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IA RES 2006-011 RESOLUTION NO. IA 2006-11 A RESOLUTION OF THE COMMISSION OF THE RANCHO PALOS VERDES JOINT POWERS IMPROVEMENT AUTHORITY, AMENDING RESOLUTION 2005-07, THE BUDGET APPROPRIATION FOR FY05-06, 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 7, 2005, the Commission of the Rancho Palos Verdes Joint Powers Improvements Authority adopted Resolution 2005-07, approving a spending plan and authorizing a budget appropriation for FY05-06: and WHEREAS, a project included in the FY05-06 budget will be carried over as a continuing appropriation to FY06-07; and WHEREAS, the Authority Commission desires that the FY05-06 budget be reduced for the specific project as part of the continuing appropriation carried over to FY06-07. BE IT, THEREFORE, RESOLVED BY THE COMMISSION OF THE RANCHO PALOS VERDES JOINT POWERS IMPROVEMENT AUTHORITY: The following adjustments be made to the FY05-06 budget: Decrease 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 Decrease 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. • Attest: 1 utho • y Chairperson Autho 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 2006-11 was duly and regularly passed and adopted by the said Authority Commission at regular meeting thereof held on September 5, 2006. Auth 'ty Secretary