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CC RES 2005-138RESOLUTION NO. 2005 -138 A RESOLUTION OF THE, CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2005 -53, THE BUDGET APPROPRIATION FOR FISCAL YEAR 2005 -06, FOR A BUDGET ADJUSTMENT TO THE CITY'S STREET MAINTENANCE - PAVEMENT AND PROPOSITION C FUNDS. 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 May 31, 2005, the City Council of the City of Rancho Palos Verdes adopted Resolution 2005 -53, approving a spending plan and authorizing a budget appropriation for the 2005 -06 fiscal year; and WHEREAS, it is necessary for the City to allocate additional funds for inspection services for Portuguese Road Maintenance; and WHEREAS, a budget increase in the Street Maintenance - Pavement Management Program is necessary to authorize the expenditure of additional funds for professional /technical services; BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments be made to the Street Maintenance- Pavement Management and Proposition C funds: PB Road Maintenance 202- 3005 - 432 -32 -00 Prof /technical $5,000 Street Maint- Pavement- Transfer In 202- 3005 - 391 -10 -00 From Prop C $5,000 Prop C Transfer Out 215 - 3015 - 491 -91 -00 To Street Maint ($5,000) PASSED, APPROVED, AND ADOPTED THIS 20th DAY OF December 2005. 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 -138 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on December 20, 2005. WhW6��M_ WTK - W-M �Vt Clerk