CC RES 2001-060 RESOLUTION NO. 2001-60
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
CAPITAL PROJECTS 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 provide funding for
a capital improvement project; and
WHEREAS, a budget increase in the Capital Improvement Projects 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 following adjustments be made to the following fund budgets:
Increase in the Capital Improvement Fund
Improvements Other Than Buildings 330-930-82 $90,000
Transfer In 330-391-10 $ 90,000
Proposition A Fund
Transfer Out 115-391-20 $ 90,000
PASSED, APPROVED, AND ADOPTED THE 21st DAY OF AUGUST, 2001.
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ATTEST:
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• IN 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. 2001-60 was duly and regularly passed and adopted by the said
City Council at regular meeting thereof held on August 21, 2001.
8L-44-4:4-
CITY CLERK
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Resolution 2001-60
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