RDA RES 2001-012 RESOLUTION NO. RDA 2001-12
A RESOLUTION OF THE BOARD OF THE RANCHO PALOS VERDES
REDEVELOPMENT AGENCY, AMENDING RESOLUTION 2000-07, THE BUDGET
APPROPRIATION FOR FISCAL YEAR 2000-2001, 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 6, 2000, the Board of the Rancho Palos Verdes Redevelopment
Agency adopted Resolution 2000-07, approving a spending plan and authorizing a
budget appropriation for the 2000-2001 fiscal year: and
WHEREAS, certain projects included in the fiscal year 2000-2001 budget will be carried
over as continuing appropriations to the fiscal year 2001-2002 (listed in the attached
Exhibit A); and
WHEREAS, the Agency Board desires that the fiscal year 2000-2001 budget be
reduced for each of these specific projects that were rebudgeted as part of the
continuing appropriations carried over to fiscal year 2001-2002;
BE IT, THEREFORE, RESOLVED BY THE BOARD OF THE RANCHO PALOS
VERDES REDEVELOPMENT AGENCY:
The following adjustments be made to the fiscal year 2000-2001 budget per the
attached Exhibit A:
Decrease the Abalone Cove Fund budget as follows:
1
Capital Projects #380-735-82 Capital Outlay $ 1,768,075
p
PASSED, APPROVED, AND ADOPTED THE 4TH DAY OF SEPTEMBER, 2001.
Ai
AG'' C / AIRPERSON
A TEST:
411
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 2001-12 was duly and
regularly passed and adopted by the said Board at regular meeting thereof held on
September 4, 2001.
) (iteu&de-
AGENCY SECRETARY
CITY Y F RANCHO 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 -12, Exhibit A
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