RDA RES 2002-003 RESOLUTION NO. RDA 2002-03
A RESOLUTION OF THE RANCHO PALOS VERDES REDEVELOPMENT
AGENCY, AMENDING RESOLUTION RDA 2001-07, THE BUDGET
APPROPRIATION FOR FISCAL YEAR 2001-2002, FOR AN ADDITIONAL BUDGET
APPROPRIATION TO THE AGENCY'S ABALONE COVE FUND AND 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 5, 2001, the Agency Board adopted Resolution 2001-07,
approving a spending plan and authorizing a budget appropriation for the 2001-2002
fiscal year; and
WHEREAS, certain 2001-2002 fiscal year expenditures, as described below, are
expected to exceed the amount budgeted; and
WHEREAS, the Board desires that the fiscal year 2001-2002 budget appropriation in
the Abalone Cove fund and Debt Service fund be increased as follows:
#380-735-82 Capital Outlay $150,000
#210-610-92 Pass-thru to other Agencies $ 8,500
BE IT, THEREFORE, RESOLVED BY THE BOARD OF THE RANCHO PALOS
VERDES REDEVELOPMENT AGENCY:
The following increase be made to the fiscal year 2001-2002 RDA budget:
#380-735-82 Capital Outlay $150,000
#210-610-92 Pass-thru to other Agencies $ 8,500
PASSED, APPROVED, AND ADOPTED THE 7TH DAY OF FEBRUARY, 2002.
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ATTEST:
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N Y SECRETARY
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
I, JO PURCELL, Secretary of the Rancho Palos Verdes Redevelopment Agency,
hereby certify that the above Resolution No. RDA 2002-03 was duly and regularly
passed and adopted by the said Board at regular meeting thereof held on February 7,
2002.
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A ENCY SECRETARY
Resolution No:RDA 2002-03
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