CC RES 2004-049RESOLUTION NO. 2004-49
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES,
AMENDING RESOLUTION 2003 -42, THE BUDGET APPROPRIATION FOR FISCAL
YEAR 2003 -04, 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 June 3, 2003, the City Council of the City of Rancho Palos Verdes
adopted Resolution 2003 -42, approving a spending plan and authorizing a budget
appropriation for the 2003 -04 fiscal year; and
WHEREAS, it is necessary for the City to allocate additional funds for traffic
engineering services,
WHEREAS, a budget increase in the Traffic Management Fund is necessary to
authorize the expenditure of additional funds for the 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
budget:
Traffic Safety #001 - 304 -35 Professional/Technical Srvcs $20,000
PASSED, APPROVED, AND ADOPTED TF
Attest:
City Clerk
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
I, JO PURCELL, City Clerk of The City of Rancho Palos Verdes, hereby certify that the
above Resolution No. 2004 -49 was duly and regularly passed and adopted by the said City
Council at regular meeting thereof held on June 15, 2004.
City Clerk