Loading...
HomeMy WebLinkAboutRES CC 2020 3975 2020 1202 RESOLUTION NO. 2020-3975 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2020/21 BUDGET TO ALLOCATE $25,000 FROM THE GENERAL FUND (1000) AND $25,000 FROM THE HOUSING SUCCESSOR AGENCY FUND (2123) FOR REAL ESTATE APPRAISAL SERVICES WHEREAS, the City Council adopted the Operating and Capital Improvement Budget for Fiscal Year 2020/21 on June 21, 2020; and WHEREAS, a staff report has been presented to City Council requesting a budget amendment for real estate appraisal services associated with impending property sales for a total cost of$50,000; and WHEREAS, a budget amendment in the amount of $25,000 from the General Fund (1000) Unreserved Fund Balance and $25,000 from the Housing Successor Agency Fund (2123) Fund Balance are needed to fund the work; and WHEREAS, Exhibit "A" 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 in the aggregate amount of $50,000 from the General Fund (1000) Unreserved Fund Balance and Housing Successor Agency Fund (2123) Fund Balance, as more particularly described in Exhibit A, 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 2nd day of December 2020. • ice S. Parvin, Mayor PajK ATTEST: 4)141 o A. Pri 1 rag r A.7) Ky Spa e , Cit lerk 940 ‘)�.• 040 r Attachment: Exhibit A— Budget Amendment Resolution No. 2020-3975 Page 2 EXHIBIT A BUDGET AMENDMENT FOR GENERAL FUND (1000) HOUSING SUCCESSOR AGENCY FUND (2123) REAL ESTATE APPRAISAL SERVICES FY 2020/21 t I F - - i FUND BALANCE ALLOCATION: Fund Title Fund-Account Number Amount GENERAL FUND 1000-000-00000-33990 $ 25,000.00 HOUSING SUCCESSOR AGENCY FUND 2123-000-00000-33990 $ 25,000.00 Total) $ 50,000.00 f :EXPENDITURE APPROPRIATION: Account Number Current Budget Revision Amended Budget 1000-172-00000-51000 $ - $ 25,000.00 $ 25,000.00 2123-172-00000-51000 $ - $ 25,000.00 $ 25,000.00 $ - $ - $ - $ - $ - $ - $ - $ - $ - Total $ - $ 50,000.00 $ 50,000.00 Resolution No. 2020-3975 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. 2020-3975 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 2nd day of December, 2020, and that the same was adopted by the following vote: AYES: Councilmembers Castro, Enegren, Groff, Pollock and Mayor Parvin NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 2nd day of December, 2020. t&-14Ky Spale , Cit lerk (seal) PyyK C4 I ."P11101""'�)2 MOW Vilike07.4 pal : weft 411171I, O4gT0D ,J 4