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CC RES 2000-076 RESOLUTION NO. 2000- 76 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES AUTHORIZING THE REALLOCATION OF MAINTENANCE AND SERVICING FUNDS GENERATED BY THE SAFE NEIGHBORHOOD PARKS PROPOSITION OF 1996 FROM THE CITY OF ROLLING HILLS FOR THE EXPANSION OF POINT VICENTE INTERPRETIVE CENTER WHEREAS, Los Angeles Taxpayers approved Proposition A of 1996, which provides funds to incorporated cities of Los Angeles County to acquire, develop, improve or restore real property for parks and recreation purposes; and WHEREAS, Proposition A of 1996 provides maintenance and servicing funds to eligible agencies to offset the increased maintenance costs resulting from Proposition funded projects; and WHEREAS, the City of Rolling Hills transferred its Proposition A of 1996 Per Parcel Discretionary funds to the City of Rancho Palos Verdes on September 11, 2000 for the purpose of the expansion of Point Vicente Interpretive Center; and WHEREAS, the City of Rolling Hills, through its transfer of Proposition A of 1996 Per Parcel Discretionary funds to the City of Rancho Palos Verdes, is unable to utilize the maintenance and servicing funds under the guidelines of the Proposition; and WHEREAS, the City of Rancho Palos Verdes has communicated a willingness to accept the Maintenance and Servicing funds allocation estimated to be 33% of the annual allocation to offset increased costs resulting from the Proposition funded project. NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES: Section 1: The City Council of the City of Rancho Palos Verdes hereby finds and determines that the recitals contained hereinabove are true and correct. Section2: The City Council of the City of Rancho Palos Verdes hereby authorizes Los Angeles County to transfer the City of Rolling Hills' annual Proposition A of 1996 Maintenance and Servicing allocation, estimated to be 33% of the annual allocation, without consideration; that is, the City of Rolling -- Hills will not receive any money, property, services or other reimbursement for assigning its allocation to the City of Rancho Palos Verdes. \\MASTADON\Public Works\LAUREN\STAFFRPT\GRANTS\measureA\RESOLTUION RHM&S.doc Section 3: The City Clerk of the City of Rancho Palos Verdes is directed to submit a copy of this Resolution to the Los Angeles County Regional * Park and Open Space District, 433 South Vermont Avenue, Los Angeles, CA 90020-1975. Section 4: The City Clerk of the City of Rancho Palos Verdes shall certify to the passage of this Resolution, and thereupon and thereafter the same shall be in full force and effect. PASSE D, APPROVED AND ADOPTED THIS 21ST DAY OF NOVEMBER, 2000. MAY R ATTEST: CLERK State of California ) County of Los Angeles ) City of Rancho Palos Verdes ) I, JO PURCELL, City Clerk of The City of Rancho Palos Verdes, hereby certify that the above Resolution 2000-76 was duly and regularly passed and adopted by the said City Council at regular meeting thereof held on November 21, 2000. /1 CITY CLERK \\MASTADON\Public Works\LAUREN\STAFFRPT\GRANTS\measureA\RESOLTUION RHM&S.doc