CC RES 2002-010 RESOLUTION NO. 2002-10
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES, AMENDING RESOLUTION 2001-43, THE BUDGET APPROPRIATION
FOR FISCAL YEAR 2001-02, FOR A BUDGET ADJUSTMENT TO THE CITY'S
GAS TAX 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 5, 2001, the City Council of the City of Rancho Palos Verdes
adopted Resolution 2001-43, approving a spending plan and authorizing a budget
appropriation for the 2001-02 fiscal year; and
WHEREAS, it is necessary for the City to allocate additional funds to install a series of
four speed humps along Via Rivera in accordance with the City's Traffic Calming
Program,
WHEREAS, a budget increase in the Gas Tax 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 followin g adjustments be made to the following fund budgets:
General Fund: 001-391.20 Transfer Out $ 40,000
Gas Tax Fund:
102-302-30 Street Maintenance $ 40,000
102-391.10 Transfer In $ 40,000
PASSED, APPROVED, AND ADOPTED THE 19TH DAY OF FEBRUARY, 2002.
1" i / ' MAYoR
TEST:
r
CITY CLERK
Resolution No. 2002-10
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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. 2002-10 was duly and regularly passed and adopted by the said
City Council at regular meeting thereof held on February 19, 2002
I (2 / , r
CITY CLERK
CITY •F RANCHO PALOS VERDES
Resolution No. 2002-10
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