CC RES 2005-049RESOLUTION NO. 2005 -49
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES,
AMENDING RESOLUTION 2004 -45, THE BUDGET APPROPRIATION FOR FY04 -05, FOR
BUDGET ADJUSTMENTS TO THE CITY'S EET AND EQUIPMENT REPLACEMENT 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 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
FY04 -05; and
WHEREAS, certain FY04 -05 expenditures for technology requirements at the Pointe Vicente
Interpretive Center (PVIC), as described below, are expected to exceed budgeted
appropriations; and
WHEREAS, the City Council desires to approve a FY04 -05 budget appropriation for PVIC
technology needs.
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO
PALOS VERDES:
The following adjustments be made to the FY04 -05 budget:
Adjust the EET Fund budget as follows:
EET #338- 3038 - 491 -91 -00 Transfers Out $60,000
Adjust the Eguipment Replacement Fund budget as follows:
Equipment Replacement #681- 2082 - 499 -75 -20 Computer Equipment $80,000
Equipment Replacement #681- 2082 - 391 -10 -00 Transfer In $60,000
PASSED, APPROVED, AND ADOPTED THE 17TH DAY OF MAY 2005.
Attest: Mayor
City Nrk
State of Caiifornia )
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 -49 was duly and regularly passed and adopted by the said City Council at
regular meeting thereof held on May 17, 2005.
eoo� 'W"
CONCIerk.