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CC RES 2005-010RESOLUTION NO. 2005-10 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2004 -45, THE BUDGET APPROPRIATION FOR FISCAL YEAR 2004 -2005, 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 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 -2005 fiscal year; and WHEREAS, the City Council desires to join the Los Angeles Air Force Base Regional Alliance in protest of potential military base closure; and WHEREAS, the City Council authorized a monetary campaign contribution in support of the Los Angeles Air Force Base Regional Alliance; and WHEREAS, the City Council desires that the FY 03 -04 General Fund budget be increased by $5,000 from the General Fund Reserve to assure budgetary compliance. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments be made to the FY 04 -05 budget: Increase the General Fund budget as follows: City Administration, Community Outreach 101- 1005- 411.93 -00 $5,000.00 PASSED, APPROVED AND ADOPTED THE 1St DAY OF FEBRUARY 2005 Attest: Cho Clerk 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 -10 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on February 1, 2005. . 0 r►