RDA RES 2001-011 RESOLUTION NO. RDA 2001-11
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 INCREASE THE BUDGET
FOR CERTAIN CONTINUING APPROPRIATIONS FROM FISCAL YEAR 2000-2001.
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 project expenditures included in the fiscal year 2000-2001 budget
were not completed by fiscal year end; and
WHEREAS, the Agency Board has determined that each of these specific project
expenditures (listed in the attached Exhibit A) should be completed in fiscal year 2001-
2002; and
WHEREAS, the carryover of these items will not change the estimated (budgeted)
ending fund balance at June 30, 2002;
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 per the
attached Exhibit A:
Increase the Abalone Cove Fund budget as follows:
Captial Projects #380-735-82 Impr. Other Than Bldgs. $ 1,768,075
PASSED, APPROVED, AND ADOPTED THE 4TH DAY OF SEPTEMBER, 2001.
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AG C AIRPERSON
ATTEST:VYttA,6-de.,,
96 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 2001-11 was duly and
regularly passed and adopted by the said Agency Board at regular meeting thereof held
on September 4, 2001.
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AGENCY SECRETARY
CITY OF NCHO PALOS VERDES
CONTINUING APPROPRIATIONS LIST
FY 2000 -2001 to FY 2001 -2002
(Exhibit A)
FY 2000 -2001 Amount Amount
Adjusted Spent Thru Continued
Project Budget 6/3012001 FY 2001 -2002
ABALONE COVE CAPITAL IMPROVEMENT PROJECTS
Abalone Cove Sanitary Sewer Project:
$5,571,535 $37803,460 $11768,075
Resolution No. RDA 2001 -11, Exhibit A
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