RDA RES 2011-003 RESOLUTION NO. RDA 2011-03
A RESOLUTION OF THE RANCHO PALOS VERDES REDEVELOPMENT
AGENCY, AMENDING RESOLUTION RDA 2010-09, THE BUDGET
APPROPRIATION FOR FY10-11, TO ADJUST THE BUDGET IN THE PORTUGUESE
BEND FUND OF THE REDEVELOPMENT AGENCY.
WHEREAS, Section 3.32.070 of the Rancho Palos Verdes Municipal Code provides
that all expenditures in excess of budgeted allocations must be by supplemental
appropriation of the Board of the Rancho Palos Verdes Redevelopment Agency; and
WHEREAS, on July 6, 2011, the Agency Board adopted Resolution 2010-09, approving
a spending plan and authorizing a budget appropriation for FY10-11; and
WHEREAS, a certain FY10-11 expenditure, as identified below, is expected to exceed
the amount budgeted; and
WHEREAS, the Board desires that the FY10-11 budget be adjusted as follows:
Portuguese Bend Fund
#375-3072-431-33-00 Legal Services $ 7,600
PASSED, APPROVED, AND ADOPTED THE 1st DAY OF MARCH 0
a Irl- 0
or
Agency Chair
ATTEST:
,,, gency Secretary
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
I, Carla Morreale, Secretary of the Rancho Palos Verdes Redevelopment Agency,
hereby certify that the above Resolution No. RDA 2011-03 was duly and regularly
passed and adopted by the said Board at regular meeting thereof held on March 1,
2011.
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/4,, Agency Secretary