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HomeMy WebLinkAboutRES CC 2018 3760 2018 1107 RESOLUTION NO. 2018-3760 A RESOLUTION OF CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2018/19 BUDGET BY TRANSFERRING $2,032,817 FROM SPECIAL PROJECT FUND (3004) TO THE GENERAL FUND (1000) AND APPROPRIATING $2,032,817 FROM THE GENERAL FUND (1000) FOR THE PURCHASE AND RETROFIT OF STREETLIGHTS IN THE CITY OF MOORPARK (PROJECT NO. C0050) WHEREAS, on July 26, 2017 City Council approved staff recommendation to enter into a Purchase and Sale Agreement for the acquisition of the streetlight system in the City and Light Pole License Agreement to continue wireless data system operations with Southern California Edison. The purchase is subject to the approval of the California Public Utility Commission; and WHEREAS, on November 1, 2017 City Council adopted Resolution No. 2017- 3643 appropriating $50,000 from the General Fund (1000) for financial advisory and legal services needed for the acquisition of the streetlight system; and WHEREAS, on June 20, 2018 the City Council adopted the Operating and Capital Improvement Projects budget for Fiscal Year(FY) 2018/19; and WHEREAS, on August 5, 2018 the California Public Utility Commission approved the City's bid to acquire streetlight system. Subsequently, on September 5, 2018 City Council approved the Request for Proposal for turnkey streetlight acquisition retrofit, and maintenance services; and WHEREAS, a staff report has been presented to the City Council recommending to award the contract to Siemens Mobility, Inc. and requesting funding for streetlight purchase of $1,306,195 and streetlight retrofit costs of $726,622 for a total cost of $2,032,817; and WHEREAS, a transfer of $2,032,817 from Special Projects Fund (3004) to the General Fund (1000) and a budget appropriation of $2,032,817 from the General Fund (1000) to the SCE Streetlight Acquisition Project (C0050) is requested to complete this work; and WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said budget amendment and the resultant impact to the budget line items. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: Resolution No. 2018-3760 Page 2 SECTION 1. A budget amendment and the fund transfer of $2,032,817 from Special Projects Fund (3004) to the General Fund (1000) to finance the SCE Streetlight Acquisition Project (C0050), as more particularly described in Exhibit "A", attached hereto, is hereby approved. SECTION 2. A $2,032,817 budget appropriation from the General Fund (1000) to SCE Streetlight Acquisition Project (C0050), as more particularly described in Exhibit "A", attached hereto, is hereby approved. SECTION 3. The City Clerk shall certify to the adoption of this resolution and shall cause a certified resolution to be filed in the book of original resolutions. PASSED AND ADOPTED this 7th day of November, 2018. , - , ly-PaylArkv ..) ce S. Parvin, Mayor ATTEST: Maureen Benson, City Clerk4 A Exhibit A— Budget Amendment1, ,.iii Resolution No. 2018-3760 Page 3 EXHIBIT A BUDGET AMENDMENT FOR SPECIAL PROJECTS FUND (3004) AND THE GENERAL FUND (1000) FOR PURCHASE AND RETROFIT OF STREETLIGHTING SYSTEM IN THE CITY OF MOORPARK FISCAL YEAR 2018/19 FUND BALANCE ALLOCATION: Fund Title Fund-Account Number Amount SPECIAL PROJECTS FUND 3004-000-00000-33990 $ 2,032,817.00 GENERAL FUND 1000-000-00000-33990 $ - Total $ 2,032,817.00 REVENUE BUDGET ALLOCATION Account Number Current Budget Revision _Amended Budget 1000-000-00000-49010 $ - $ 2,032,817.00 $ 2,032,817.00 Total $ - $ 2,032,817.00 $ 2,032,817.00 EXPENDITURE APPROPRIATION: Account Number Current Budget Revision Amended Budget 3004-000-00000-59010 $ - $ 2,032,817.00 $ 2,032,817.00 1000-312-00050-55200 $ - $ 2,032,817.00 $ 2,032,817.00 Total $ - $ 4,065,634.00 $ 4,065,634.00 Resolution No. 2018-3760 Page 4 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Maureen Benson, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2018-3760 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 7th day of November, 2018, and that the same was adopted by the following vote: AYES: Councilmembers Mikos, Pollock, Simons, Van Dam, and Mayor Parvin NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 14th day of November, 2018. .1 Maureen Benson, City Clerk (seal) 61SC ii:%;', '''':',.%<%/7 ,t4,�