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CC RES 2006-019RESOLUTION NO. 2006-19 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2005 -53, THE BUDGET APPROPRIATION FOR FISCAL YEAR 2005 -06, FOR A BUDGET ADJUSTMENT TO THE CITY'S GENERAL 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 the 2005 -2006 fiscal year; and WHEREAS, it is necessary for the City to allocate additional funds to provide funding for a Civic Center Parking lot Resurfacing; and WHEREAS, a budget increase in the General Fund is necessary to authorize the expenditure of additional funds for the project. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments be made to the following fund budget: Increase in the General Fund Park Maintenance 101- 3009 - 431 -43 -00 $16,733.50 PASSED, APPROVED, AND ADOPTED THE 4th DAY OF April 2006. Attest: Cit lerk 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 -19 was duly and regularly passed and adopted by the. said City Council at regular meeting thereof held on April 4, 2006.