RDA RES 1998-013 RESOLUTION NO. RDA 98-13
A RESOLUTION OF THE BOARD OF THE RANCHO PALOS VERDES
REDEVELOPMENT AGENCY AMENDING RESOLUTION 97-11, THE
BUDGET APPROPRIATION FOR FISCAL YEAR 1997-98, TO INCREASE
APPROPRIATIONS IN THE DEBT SERVICE 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 Agency Board: and
WHEREAS, on July 1, 1997 the Board of the Rancho Palos Verdes Redevelopment
Agency adopted Resolution 97-11, approving a spending plan and authorizing a budget
appropriation for the 1997-98 fiscal year: and
WHEREAS, an appropriation increase in the Debt Service Fund is necessary for the
expenditure of additional funds for passed through to the Los Angeles County Fire District;
BE IT, THEREFORE, RESOLVED BY THE BOARD OF THE RANCHO PALOS VERDES
REDEVELOPMENT AGENCY:
The following adjustment be made to the fiscal year 1997-98 budget:
Increase the Debt Service Fund budget as follows:
610-92 Pass thru to other agencies 14,500
PASSED, APPROVED, AND ADOPTED THE 4TH DAY OF NOVEMBER, 1998.
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CHAIR
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A( NCY SECRETARY
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
I, JO PURCELL, Agency Secretary of the Rancho Palos Verdes Redevelopment Agency,
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hereby certify that the above Resolution No. 98-13 was duly and regularly passed and
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adopted by the said Agency Board at regular meeting t -reof he n November 4, 1998.
AG 'NCY SECRETARY