CC RES 2000-048RESOLUTION NO. 2000 -48
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
RANCHO PALOS VERDES AMENDING RESOLUTION NO.
2000 -34, THE BUDGET APPROPRIATION FOR FISCAL
YEAR 2000 -2001, FOR A BUDGET ADJUSTMENT TO THE
CITY'S CAPITAL PROJECTS 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 6, 2000, the City of Rancho Palos Verdes adopted
Resolution 00 -34, approving a spending plan and authorizing a budget appropriation
for the 2000 -2001 fiscal year; and
WHEREAS, it is advantageous to the City to allocate additional funds to provide
matching funds for the TEA grant for the scenic turnouts on Palos Verdes Drive West and
South
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:
That the following adjustment be made to the following fund budgets:
1. Recycling Fund:
112- 391.20 Transfer Out
2. Capital Improvement Projects Fund:
330 - 930.35 Professional/Technical Services
330 - 391.10 Transfer In
ATTEST:
$ 16,336
16,336
16,336
PASSED, APPROVED, AND ADOPTED THE 15' OF AUGUST, 2000.
State of California
County of Los Angeles
City of Rancho Palos Verdes
) ss
1, JO PURCELL, City Clerk of the City of Rancho Palos Verdes, hereby certify
that the above Resolution No. 2000 -48 was duly and regularly passed and adopted by the
said City Council at a regular meeting thereof held on August 15, 2000.
gAle/47
CITY CLERK
Resolution No. 2000 -48
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