CC RES 2004-107RESOLUTION NO. 2004-107
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
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 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 to purchase a radar
speed trailer and two driver feedback signs for a traffic safety project; and
WHEREAS, a budget increase in the Traffic Management Program is necessary to
authorize the expenditure of additional funds for traffic safety equipment;
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 -61 -00 Equipment $29,000
Traffic Management Program 101 - 3006 - 334 -10 -00 State Grant Revenue $29,000
PASSED, APPROVED, AND ADOPTED THE 21st DAY OF December, 2004.
Attest: Mayor
W, ph— I �' U W—V
Sate 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. 2004 -107 was duly and regularly passed and adopted by the said
City Council at regular meeting thereof held on December 21, 2004.
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