CC RES 1997-062RESOLUTION NO. 97 -62
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES AMENDING RESOLUTION 96-
37, THE OPERATING BUDGET FOR FISCAL YEAR 1996-
97, TO TRANSFER FUNDS FROM THE GENERAL FUND
TO THE MAINTENANCE AUTHORITY'S PORTUGUESE
BEND FUND
WHEREAS, Section 3.32 of the 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 4, 1996, the City Council of the City of the Rancho Palos
Verdes adopted Resolution No. 96 -37, approving a spending plan and authorizing a
budget appropriation of the 1996 -97 fiscal year; and
WHEREAS, the City Council desires that a fund transfer be made from the
General Fund to the Maintenance Authority's Portuguese Bend fund in the amount of
$12,000; and
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF
RANCHO PALOS VERDES:
Transfer $12,000 from the General fund to the Maintenance Authority's
Portuguese Bend fund.
PASSED, APPROVED, AND ADOPTED THE 1 T DAY JULY, 1997. 11
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ATTEST:
LERK
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. 97-6 2 was duly and regularly passed and adopted by the
said City Council at a regular meeting thereof held on July 1, 1997.
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CITY CLERK