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CC RES 2005-139RESOLUTION NO. 2005-139 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 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 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 Geological Assistance; and WHEREAS, additional funding for maintenance activities in the Improvement Authority budget is necessary; BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustments be made to the General Fund: Transfer Out 101 - 6000 - 491 -91 -00 To Improvement Authority $35,000 PASSED, APPROVED, AND ADOPTED THIS 20th DAY OF December 2005. --Mayor Attest: We 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 -139 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on December 20, 2005. r . Ah