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CC RES 2012-062RESOLUTION NO. 2012 -62 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2012 -43, THE BUDGET APPROPRIATION FOR FYI 2-13, TO ADJUST THE BUDGET IN THE CITY'S GENERAL FUND AND BIKEWAYS FUND. WHEREAS, on June 19, 2012, the City Council of the City of Rancho Palos Verdes adopted Resolution 2012 -43, approving a spending plan and authorizing a budget appropriation for FY12 -13: and WHEREAS, the City Council desires to exchange General Fund money for Proposition A money with the City of Rolling Hills and receive a gift of Transportation Development Act (TDA) Article 3 money from the City of Rolling Hills; and WHEREAS, the City Council desires that the FY12 -13 budget be adjusted. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments are made to the FY12 -13 budget: General Fund Adjustment: Public Works Admin#1 01 -3001-431-69-00 Bikeways Fund Adjustment: Bikeways #340 - 3040 - 369 -10 -00 Misc Expenditure $ 31000 Misc Revenue $ 97750 PASSED, APPROVED, AND ADOPTED THE 4th DAY OF SEPTEMBER 2012. Mayor ATTEST: City Clerk State of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) I, Carla Morreale, City Clerk of The City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2012 -62 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on September 4 2012. City Clerk