOLUTION NO. IA 2006-10
A RESOLUTION OF THE COMMISSION OF THE RANCHO PALOS VERDES JOINT
POWERS IMPROVEMENT AUTHORITY, AMENDING RESOLUTION 2006-07, THE BUDGET
APPROPRIATION FOR FY06-07, TO INCREASE THE BUDGET FOR CERTAIN
CONTINUING APPROPRIATIONS FROM FY05-06.
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 6, 2006, the Commission of the Rancho Palos Verdes Joint Powers
Improvement Authority adopted Resolution 2006-07, approving a spending plan and authorizing
a budget appropriation for FY06-07: and
WHEREAS, certain project expenditures included in the FY05-06 budget were not completed by
fiscal year end and the Authority Commission has determined that the expenditures should be
completed in FY06-07; and
WHEREAS, the carryover of these items will not change the estimated (budgeted) ending fund
balance at June 30, 2007;
BE IT, THEREFORE, RESOLVED BY THE COMMISSION OF THE RANCHO PALOS VERDES
JOINT POWERS IMPROVEMENT AUTHORITY:
The following adjustments be made to the FY06-07 budget:
Increase the Portuguese Bend fund budget as follows:
Debris Removal #285-3088-431-43-00 Maintenance $ 32,339
GPS Monitoring #285-3088-431-43-00 Maintenance $ 20,861
Increase the Abalone Cove fund budget as follows:
GPS Monitoring #795-3089-431-43-00 Maintenance $ 14,969
ACLAD Funding #795-3089-431-43-00 Maintenance $ 54,000
PASSED, APPROVED, AND ADOPTED THE 5th DAY OF SEPTEMBER 2006.
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Attest: Pr O . Chairper in
Authorit ecretary
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 2006-10 was duly and regularly
passed and adopted by the said Authority Commission at regular meeting thereof held on
September 5, 2006.
Auth its Secretary