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HomeMy WebLinkAboutRES CC 2018 3770 2018 1205 RESOLUTION NO. 2018-3770 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2018/19 BUDGET TO INCREASE REVENUE BY $26,528 TO REFLECT NEW FUNDING; AND APPROPRIATE $3,625 IN STATE OF GOOD REPAIR FROM THE STATE TRANSIT ASSISTANCE FUND (2413) TO THE METROLINK NORTH PARKING LOT PROJECT (C0032) AND $22,903 IN STATE TRANSIT ASSISTANCE FROM THE STATE TRANSIT ASSISTANCE FUND (2413) TO THE METROLINK SOUTH PARKING LOT PROJECT SOUTH ENTRY PROJECT (C0029) WHEREAS, on April 28, 2017 Governor Brown signed Senate Bill 1 (SB1) known as The Road Repair and Accountability Act of 2017 which provides new transportation funding to repair highways, bridges and local roads, to make strategic investments in congested commute and freight corridors, and to improve transit service. A portion of SB 1, referred to as State of Good Repair (SGR) Program, will provide an estimated $105 million annual investment in public transit for eligible maintenance, rehabilitation and capital projects. The California Department of Transportation (Caltrans) has been designated to manage and administer the SGR Program; and WHEREAS, on June 20, 2018, the City Council adopted the Operating and Capital Improvements budget for Fiscal Year(FY) 2018/19; and WHEREAS, at the August 15, 2018 City Council meeting staff identified two eligible capital improvement projects for SGR and State Transit Assistance (STA) funding. Per staff recommendation, City Council adopted Resolution No. 2018-3734 authorizing the City Manager to execute all required documents to apply for SGR and STA apportionment for FY 2018/2019 with the Caltrans; and WHEREAS, a staff report has been presented to the City Council confirming eligibility from Caltrans to receive an apportionment from the State of Good Repair and State Transit Assistance for the submitted capital improvement projects for FY 2018/2019; and WHEREAS, a budget amendment is needed to increase revenue by $26,528 in State Transit Assistance Fund (2413) for STA allocation ($22,903) and SGR allocation ($3,625); and to appropriate the $22,903 to the Metrolink South Parking Lot Project South Entry Project (C0029) and $3,625 Metrolink North Parking Lot Project (C0032); and WHEREAS, Exhibit "A" attached hereto and made a part hereof, describes said budget amendments and their resultant impact to the budget line items. Resolution No. 2018-3770 Page 2 NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. An aggregate budget revenue amendment of $26,528 as more particularly described in Exhibit "A", attached hereto, is hereby approved. SECTION 2. An aggregate budget expenditure increase of $26,528 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 5th day of December, 2018. • Ja ice S. Parvin, Mayor ATTEST: fAllWr Maureen Benson, City Clerk Attachment: Exhibit "A": Budget Amendment 40 Resolution No. 2018-3770 Page 3 EXHIBIT A BUDGET AMENDMENT FOR STATE TRANSIT ASSISTANCE FUND FOR STATE OF GOOD REPAIR AND STA APPORTIONMENTS FISCAL YEAR 2018/19 FUND BALANCE ALLOCATION: Fund Title Fund-Account Number Amount STATE TRANSIT ASSISTANCE FUND 2413-000-00000-33990 $ - Total $ - REVENUE BUDGET ALLOCATION: Amended Account Number Current Budget Revision Budget 2413-000-00000-46200 $ - $ 22,903.00 $ 22,903.00 2413-000-P0049-46200 $ - $ 3,625.00 $ 3,625.00 $ - $ - $ $ - $ - $ Total $ - $ 26,528.00 $ 26,528.00 EXPENDITURE APPROPRIATION: Amended Account Number Current Budget Revision Budget 2413-311-00029-55200 $ - $ 22,903.00 $ 22,903.00 2413-430-00032-55200 $ - $ 3,625.00 $ 3,625.00 $ - $ - $ Total $ - $ 26,528.00 $ 26,528.00 Resolution No. 2018-3770 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. 2018-3770 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 5th day of December, 2018, and that the same was adopted by the following vote: AYES: Councilmembers Enegren, Mikos, Pollock, Simons, and Mayor Parvin NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 14th day of December, 2018. Maureen Benson, City Clerk (seal) &� J �'