CC RES 2005-072RESOLUTION NO. 2005-72
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 TRAFFIC
MANAGEMENT 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 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 to construct the Mira
Vista Speed Hump Project for traffic calming in the Mira Vista area; and
WHEREAS, a budget increase in the Traffic Management Program is necessary to
authorize the expenditure of additional funds for this traffic calming construction project;
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES:
The following adjustments be made to the General Fund:
Traffic Management Program 101- 3006 - 431 -73 -00 Construction $60,380
PASSED, APPROVED, AND ADOPTED THE 21st DAY OF June, 2005.
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Attest: .
City 'Ierk
Stag 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 -72 was duly and regularly passed and adopted by the said
City Council at regular meeting thereof held on June 21, 2005.