Recommendation: Adopt Resol. No. RDA 97-12 - A Budget appropriation Increase for the Debt Service Fund of the Redevelopment Agency in the amount of $65,000.

Recommendation: (1) Adopt Resolution No. RDA 97 - , a Resolution of the Rancho Palos Verdes Redevelopment Agency Board, Certifying the Final Environmental Impact Report for the Abalone Cove Well Conversion Project; Adopting California Environmental Quality Act (CEQA) Findings and Facts in Support of Findings; Adopting a Statement of Overriding Considerations; and Adopting the Mitigation Monitoring Program, Pursuant to the California Environmental Quality Act (CEQA), and State and Local Guidelines. (2) Adopt Resol. No. RDA 97- Of the Rancho Palos Verdes Redevelopment Agency Adopting an Addendum to the Final Environmental Impact Report for the Abalone Cove Well Conversion Project, Authorizing Staff to Proceed with the Well Conversion Project, and Authorizing Staff to Award a Professional Services Contract to Simons Li and Associates on a Time and Material Basis, for a Not to Exceed Sum of $14,600 for Permit Processing Consulting; (3) Approve the project to convert both the LC-4 and Hon Wells for monitoring wells to dewatering wells.

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