CC RES 2013-011RESOLUTION NO. 2013 -11
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF RANCHO PALOS VERDES,
AMENDING RESOLUTION 2012 -43, THE BUDGET APPROPRIATION FOR FISCAL
YEAR 2012 -13, FOR A BUDGET ADJUSTMENT TO THE CITY'S CAPITAL
IMPROVEMENT PROJECTS FUND AND WATER QUALITY FLOOD PROTECTION
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 19, 2012, the City Council of the City of Rancho Palos Verdes adopted
Resolution 2012 -43, approving a spending plan and authorizing a budget appropriation for the
2012 -13 fiscal year; and
WHEREAS, it is necessary for the City to allocate additional funds to provide adequate funding for
the San Ramon Canyon Stormwater Flood Reduction Project within the San Ramon Canyon; and
WHEREAS, budget adjustments in the Capital Improvement Projects Fund and Water Quality and
Flood Protection Fund are necessary to authorize the expenditure of additional funds for a storm
drain construction project;
BE IT, THEREFORE, RESOLVED BY THE CITY COUNCIL OF THE CITY OF RANCHO PALOS
VERDES:
The following adjustments be made to the FY12 -13 budget:
CI P Fund Transfers Out 330 - 3030 - 491 -91 -00 $ 872931009
WQFP Fund Transfers In 501 - 3052- 391 -10 -00 $ 81293,009
WQFP Grant Revenue 501 - 3052 - 334 -10 -00 $ 914641727
WQFP Improvements 501 - 3052- 431 -73 -00 $1777571736
PASSED, APPROVED, and ADOPTED this 5th day of March, 2013.
Mayor
ATTEST:
City Clerk
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
I, Carla Morreale, City Clerk of the City of Rancho Palos Verdes, hereby certify that th,e above
Resolution No. 2013 -11 was duly and regularly passed and adopted by the said City Council at a
regular meeting thereof held on March 5, 2013. � 1_1
City Clerk