RDA RES 2004-008 RESOLUTION NO. RDA 2004-08
A RESOLUTION OF THE BOARD OF THE RANCHO PALOS VERDES
REDEVELOPMENT AGENCY, AMENDING RESOLUTION 2003-06, THE BUDGET
APPROPRIATION FOR FY03-04, 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 3, 2003, the Board of the Rancho Palos Verdes Redevelopment
Agency adopted Resolution 2003-06, approving a spending plan and authorizing a
budget appropriation for FY03-04; and
WHEREAS, a project included in the FY03-04 budget will be carried over as a
continuing appropriation to FY04-05; and
WHEREAS, the Agency Board desires that the FY03-04 budget be reduced for the
specific project as part of the continuing appropriation carried over to FY04-05.
BE IT, THEREFORE, RESOLVED BY THE BOARD OF THE RANCHO PALOS
VERDES REDEVELOPMENT AGENCY:
The following adjustments be made to the FY03-04 budget:
Decrease the Abalone Cove fund budget as follows:
Captial Projects #380-735-82 Impr. Other Than Bldgs. $ 53,145
PASSED, APPROVED, AND ADOPTED THE 7th Di F S PT BER 2004.
I,
A t: Agency Chair// / . . _tom
Agency Secretary
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
I, JO PURCELL, Agency Secretary of the Rancho Palos Verdes Redevelopment
Agency, hereby certify that the above Resolution No. RDA 2004-08 was duly and
regularly passed and adopted by the said Board at regular mee 'ng thereof held on
September 7, 2004.
i / //
. AL. - —/
Agency Secretary