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CC RES 2006-018RESOLUTION NO. 2006 -18 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2005 -53, THE BUDGET APPROPRIATION FOR FY05 -06, TO ADJUST APPROPRIATIONS IN THE GENERAL FUND WATER QUALITY FLOOD PROTECTION FUND. 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: and 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: and WHEREAS, certain FY05 -06 program and /or department revenues, expenditures and transfers, as described below, are expected to deviate from the amount budgeted; and WHEREAS, the City Council desires that the FY05 -06 budget be adjusted. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments be made to the FY05 -06 budget: Water Quality Flood Protection Fund Adjustment: McCarrell Canyon #501 - 3052 - 431 -32 -00 Engineering $39500 PASSED, APPROVED, AND ADOPTED THE 4th DAY OF APRIL 2006. Attest: ayor (Ny Clerk State of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) I, Carolynn Petru, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2006 -18 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on April 4, 2006.