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IA RES 2007-013 RESOLUTION NO. IA 2007-13 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 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 6, 2006, the Commission of the Rancho Palos Verdes Joint Powers Improvements Authority adopted Resolution 2006-07, approving a spending plan and authorizing a budget appropriation for FY06-07: and WHEREAS, a project included in the FY06-07 budget will be carried over as a continuing appropriation to FY07-08; and WHEREAS, the Authority Commission desires that the FY06-07 budget be reduced for the specific project as part of the continuing appropriation carried over to FY07-08. 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: Decrease the Portuguese Bend fund budget as follows: GPS Monitoring #285-3088-431-43-00 Maintenance $ 5,000 Decrease the Abalone Cove fund budget as follows: GPS Monitoring #795-3089-431-43-00 Maintenance $ 5,000 ACLAD Funding #795-3089-431-43-00 Maintenance $60,000 PASSED, APPROVED, AND ADOPTED THE 2nd DAY OF OCTOBER 2 . Authority Cha' person ATTEST: Authority Secretary State of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) I, Carla Morreale, Authority Secretary of the Rancho Palos Verdes Joint Powers Improvement Authority, hereby certify that the above Resolution No. IA 2007-13 was duly and regularly passed and adopted by the said Commission at regular meeting thereof held on October 2, 2007. (?etizZeL // e. Authority Secretary