RDA RES 2005-004 RESOLUTION NO. RDA 2005-04
A RESOLUTION OF THE RANCHO PALOS VERDES REDEVELOPMENT AGENCY,
AMENDING RESOLUTION RDA 2004-05, THE BUDGET APPROPRIATION FOR
FY04-05, FOR AN ADDITIONAL BUDGET APPROPRIATION TO THE AGENCY'S
DEBT SERVICE FUND.
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 June 1, 2004, the Agency Board adopted Resolution 2004-05,
approving a spending plan and authorizing a budget appropriation for FY04-05; and
WHEREAS, certain FY04-05 expenditures, as described below, are expected to exceed
the amount budgeted; and
WHEREAS, the Board desires that the FY04-05 budget appropriation in the Abalone
Cove Capital Projects fund and Debt Service fund be increased as follows:
#410-2010-471-92-00 Pass Thru to Fire District $ 30,000
PASSED, APPROVED, AND ADOPTED THE 5th DAY OF APRIL 2005.
01, op4,„,91 Air
ency Chair
Attest:
Age y Secretary
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
I, Carolynn Petru, Secretary of the Rancho Palos Verdes Redevelopment Agency,
hereby certify that the above Resolution No. RDA 2005-04 was duly and regularly
passed and adopted by the said Board at regular meeting thereof held on April 5, 2005.
25:61tAgen Secretary