HomeMy WebLinkAboutAGENDA REPORT 2003 0903 CC REG ITEM 10CMOORPARK CITY COUNCIL
AGENDA REPORT
ITEM 1 0 - C.
TO: The Honorable City Council
FROM: Mary K. Lindley, Director of Community ServicesC)'c
DATE: August 21, 2003 (City Council Meeting of 9/3/03)
SUBJECT: Consider Budget Amendment for the Purchase of the
Property at 296 Charles Avenue
DISCUSSION
The City has reached agreement with Benjamin Duarte for the
cost of the property at 296 Charles Avenue which the City
is acquiring through Eminent Domain. The property is being
purchased to construct a small neighborhood park.
The price agreed upon between the City and Mr. Duarte is
$115,000, inclusive of relocation costs for personal
property. The City Council is being asked to appropriate
funds to complete the purchase. Since the City will be
constructing a park on the property, the Park Improvement
Fund - Central Zone (2111) is an eligible funding source.
The Central Zone has an available balance of approximately
$146,000. In addition to the purchase price, staff is
requesting $12,000 for any purchase and closing fees
associated with the property, including attorney and
appraisal costs.
Staff will return to City Council in the near future with a
proposal for an appropriation of funds needed for the
design and construction of the park site.
STAFF RECOMMENDATION (Roll Call Vote)
Adopt Resolution No. 2003 - amending the FY 2003/04
budget by appropriating $127,000 from the Central Zone of
the Park Improvement Fund (2111).
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RESOLUTION NO. 2003-
RESOLUTION OF THE CITY COUNCIL OF THE
CITY OF MOORPARK, CALIFORNIA, AMENDING
THE FY 2003/04 BUDGET FOR THE PURCHASE
OF 296 CHARLES AVENUE TO CONSTRUCT A
PARK BY APPROPRIATING $127,000 FROM THE
PARK IMPROVEMENT FUND, CENTRAL ZONE
(2111), TO THE PARK IMPROVEMENT CAPITAL
EXPENDITURE BUDGET
WHEREAS, on June 18, 2003, the City Council adopted
the FY 2003/04 Budget; and
WHEREAS, on September 3, 2003, staff presented the
Council with a report which requests the appropriation of
$127,000 from the Park Improvement Fund, Central Zone, for
the acquisition of park property; and
WHEREAS, Exhibit "A" hereof describes said budget
amendment and its resultant impacts 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 to allocate $127,000
from the Park Improvement Fund, Zone 2, and appropriate the
same for playground improvements, as more particularly
described in Exhibit "A" attached hereto is hereby
approved.
SECTION 2. The City Clerk shall certify to the
adoption of the resolution and shall cause a certified
resolution to be filed in the book of original Resolutions.
PASSED AND ADOPTED this 3rd day of September, 2003.
Patrick Hunter, Mayor
ATTEST:
Deborah S. Traffenstedt, City Clerk
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Attachment A
Resolution No. 2003-
EXHIBIT A
Budget Revision
A. Fund Allocation:
Fund No.
Fund Name
Amount
2111
Park Improvement Fund, Central Zone
$127,000
$127,000
$127,000
B. Budget Appropriation:
BUDGET NUMBER
BUDGETED
REVISION
NEW BUDGET
2111.7800.7025.9610
$0
$127,000
$127,000
Approved to Form: rj)b
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