RDA RES 2005-011 RESOLUTION NO. RDA 2005-11
A RESOLUTION OF THE BOARD OF THE RANCHO PALOS VERDES
REDEVELOPMENT AGENCY, AMENDING RESOLUTION 2004-05, 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 Agency Board: and
WHEREAS, on June 1, 2004, the Board of the Rancho Palos Verdes Redevelopment
Agency adopted Resolution 2004-05, 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 Agency Board 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 BOARD OF THE RANCHO PALOS VERDES
REDEVELOPMENT AGENCY:
The following adjustment be made to the FY04-05 budget:
Decrease the Housing Set-Aside fund budget as follows:
RDA Hsg Set-Aside #218-4018-441-32-00 Professional/Technical $50,000
PASSED, APPROVED, AND ADOPTED THE 6th DAY O EPTEMBER 2005.
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Deic9t
Attest: Agenc, Chairperson
Agency ecretary
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
I, Carolynn Petru, Agency Secretary of the Rancho Palos Verdes Redevelopment Agency,
hereby certify that the above Resolution No. RDA 2005-11 was duly and regularly passed
and adopted by the said Agency Board at regular meeting thereof held on September 6,
2005.
- getliba-lAgenc Secretary