MA RES 1996-004RESOLUTION NO. MAC 96 -04
A RESOLUTION OF THE JOINT POWERS MAINTENANCE
AUTHORITY AMENDING RESOLUTION NO. MA 96 -01, THE
BUDGET APPROPRIATION FOR FISCAL YEAR 1996 -97, FOR
A BUDGET ADJUSTMENT FOR A TRANSFER TO THE
MAINTENANCE AUTHORITY FROM THE CITY
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 18, 1996, the Maintenance Authority Commission adopted
Resolution MA 96-01, approving a spending plan and authorizing a budget appropriation
for the 1996 -97 fiscal year; and
WHEREAS, the Commission wishes to revise the budget to reflect a transfer to the
Authority from the City;
BE IT, THEREFORE, RESOLVED BY THE MAINTENANCE AUTHORITY
COMMISSION:
That the following adjustment be made to the budget:
Increase the Transfer to the Maintenance Authority (Portuguese Bend) from the General
Fund by $44,000.
PASSED, APPROVED, AND ADOPTED THE 17TH DAY OF SEPTEMBER, 1996.
� AI P RSON
ATTEST�1 / �, �,
COMMIgtION SECRETARY
State of California )
County of Los Angeles ) ss
City of Rancho Palos Verdes )
I, JO PURCELL, Secretary of the Maintenance Authority, hereby certify that the
above Resolution No. MA 96 -04 was duly and regularly passed and adopted by the said
Commission at a regular meeting thereo7hel on September 17, 1996.
COMMI(Z/qIOiV SECRETARY