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CC RES 2005-117RESOLUTION NO. 2005-117 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2005 -53, THE BUDGET APPROPRIATION FOR FY05 -06, TO INCREASE THE BUDGET IN THE CAPITAL IMPROVEMENT PROJECTS 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 FY05 -06; and WHEREAS, a small amount of unencumbered Robert - Z'Berg- Harris Block Grant Bond of 2002 (Proposition 40) grant monies remains available to the City for park purchases and improvements; and WHEREAS, the City Council desires that the FY05 -06 budget appropriation for CIP expenditures be increased to encumber remaining available Robert- Z'Berg- Harris Block Grant Bond of 2002 (Proposition 40) grant monies. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustment be made to the FY05 -06 budget: Adjust the CIP fund budget as follows: Park Improvements #330 - 3033 - 461 -72 -00 RZH Prop 40 #330 - 3033 - 334 -10 -00 PASSED, APPROVED, AND ADOPTED THE Attest: F1 State of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) PVIC Improvements $721 Grant Revenue $721 1st OF NOV R 2005. Mayor I, CAROLYNN PETRU, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2005 -117 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on November 1, 2005. q nAf- -,h '. f- J-M. RVA �v