IA RES 2015-014 RESOLUTION NO. IA 2015-14
A RESOLUTION OF THE COMMISSION OF THE RANCHO
PALOS VERDES JOINT POWERS IMPROVEMENT
AUTHORITY, AMENDING RESOLUTION 2014-07, THE
BUDGET APPROPRIATION FOR FY14-15, TO REDUCE THE
BUDGET FOR APPROVED CONTINUING APPROPRIATIONS.
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 August 5, 2014, the Commission of the Rancho Palos Verdes Joint Powers
Improvements Authority adopted Resolution 2014-07, approving a spending plan and authorizing
a budget appropriation for FY14-15: and
WHEREAS, a project included in the FY14-15 budget will be carried over as a continuing
appropriation to FY15-16; and
WHEREAS, the Authority Commission desires that the FY14-15 budget be reduced for the
specific project as part of the continuing appropriation carried over to FY15-16.
BE IT, THEREFORE, RESOLVED BY THE COMMISSION OF THE RANCHO PALOS VERDES
JOINT POWERS IMPROVEMENT AUTHORITY:
The following adjustment be made to the FY14-15 budget:
Decrease the Portuguese Bend fund budget as follows:
Burma Road Grading & Repairs #285-3088-431-43-00 Maintenance $20,000
PASSED, APPROVED, AND ADOPTED THE 1st DAY OF SEPTEMBER 2015.
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ATTEST:
Authority Secretary
State of California )
County of Los Angeles )ss
City of Rancho Palos Verdes )
I, Carla Morreale, Authority Secretary of the Rancho Palos Verdes Joint Powers Improvement
Authority, hereby certify that the above Resolution No. IA 2015-14 was duly and regularly passed
and adopted by the said Commission at regular meeting thereof held on September 1, 2015.
Authority Secretary