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HomeMy WebLinkAboutRES CC 2019 3831 2019 0717 RESOLUTION NO. 2019-3831 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2019/20 BUDGET TO APPROPRIATE $50,000 FROM THE COMMUNITY DEVELOPMENT FUND (2200) FOR PROJECT FEASIBILITY REVIEW SERVICES AND ADD $50,000 IN OFFSETTING COMMUNITY DEVELOPMENT FUND (2200) REVENUES WHEREAS, on June 19, 2019, the City Council adopted the Operating and Capital Improvement Budget for Fiscal Year 2019/20; and WHEREAS, a staff report has been presented to the City Council requesting approval of an agreement with Keyser Marston Associates, Inc. for project feasibility review services with total payment not to exceed $50,000; and WHEREAS, the City will be reimbursed by developers for any services received by the City under that agreement; and WHEREAS, a budget appropriation of $50,000 from the Community Development Fund (2200) is requested for the contract and a corresponding budget revenue increase of $50,000 in the same fund is recommended to recognize reimbursements from developers; and WHEREAS, Exhibit A, attached hereto and made a part hereof, describes said budget amendment and its resultant impact to the budget line items. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget amendment adding $50,000 in both revenues and expenditures to the Community Development Fund (2200) to fund an agreement with Keyser Marston Associates, Inc., for project feasibility review services, is hereby approved, as more particularly described in Exhibit A, attached hereto. 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. Resolution No. 2019-3831 Page 2 PASSED AND ADOPTED this 17th day of July, 2019. d, tai' / - nice S. Parvin, Mayor ATTEST: k6 �K Span er� CiyClerk %**4W,641,1 egt Attachment: Exhibit A— Budget Amendment °o4111111 w !'O Y JUD Resolution No. 2019-3831 Page 3 EXHIBIT A BUDGET AMENDMENT FOR COMMUNITY DEVELOPMENT FUND FOR PROJECT FEASIBILITY REVIEW SERVICES FY 2019/20 FUND BALANCE ALLOCATION: Fund-Account Fund Title Number Amount Community Development Fund 2200-000-00000-33990 $0.00 Total $0.00 REVENUE BUDGET ALLOCATION: Current Amended Account Number Budget Revision Budget 2200-000-00000-43080 $204,100.00 $50,000.00 $254,100.00 Total $204,100.00 $50,000.00 $254,100.00 EXPENDITURE APPROPRIATION: Current Amended Account Number Budget Revision Budget 2200-161-00000-51000 $150,000.00 $50,000.00 $200,000.00 Total $150,000.00 $50,000.00 $200,000.00 Resolution No. 2019-3831 Page 4 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Ky Spangler, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2019-3831 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 17th day of July, 2019, 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 17th day of July, 2019. l Ky Sp gle , Cit Clerk (seal) PARK ate►4<• 0711) 5 9 fie \O. 9 qr°4 JU''4