CC RES 2003-030RESOLUTION NO. 2003-30
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES,
AMENDING RESOLUTION 2002 -45, THE BUDGET APPROPRIATION FOR FISCAL YEAR
2002 -03, FOR A BUDGET ADJUSTMENT TO THE CITY'S CAPITAL IMPROVEMENT
PROGRAM 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 12, 2002, the City Council of the City of Rancho Palos Verdes adopted
Resolution 2002 -45, approving a spending plan and authorizing a budget appropriation for the
2002 -03 fiscal year; and
WHEREAS, it is necessary for the City to allocate additional funds for engineering services;
and
WHEREAS, a budget increase in the CAPITAL IMPROVEMENT PROGRAM Fund is
necessary to authorize the expenditure of additional funds for construction services.
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO
PALOS VERDES:
The following adjustment be made to the Capital Improvement Program Fund
CIP Fund 330 - 930 -82 Improvements
PASSED, APPROVED, AND ADOPTED THE 6th DAY OF MC
Attest:
City Clerk
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
$20,000
I, JO PURCELL, City Clerk of The City of Rancho Palos Verdes, hereby certify that the above
Resolution No. 2003 -30 was duly and regularly passed and adopted by the said City Council at
regular meeting thereof held on May 6, 2003.
j- LI
City Clerk