Rancho Palos Verdes
City Council
C. Consider reallocating special revenue funding for two capital improvement
projects. (Cloke)
Recommendation: 1) Approve a budget reallocation of $400,000 in Measure
R Funds from the Capital Improvement Program (CIP) project Roadway
Management Program - Palos Verdes Drive East (Project 8858) to the Palos
Drive South Landslide Repair (Project 8302) to avoid restricted funds from
lapsing; and, 2) Approve a budget reallocation of $400,000 in Gas Tax (SB-1)
Fund from the Palos Verdes Drive South Landslide Repair (Project 8302) to
the Palos Verdes Drive East (Project 8858).
Agenda Report