CC RES 2006-072RESOLUTION NO. 2006-72
A RESOLUTION OF THE CITY COUNCIL OF THE CITY RANCHO PALOS VERDES
AMENDING RESOLUTION NO. 2006 -41, THE BUDGET APPROPRIATION FOR FISCAL
YEAR 2006 -2007, FOR A BUDGET ADJUSTMENT TO THE CITY'S CAPITAL PROJECTS
FUND.
WHEREAS, Section 3.32 of the City of 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 June 1, 2006, the City of Rancho Palos Verdes adopted
Resolution 2006 -41, approving a spending plan and authorizing a budget appropriation
for the 2006 -2007 fiscal year; and
WHEREAS, it is advantageous to the City to allocate additional funds to the Forrestal
Nature Preserve swale Improvement Project; and
WHEREAS, a budget increase in the Capital Improvement Projects 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 funds:
1. Capital Improvement Projects Fund:
330 - 3033 - 461 -73 -00 Improvements $1637000
330 - 3033 - 391 -10 -00 Transfer from Measure A maintenance $163,000
2. Measure A Fund
224 - 3024- 431 -91 -00 Transfer to CIP $163,000
PASSED, APPROVED, AND ADOPTED THE 19th of September 2006.
Attest:
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 -72 was duly and regularly passed and adopted by the said City
Council at a regular meeting thereof held on September 19, 2006.
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