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CC RES 2006-002RESOLUTION NO. 2006 -02 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2005 -53, THE BUDGET APPROPRIATION FOR FY05 -06, TO INCREASE THE GENERAL FUND BUDGET AND OPEN SPACE IMPROVEMENTS BUDGET IN THE CAPITAL IMPROVEMENT PROJECTS FUND FOR TRAIL REPAIRS. 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 City Council; WHEREAS, on May 31, 2005, the City Council of the City of Rancho Palos Verdes adopted Resolution 2005 -53, approving a spending plan and authorizing a budget appropriation for FY05 -06; WHEREAS, a budget increase in the General Fund and Capital Improvement Projects (CIP) fund is necessary to authorize expenditures for trail repair activities at the Forrestal Nature Preserve. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: Section One. The followii budgets: Open Space Improvements Grant Revenue Open Space Improvements General Fund ig increase be made t( #330 - 3033 - 461 -73 -00 #330 - 3033 - 461 -32 -00 #330 - 3033 - 391 -10 -00 #101- 6000 - 491 -91 -00 � the General Fund and CIP fund FY05 -06 Trail Repairs $34,700.00 FEMA Funded Repairs $9,700.00 Operating Transfer In $25,000.00 Operating Transfer Out $25,000.00 PASSED, APPROVED, AND ADOPTED THE 17th DAY OF JANUARY 2006. Attest: F.- __.. __ .� ..._ City 101lerk State of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) r I, Carolynn Petru, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2006 -02 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on January 17, 2006.