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HomeMy WebLinkAboutAGENDA REPORT 1999 0616 CC REG ITEM 11CTO FROM: DATE MOORPARK CITY COUNCIL AGENDA REPORT Honorable City Council ITEM 1 1 • C' �1 0RP 4RK. CALTFORNU (Conch Meeting of ' lCC l 'nAC7C -: �1211161 ✓ Z' A,9'L1k& BY: John E. Nowak, Assistant City Manager ° 04 June 1999 (Council Meeting of 06- 16 -99) SUBJECT: Consider Resolution No. 99- Amending the FY 1998/99 Operating Budget by Appropriating $5,150 from the Community Development Block Grant (CDBG) Fund for Mayflower Market. DISCUSSION: In 1994 the City Council approved providing Mayflower Market located at 105 E. High Street with $5,150 toward the cost of improvements and expansion of the building. However, the funds were never appropriated in the budget for that purpose. The owners of the business are ready to begin construction and have asked the City for the funds. RECOMMENDATION: Staff recommends that the City Council adopt Resolution No. 99- amending the FY 1998/99 Operating Budget by appropriating $5,150.00 of Community Development Funds for the Mayflower Market improvements. (ROLL CALL VOTE) Attached: Resolution 000680 RESOLUTION NO. 99- A RESOLUTION OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FY 1998/99 BUDGET TO APPROPRIATE FUNDS FROM THE COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS FOR APPROPRIATIONS TO THE MAYFLOWER MARKET PROJECT. WHEREAS, on June 17, 1998 the City Council adopted the Budget for Fiscal Year 1998 -1999; and WHEREAS, a staff report has been presented to said Council describing the need to appropriate funds from the Community Development Block Grant (CDBG) funds to permit expenditures to Mayflower Market; and WHEREAS, Exhibit "A" hereto describes said budget amendment and resultant impacts to the current budget. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget amendment in the amount of $5,150 be appropriated from Community Development Block Grant Fund to the CDBG Division - Other Contractual Service (Division 511), as more particularly described in Exhibit "A" attached hereto and made a part hereof. SECTION 2. 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 APPROVED this 16th day of June 1999. Patrick Hunter, Mayor ATTEST: Deborah S. Traffenstedt, City Clerk Exhibit "A" rMr.,; RESOLUTION NO. 99- EXHIBIT "A" BUDGET AMENDMENT DETAIL APPROPRIATION FUND ACCOUNT NUMBER AMOUNT CDBG 245.000.0000.000.5105 $5,150 BUDGET REVISION CURRENT INCREASE/ REVISED ACCOUNT NUMBER BUDGET (DECREASE) BUDGET 245.511.5035.000.9191 $19,097 $ 5,150 $24,247 (Other Contractual Services)