CC RES 2003-097 RESOLUTION NO. 2003-97
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 preparation of the
South Eastview Neighborhood Traffic Calming study,
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 $9,870
PASSED, APPROVED, AND ADOPTED THE 18th DAY OF (OVE BER 211
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Mayor
Attest:
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Cit Clerk
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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. 2003-97 was duly and regularly passed and adopted by the said City Council at
regular meeting thereof held on November 18, 2003.
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City Clerk