CC RES 2003-078RESOLUTION NO. 2003-78
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 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 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 re- allocate funds for Sewer Master Plan Study
preparation, Storm Drain System Master Plan Updates, and Storm Drain Video Inspection
services; and
WHEREAS, a budget adjustment in the INFRASTURCTURE IMPROVEMENT PROGRAM is
necessary to authorize the expenditure of funds for Sewer and Storm Drain System
improvements.
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO
PALOS VERDES:
The following adjustment be made to the Sewer Maintenance Program and Infrastructure
Improvement Program within the CIP Fund budgets:
Sewer Maintenance 330 - 930 -35 Professional/Technical <$70,000>
Sewer Maintenance 330 - 930 -82 Improvements <$2801000>
Storm Drain Improvements 330 - 932 -35 Professional/Technical $67,500
Sewer Improvements 330 - 935 -35 Professi %eechnical $282,500
PASSED, APPROVED, AND ADOPTED THE 16th DAY OF _ BER 03.
County of Los Angeles
City of Rancho Palos Verdes
)ss
Mayor
I, JO PURCELL, City Clerk of the City of Rancho Palos Verdes, hereby certify that the above
Resolution No. 2003 -78 was duly and regularly passed and adopted by the said City Council at
regular meeting thereof held on September 16, 2003.
City Clerk