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CC RES 2000-091RESOLUTION NO. 2000- 91 A RESOLUTION OF THE CITY COUNCIL OF THE CITY RANCHO PALOS VERDES AMENDING RESOLUTION NO. 2000 -33, 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 the Abalone Cove Beach Improvement 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: That the following adjustment be made to the following fund budget: 1. Capital Improvement Projects Fund: 330 - 930.35 Professional /Technical Services 77070 PASSED, APPROVED, AND ADOPTED THE 19th OF DECEMBER, 2000. ATTEST: /s/ Marilyn Lyon Mayor /s/ Jo Purcell 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. 2000 -91 was duly and regularly passed and adopted by the said City Council at a regular meeting thereof held on December 19, 2000. /s/ Jo Purcell City Clerk