CC RES 2006-049RESOLUTION NO. 2006-49
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES, AMENDING RESOLUTION 200641, THE BUDGET APPROPRIATION FOR
FY06 -07, FOR A BUDGET ADJUSTMENT TO THE CITY'S GENERAL FUND AND
WATER QUALITY FLOOD PROTECTION FUND.
WHEREAS, Section 3.32 of the Rancho Palos Verdes Municipal Code provides that all
expenditure adjustments in excess of budgeted allocations must be by supplemental
appropriation of the City Council: and
WHEREAS, on June 6, 2006, the City Council of the City of Rancho Palos Verdes
adopted Resolution 2006 -41, approving a spending plan and authorizing a budget
appropriation for FY06 -07: and
WHEREAS, the City Council desires to purchase land during FY05 -06 to facilitate the
McCarrell Canyon storm drain project, the land purchase appropriation is included in the
FY06 -07 budget, and the City Council desires that the FY06 -07 budget be adjusted.
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES:
The followinq decreases be made to the FY06 -07 budget:
General Fund Transfer Out For Land Acquisition #101- 6000 - 491 -91 -00 $1,200,000
WQFP Fund Transfer In For Land Acquisition #501 - 3052 - 391 -10 -00 $1,200,000
WQFP Land Acquisition Expenditure #501 - 3052 - 431 -71 -00 $1,200,000
PASSED, APPROVED, AND ADOPTED THE 20th DAY OF JUNE 2006.
Attest:
Cit lerk
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
ayor
I, Carolynn Petru, City Clerk of the City of Rancho Palos Verdes, hereby certify that the
above Resolution No. 2006 -49 was duly and regularly passed and adopted by the said
City Council at regular meeting thereof held on June 20, 2006.
Clerk