08291
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RESOLUTION NO. 829
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROLLING
HILLS, CALIFORNIA, ASSIGNING TO THE CITY OF RANCHO
PALOS VERDES A PORTION OF ITS AVAILABLE PROPOSITION C
TRANSPORTATION FUNDS.
WHEREAS, the City of Rolling Hills has a fund balance of approximately
$10,000 in Proposition C Local Return Funds; and
WHEREAS, the City of Rancho Palos Verdes is planning to resurface Palos
Verdes Dive East which represents a public street improvement qualifying for funding
with Proposition C Local Return Funds; and
WHEREAS, the City of Rolling Hills has a general interest in street
improvement projects in the City of Rancho Palos Verdes.,
NOW, THEREFORE, the City Council of the City of Rolling Hills, California,
does hereby resolve as follows:
Section 1. The City of Rolling Hills hereby assign to the City of Rancho
Palos Verdes 40%, approximately $4,000, in Rolling Hills Proposition C Funds to assist in
the cost of resurfacing Palos Verdes Drive East.
Section 2. The City Clerk shall certify to the adoption of this Resolution
and shall forward certified copies to the Los Angeles County Metropolitan Transportation
Authority and the City of Rancho Palos Verdes.
Section 3. The City Manager is hereby directed and authorized to execute
any necessary documents, including but not limited to agreements, amendments, forms,
applications, etc., to follow through with the exchange of funds.
APPROVED AND ADOPTED this 27th day of October, 1997.
eAlleneoLay
Mayor
ATTEST:
nC- .I< QA"J
Marilyn L. ern
Deputy City Clerk
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES )
CITY OF ROLLING HILLS )
SS
The foregoing Resolution No. 829 entitled:
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF ROLLING
HILLS, CALIFORNIA, ASSIGNING TO THE CITY OF RANCHO
PALOS VERDES A PORTION OF ITS AVAILABLE PROPOSITION C
TRANSPORTATION FUNDS.
was approved and adopted at a regular meeting of the City Council on October 27, 1997, by
the following roll call vote:
AYES: Councilmembers Heinsheimer, Murdock, Pernell,
Mayor Pro Tem Hill and Mayor Lay.
NOES: None.
ABSENT: None.
ABSTAIN: None.
Resolution No. 829
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.J— J-),
Marilyn L. Kern
Deputy City Clerk