CC RES 2002-047 RESOLUTION NO. 2002-47
A RESOLUTION OF THE CITY COUNCIL OF THE CITY RANCHO PALOS VERDES
AMENDING RESOLUTION NO. 2001-43, THE BUDGET APPROPRIATION FOR FISCAL
YEAR 2001-2002, FOR A BUDGET ADJUSTMENT TO THE CITY'S GENERAL FUND.
WHEREAS, Section 3.32 of the City of 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 of Rancho Palos Verdes adopted Resolution 2001-
43, approving a spending plan and authorizing a budget appropriation for the 2001-2002 fiscal
year; and
WHEREAS, it is necessary for the City to allocate additional funds to trail repairs and
fencing construction at Inspiration Point and Shoreline Park; and
WHEREAS, a budget increase in the General 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:
That the following adjustment be made to the General Fund — Parks and Trails Maintenance fund
budget:
General Fund 001-341-.30 Maintenance $9,465
General Fund 001-391-.10 Transfer in from $9,465
Quimby Fund
Quimby 334-391-.20 Transfer out to General $9,465
Fund
PASSED, APPROVED, AND ADOPTED THE 12th day of June, 2002.
ATTEST: .'
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MA 0 Will
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. 2002-47 was duly and regularly passed and adopted by the said City
Council at a regular meeting thereof held on June 12, 2002.
A
City Clerk