CC RES 2001-084 RESOLUTION NO. 2001-84
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 for the Crenshaw
Boulevard and Hawthorne Boulevard Arterial Rehabilitation project; and
WHEREAS, a budget increase in the Capitol 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:
Proposition C Fund: 115-391.20 Transfer Out to CIP Fund $147,399
Gas Tax Fund (Traffic 102-391.20 Transfer Out to CIP Fund $ 40,000
Congestion Relief AB2928)
Capital Improvement Projects Fund:
330-930-35 Professional Services $ 15,700
330-930-82 Improvements Other Than Bldgs. $171,699
330-391.10 Transfer In from Prop C Fund $147,399
330-391.10 Transfer In from Gas Tax Fund (Traffic $ 40,000
(Congestion Relief AB2928)
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PASSED, APPROVED, AND ADOPTED THE 16TH DAY OF OCTOBER, 2001.
4# J _ : .A
/ MAYOR
ATTEST:
(i)-4) 11,01-r,e_LOZ
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. 2001-84 was duly and regularly passed and adopted by the said
City Council at regular meeting thereof held on October 16, 2001.
/./ ' . f
CITY CLERK
CITY •F RANCHO PALOS VERDES
Resolution No. 2001-84
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