RDA RES 2005-012 RESOLUTION NO. RDA 2005-12
A RESOLUTION OF THE BOARD OF THE RANCHO PALOS VERDES
REDEVELOPMENT AGENCY, AMENDING RESOLUTION 2004-05, THE
BUDGET APPROPRIATION FOR FY04-05, TO INCREASE THE BUDGET FOR
THE APPROVED YEAR END BUDGET ADJUSTMENT.
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, certain expenditures included in the FY04-05 budget exceeded the
budgeted appropriation; and
WHEREAS, the Agency Board desires that the FY04-05 budget be increased to
assure budgetary compliance.
BE IT, THEREFORE, RESOLVED BY THE BOARD OF THE RANCHO PALOS
VERDES REDEVELOPMENT AGENCY:
The following adjustments be made to the FY04-05 budget:
Increase the RDA Debt Service fund budget as follows:,
Pass Thru to Other Agencies #410-2010-92-00 To Fire Authority $88,000
PASSED, APPROVED, AND ADOPTED THE 6TH DAY OF SEPTEMBER 2005.
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Attest: Agen«, Chairperson
Agenc Secretary
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 2005-12 was duly and
regularly passed and adopted by the said Agency Board at regular meeting thereof
held on September 6, 2005.
Agenc Secretary