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CC RES 2000-067 RESOLUTION NO. 2000- 67 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 construct storm drain improvements near Palos Verdes Drive East and Bronco Drive; 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: That the following adjustment be made to the following fund budget: 1. Capital Improvement Projects Fund: 330-930.35 Professional/Technical Services 20,000 330-930.82 Improvements Other Than Buildings 355,000 PASSED, APPROVED, AND ADOPTED THE 3rd OF OCTOBER, 2000. ATTEST: kAA-4 asp &IN MA OR CITY ,, ' 'K +� I State • 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. 2000-67 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on October 3, 2000. . A Kgett, Ci "'Clerk Resolution No. 2000-67 Page 2 of 2