RDA RES 2002-011 RESOLUTION NO. RDA 2002-11
A RESOLUTION OF THE BOARD OF THE RANCHO PALOS VERDES
REDEVELOPMENT AGENCY, AMENDING RESOLUTION 2001-07, THE BUDGET
APPROPRIATION FOR FISCAL YEAR 2001-2002, 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 5, 2001, the Board of the Rancho Palos Verdes Redevelopment
Agency adopted Resolution 2001-07, approving a spending plan and authorizing a
budget appropriation for the 2001-2002 fiscal year: and
WHEREAS, certain projects included in the fiscal year 2001-2002 budget will be carried
over as continuing appropriations to the fiscal year 2002-2003; and
WHEREAS, the Agency Board desires that the fiscal year 2001-2002 budget be
reduced for each of these specific projects that were re-budgeted as part of the
continuing appropriations carried over to fiscal year 2002-2003.
BE IT, THEREFORE, RESOLVED BY THE BOARD OF THE RANCHO PALOS
VERDES REDEVELOPMENT AGENCY:
The following adjustments be made to the fiscal year 2001-2002 budget:
Decrease the Abalone Cove Fund budget as follows:
Capital Projects #380-735-35 Professional Services $ 65,578
PASSED, APPROVED, AND ADOPTED THE 3RD DAY OF SEPTEMBER 2002.
( -
Agency -� son
Attest:
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 2002-11 was duly and
regularly passed and adopted by the said Board at regular meeting thereof held on
September 3, 2002.
Agency Secretary