CC RES 1999-085 RESOLUTION NO. 99-85
A RESOLUTION OF THE CITY COUNCIL OF THE RANCHO
PALOS VERDES AMENDING RESOLUTION NO. 99-41, THE
BUDGET APPROPRIATION FOR FISCAL YEAR 1999-00, FOR
BUDGET ADJUSTMENTS TO THE CAPITAL IMPROVEMENT PROJECTS
FUND AND GENERAL 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 a
supplemental appropriation of the City Council; and
WHEREAS, on June 1, 1999, the City of Rancho Palos Verdes adopted
resolution 99-41, approving a spending plan and authorizing a budget
appropriation for the 1999-00 fiscal year; and
WHEREAS, the City Council desires that the fiscal year 1999-00 budget
appropriation in the Capital Improvement Project CIP Funds be increased by
$560,000 and an additional $705,000 operating transfer be made from the
General Fund to the CIP Fund
BE IT THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY
OF RANCHO PALOS VERDES:
That the following appropriation increases be made to the Fiscal Year 1999-00
Capital Improvement Projects Fund and General Fund budgets:
330-930.35 Professional/Technical Services $ 10,000
330-930.82 Improvements other than buildings $550,000
330-391.10 Transfer in from General Fund $705,000
001-391.20 Transfer to CIP $705,000
PASSED, APPROVED, AND ADOPTED THE 3RD DAY OF NOVEMBER, 1999.
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Mayor
ATTEST:
if s
CIt, 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 99- 85 was duly and regularly passed and
adopted by the said City Council at a regular meeting thereof held on November
3, 1999.
4, IP
Cite Clerk'
Resol. No. 99-8 5
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