RDA RES 2011-017 RESOLUTION NO. RDA 2011-17
A RESOLUTION OF THE BOARD OF THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY,
AMENDING RESOLUTION NO. RDA 2010-09, THE BUDGET APPROPRIATION FOR FY10-11, TO
ADJUST THE BUDGET IN THE PORTUGUESE BEND CAPITAL PROJECTS FUND AND DEBT-
SERVICE FUND.
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 July 6, 2010, the Board of the Rancho Palos Verdes Redevelopment Agency adopted
Resolution No. RDA 2010-09, approving a spending plan and authorizing a budget appropriation for FY10-
11: and
WHEREAS, the Agency Board desires that certain expenditure budgets be adjusted.
BE IT, THEREFORE, RESOLVED BY THE BOARD OF THE RANCHO PALOS VERDES
REDEVELOPMENT AGENCY:
The following adjustments are made to the FY10-11 budget:
Portuguese Bend Capital Projects fund:
Port Bend #375-3072-431-33-00 Legal Services $ 1,600
Port Bend #375-3075-461-73-00 Improvements $ 800
Debt-Service fund:
RDA Debt Service #410-2010-471-69-00 Misc SERAF Shift $ 67,967
PASSED, APPROVED, AND ADOPTED THE 20th DAY OF SEPTEMBE' 0 1.
410P
"r Agency Chair
ATTEST:
`,
Agency Secretary
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
I, Carla Morreale, Agency Secretary of the Rancho Palos Verdes Redevelopment Agency, hereby certify that
the above Resolution No. RDA 2011-17 was duly and regularly passed and adopted by the said Board at
regular meeting thereof held on September 20, 2011.
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Agency Secretary