CC RES 2001-081 RESOLUTION NO. 2001-81
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 IMPROVEMENT 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 construct
the San Ramon Drainage and Landslide Stabilization 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 Capital Improvement Projects Fund budget:
CIP #330-930-82 Improvements other than Bldgs. $1,181,000
CIP #330-391.10 Transfer in from General Fund $1,181,000
General Fund #001-391.20 Transfer out to CIP Fund $1,181,000
PASSED, APPROVED, AND ADOPTED THE 2nd DAY OF OCTOBER 2001.
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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. 2001-81 was duly and regularly passed and adopted by the said
City Council at regular meeting thereof held on October 2, 2001.
CITY CLERK
CI OF RANCHO PALOS VERDES
Resolution No. 2001-81
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