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IA RES 1999-014RESOLUTION NO. IA99 -14 A RESOLUTION OF THE COMMISSION OF THE RANCHO PALOS VERDES JOINT POWERS IMPROVEMENT AUTHORITY, AMENDING RESOLUTION 98 -06, THE BUDGET APPROPRIATION FOR FISCAL YEAR 1998 -99, FOR BUDGET ADJUSTMENTS TO THE AUTHORITY'S PORTUGUESE BEND MAINTENANCE 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 Authority Commission: and WHEREAS, on June 3, 1998, the Commission of the Rancho Palos Verdes Joint Powers Improvement Authority adopted Resolution 98 -06, approving a spending plan and authorizing a budget appropriation for the 1998 -99 fiscal year: and WHEREAS, the Authority Commission desires that the fiscal year 1998 -99 budget appropriation be increased as follows: Portuguese Bend Maintenance Fund: Improvement Authority #885 - 885 -30 Maintenance Services $ 61100 BE IT, THEREFORE, RESOLVED BY THE COMMISSION OF THE RANCHO PALOS VERDES JOINT POWERS IMPROVEMENT AUTHORITY: The following increases be made to the fiscal year 1998 -99 Portuguese Bend Fund budget as follows: Portuguese Bend Maintenance Fund: Improvement Authority #885 - 885 -30 Maintenance Services $ 61100 PASSED, APPROVED, AND ADOPTED THE 3RD DAY OF NOVEMBER, 1999. CHAIR ATTEST: d C. MMISSION SECRETA State of California ) County of Los Angeles )ss City of Rancho Palos Verdes ) I, JO PURCELL, Commission Secretary of The Rancho Palos Verdes Joint Powers Improvement Authority, hereby certify that the above Resolution No. IA 99 -14 was duly and regularly passed and adopted by the said Authority Commission at regular meeting thereof held on November 3, 1999. f C MMISSION SECRETARY r