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CC RES 2002-078 RESOLUTION NO. 2002-78 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 RECYCLING 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 Neighborhood Beautification Grants; and WHEREAS, a budget increase in the Recycling Fund is necessary to authorize the expenditure of additional funds for Neighborhood Beautification Grants. BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: The following adjustment be made to the Recycling Fund budget: Recycling Fund 112-312-68 City Grants $92,593 PASSED, APPROVED, AND ADOPTED THE 3rd DAY OF September 2002. 4rir Mayor A; ATTEST: iJ/A Ci y 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. 2002-78 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on September 3, 2002. City Clerk