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HomeMy WebLinkAboutRES CC 2019 3836 2019 0717 RESOLUTION NO. 2019-3836 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2019/20 BUDGET BY APPROPRIATING $55,744 FROM THE CITY AFFORDABLE HOUSING FUND (2121) FOR DEMOLITION OF 136 FIRST STREET (L0080) WHEREAS, on March 21, 2018 City Council approved Resolution No. 2018-3690 authorizing the purchase of the property located at 136 First Street (APN: 512-0-102- 120) using the City Affordable Housing Fund (2121) for$259,500; and WHEREAS, on June 19, 2019 the City Council adopted the Operating and Capital Improvement Projects budget for FY 2019/20; and WHEREAS, a staff report has been presented to the City Council requesting a budget amendment of $55,744 from the City Affordable Housing Fund (2121) for demolition of 136 First Street; 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: SECTION 1. A budget amendment in the amount of $55,744 from, the City Affordable Housing Fund (2121), as more particularly described in Exhibit "A", attached hereto, is hereby approved. 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 ADOPTED this 17th day of July, 2019. Ja, ice S. Parvin, Mayor ATTEST: -...r001111 � 1./`Os Air Oft Ky Spa ler, Cit lerk __Iri,..v. _,I09 --- 5' o* Exhibit A— Budget Amendment 94�t0"1"6'.‘1146.� o juo Resolution No. 2019-3836 Page 2 EXHIBIT A BUDGET AMENDMENT FOR CITY AFFORDABLE HOUSING FUND (2121) DEMOLITION OF 136 FIRST STREET FY 2019/20 FUND BALANCE ALLOCATION: Fund Title Fund-Account Number Amount CITY AFFORDABLE HOUSING FUND 2121-000-00000-33990 $ 55,744.00 Total $ 55,744.00 EXPENDITURE APPROPRIATION: Account Number Current Budget Revision Amended Budget 2121-172-L0080-55100 $ - $ 55,744.00 $ 55,744.00 $ - $ $ - $ $ - $ - _ $ Total $ - $ 55,744.00 $ 55,744.00 Resolution No. 2019-3836 Page 3 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. 2019-3836 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. 1 -61 /Ky Spaner, ity lerk (seal) apARK 00 :4644,c ° 041Ap ,"iire r- S2 �p � ' *vii �� JO-11.V