RDA RES 2000-002 RESOLUTION NO. RDA 2000-02
A RESOLUTION OF THE RANCHO PALOS VERDES REDEVELOPMENT
AGENCY, AMENDING RESOLUTION RDA 99-10, THE BUDGET APPROPRIATION
FOR FISCAL YEAR 1999-00, FOR AN ADDITIONAL BUDGET APPROPRIATION TO
THE AGENCY'S ABALONE COVE AND HOUSING SET-ASIDE FUNDS
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 1, 1999, the Agency Board adopted Resolution 99-10, approving a
spending plan and authorizing a budget appropriation for the 1999-00 fiscal year; and
WHEREAS, certain 1999-00 fiscal year expenditures, as described below, are expected
to exceed the amount budgeted; and
WHEREAS, the Board desires that the fiscal year 1999-00 budget appropriation in the
Abalone Cove and Housing Set-Aside funds be increased as follows:
#380-732-40 Legal services $ 20,000
#118-318-82 Improvements other than Bldgs $198,000
BE IT, THEREFORE, RESOLVED BY THE BOARD OF THE RANCHO PALOS
VERDES REDEVELOPMENT AGENCY:
The following increase be made to the fiscal year 1999-00 RDA budget:
#380-732-40 Legal services $ 20,000
#118-318-82 Improvements other than Bldgs $198,000
PASSED, APPROVED, AND ADOPTED THE 8TH DAY OF MARCH, 2000.
AGENCY ' A R
TEST.
GENCY ECRETARY
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 2000-02 was duly and regularly
passed and adopted by the said Board at regular meeting thereof held on March 8,
2000.
44A0,6Q.
AGENCY SECRETARY