RDA RES 1991-008 RESOLUTION NO. RDA 91 - 8
I/ A RESOLUTION OF THE RANCHO PALOS VERDES
REDEVELOPMENT AGENCY AMENDING
THE 1990-91 OPERATING AND CAPITAL BUDGET
(AMENDMENT # RDA-2)
WHEREAS, on July 3, 1990, the Board of the Rancho Palos Verdes
Redevelopment Agency adopted Resolution No. RDA 90-14, approving a
spending plan and authorizing a budget appropriation for the 1990-
91 fiscal year; and
WHEREAS, the Agency Board adopted a revised budget for FY 1990-91,
including a $457,000 budget for projects funded with Community
Development Block Grant (CDBG) Funds; and
WHEREAS, since the Portuguese Bend Club Homeowners' Association has
offerred to pay for additional gabions to be installed in the
Portuguese Bend area; and
WHEREAS, The Redevelopment Agency holds the Coastal permit to
install gabions in this area.
NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF THE
RANCHO PALOS VERDES REDEVELOPMENT AGENCY:
Section 1: The CDBG Fund budget (110-910) shall be increased
by $43,740.
Section 2: The operating and capital budget for Fiscal
Year 1990-91 is hereby amended to reflect the following:
Community Development Block Grant
Activities $500,740
Section 3: The Agency budget shall be amended to reflect
additional revenue of $43,740 to fund this increased budget.
PASSED, APPROVED AND ADOPTED THE 2ND DAY OF APRIL, 1991.
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,r r GENCY CHAIRPERSON
ATTEST:
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3 _' .. .A,
AGENCY SECRETARY
State of California )
County of Los Angeles )
City of Rancho Palos Verdes )
I, JO PURCELL, Agency Secretary of the Rancho Palos . Verdes
Redevelopment Agency hereby certify that the above Resolution No.
RDA 91 - 8 was duly and regularly passed and adopted by the said
Redevelopment Agency at a regular meeting thereof held
on April 2, 1991.
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AGENC ' SECRETARY