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CC RES 2005-036RESOLUTION NO. 2005-36 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES, AMENDING RESOLUTION 2004 -45, THE BUDGET APPROPRIATION FOR FISCAL YEAR 2004 -05, FOR A BUDGET ADJUSTMENT TO THE CITY'S TRAFFIC SIGNAL MAINTENANCE PROGRAM WITHIN THE 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 -05 fiscal year; and WHEREAS, it is necessary for the City to allocate additional funds for the replacement of a traffic signal controller that was damaged in an automobile accident; and WHEREAS, a budget increase in the Traffic Signal Maintenance Program is necessary to authorize the expenditure of additional funds for traffic signal maintenance; BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustment be made to the following program: Traffic Signal Maintenance 202- 3004 - 431 -43 -00 $19,000.00 PASSED, APPROVED, AND ADOPTED THE 5th DAY OF APRIL 2005. Attest: _ , State of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) Mayor I, CAROLYNN PETRU, City Clerk of The City of Rancho Palos Verdes, hereby certify that the above Resolution No. 2005 -36 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on April 5, 2005.