09331
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RESOLUTION NO. 933
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 $92,293
in Proposition C Local Return Funds; and
WHEREAS, the City of Rancho Palos Verdes is planning to rehabilitate Crest
Road from Hawthorne Boulevard to Highridge Road, 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 assigns to the City of Rancho Palos
Verdes $46,146.50 in Rolling Hills Proposition C Funds to assist in the rehabilitation of Crest
Road.
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 and
applications to follow through with this transfer of funds.
APPROVED AND ADOPTED this 28th day of April, 2003.
Fran E. Hill
Mayor
ATTEST:
L
Marilyn L. Kern
Deputy City Clerk
� . � �'tA�
STATE OF CALIFORNIA )
COUNTY OF LOS ANGELES ) SS
CITY OF ROLLING HILLS )
The foregoing Resolution No. 933 entitled:
k 7DOP
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 April 28, 2003, by the
following roll call vote:
AYES: Councilmembers Black, Lay, Mayor Pro Tem Heinsheimer
and Mayor Hill.
NOES: None.
ABSENT: Councilmember Pernell.
ABSTAIN: None.
Resolution No. 933
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Ma'r�ilyn �Ke
Deputy City Clerk