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CC RES 2003-093 RESOLUTION NO. 2003-93 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 QUIMBY, MEASURE A, DEVELOPMENT IMPACT MITIGATION (EET) AND CAPITAL IMPROVEMENTS FUNDS. 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, the City Council desires to fund the Point Vicente Interpretive Center Expansion Project; and WHEREAS, the City Council desires that the fiscal year 2003-04 budget appropriation be adjusted; and BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: 338-938.78 Misc. Expenditures (return County reimbursement for Abalone Cove Beach Imp. Expenditures) $ 129,854 338-391.20 EET- Transfers to CIP $ 310,024 334-391.20 QUIMBY- Transfers to CIP $ 337,900 339-391.20 MEASURE A- Transfers to CIP $2,824,785 339-364.10 MEASURE A- Grant Income $2,824,785 330-933.82 CIP- Park Improvements $ 322,600 330-391.10 CIP- Transfers In $-.500,000 PASSED, APPROVED, AND ADOPTED THE 5th DAs OF N oVEMBE: 103. AhmAil Aft Attest: Mayor / / /, / J 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. 2003-93 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on Novemb r 5, 2003. 7) '1:--)-- t 1 City Clerk