CC RES 2002-098 RESOLUTION NO. 2002-98
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 BUILDING REPLACEMENT FUND
AND 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 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 the Civic Center Office
Modifications; and
WHEREAS, a budget increase in the City's Building Replacement Fund program, within the General
Fund Budget, is necessary to authorize the expenditure of additional funds for the project; and
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES:
The following increase be made to the fiscal year 2002-03 City's Building Replacement Fund
program budget:
Building Replacement fund - Improvements (786-386.82) $29,740
Transfer from the General fund
(to the Building Replacement fund) (786-391.10) 5,000
Transfer to the Building Replacement fund
(from the General fund) (001-391.20) 5,000
PASSED, APPROVED, AND ADOPTED THE 19th DAY OF November 2002.
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Aar a , /11 A./►'
M'yor
Attest:
4,
ity 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. 2002-98 was duly and regularly passed and adopted by the said City Council at
regular meeting thereof held on November 19, 2002.
City Clerk