CC RES 2001-078 RESOLUTION NO. 2001-78
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 install a traffic
signal on Hawthorne Boulevard at Vallon Drive; and
WHEREAS, a budget increase in the Capitol Projects 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 following adjustments be made to the following fund budgets:
General Fund: 001-391.20 Transfer Out $135,000
Capital Improvement Projects Fund:
330-930-35 Professional Services $ 25,000
330-930-82 Improvements Other Than Bldgs. $110,000
330-391.10 Transfer In $135,000
PASSED, APPROVED, AND ADOPTED THE 18TH DAY OF SEPTEMBER, 2001.
III Al, "
/ MAYOR
A EST:
.t_ . �' i ■
CITY CLERK
Resolution No. 2001-78
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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. 2001-78 was duly and regularly passed and adopted by the said
City Council at regular meeting thereof held on September 18, 2001.
1 ,, e 4
24, CITY CLERK
CITY OF RANCHO PALOS VERDES
Resolution No. 2001-
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