CC RES 2002-057 RESOLUTION NO. 2002-57
A RESOLUTION OF THE CITY COUNCIL OF THE CITY RANCHO
PALOS VERDES AMENDING RESOLUTION NO. 2002-45, THE
BUDGET APPROPRIATION FOR FISCAL YEAR 2002-2003, FOR
A BUDGET ADJUSTMENT TO THE CITY'S BUILDING
REPLACEMENT 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 12, 2002, the City of Rancho Palos Verdes adopted
Resolution 2002-45, approving a spending plan and authorizing a budget appropriation
for the 2002-2003 fiscal year; and
WHEREAS, it is necessary for the City to allocate additional funds to roof
Replacement/Repair Project; and
WHEREAS, a budget increase in the Building Replacement 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 Building Replacement Fund — Roof
Repair/Replacement Project.
Building Replacement Fund 786-386-82 $22,275
PASSED, APPROVED, AND ADOPTED THE 2nd day of July 2002.
ATTEST: /f Al AG1 jp4
MAYO-W
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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. 2002-57 was duly and regularly passed and adopted by
the said City Council at a regular meeting thereof held on July 2, 2002.
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City Clerk