CC RES 2002-048 RESOLUTION NO. 2002-48
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES AMENDING RESOLUTION NO. 2001-43, THE BUDGET APPROPRIATION
FOR FISCAL YEAR 2001-2002, FOR A BUDGET ADJUSTMENT TO THE CITY'S
QUIMBY 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 Ladera
Linda Upper Hill Park Playground Improvement Project; and
WHEREAS, a budget increase in the Quimby 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 Quimby Fund — Ladera Linda Upper Hill
Park Playground Improvement Project.
Quimby Fund 334-934-.82 Improvement other $16,443
then building
Quimby Fund 334-391-10 Transfer in from Solid $16,443
Waste Fund
Solid Waste Money 113-391-20 Transfer out to $16,443
Quimby
PASSED, APPROVED, AND ADOPTED THE 18th day of June, 2002.
ATTEST: ' iiViA
MA*'T'1
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. 2002-48 was duly and regularly passed
and adopted by the said City Council at a regular meeting thereof held on June 18,
2002.
ctsi)
City Clerk