CC RES 2005-004RESOLUTION NO. 2005 -04
ARESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOSVERDES,
AMENDING RESOLUTION 2004 -45, THE BUDGET APPROPRIATION FOR FISCAL
YEAR 2004-05, FORA BUDGET ADJUSTMENT TO THE CITY'S GENERAL FUND AND
CIP 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 June 1, 2004, the City Council of the City of Rancho Palos Verdes
adopted Resolution 2004 -45, approving a spending plan and authorizing a budget
appropriation for the 2004 -05 fiscal year; and
WHEREAS, it is necessary for the City to allocate additional funds to perform
emergency repairs to the storm drain located at Western Avenue and Westmont Drive;
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES:
101- 6000 - 491 -91 -00 General Fund Transfers Out $350,000
330 - 3032 - 461 -73 -00 Storm Drain Improvements Other Than Buildings $350,000
330 - 3032 - 391 -10 -00 CIP Transfers In $350,000
PASSED, APPROVED, AND ADOPTED THE 4TH DAY OF JANUARY 2005.
Mayor
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. 2005 -04 was duly and regularly passed and adopted by the said
City Council at regular meeting thereof held on January 4, 2005.
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