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HomeMy WebLinkAboutRES CC 2021 4010 2021 0602RESOLUTION NO. 2021-4010 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR (FY) 2020/21 BUDGET BY APPROPRIATING $74,011 FROM THE ROAD MAINTENANCE AND REHABILITATION FUND (2416) AND REDUCING $74,011 IN EXPENDITURES FROM LOCAL TRANSIT ARTICLE SA FUND (2412) FOR THE DOWNTOWN AREA SLURRY SEAL PROJECT NO. M0047 WHEREAS, on June 17, 2020, the City Council adopted the Operating and Capital Improvements Budget for FY 2020/21 (Budget) which includes $1,S00,000 in expenditures for the Downtown Area Slurry Seal Project No. M0047, with $1,200,000 in expenditures from 2416-311-M0047-55200 and $600,000 in expenditures from 2412- 311-M0047-55200; and WHEREAS, a staff report has been presented to the City Council recommending the appropriation of $74,011 in Road Maintenance and Rehabilitation Fund (2416) to replace $74,011 in expenditures from the Local Transit Article SA Fund (2412) Downtown Area Slurry Seal Project No. M0047; and WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said budget amendment and the resultant impact to the budget line item. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget amendment in the amount of $74,011 from the Road Maintenance and Rehabilitation Fund (2416), as more particularly described in Exhibit "A", attached hereto, is hereby approved. SECTION 2. A budget amendment in the amount of ($74,011) to the Local Transit Article SA Fund (2412), 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. Resolution No. 2021-4010 Page 2 PASSED AND ADOPTED this 2nd day of June, 2021. ATTEST: (}alee S. Parvin, Mayor KySpa~~ Exhibit A -Budget Amendment Resolution No. 2021-4010 Page 3 EXHIBIT A BUDGET AMENDMENT FOR ROAD MAINTENANCE AND REHABILITATION FUND (2416) AND LOCAL TRANSIT ARTICLE 8A FUND (2412) FOR THE DOWNTOWN AREA SLURRY SEAL PROJECT NO. M0047 FY 2020/21 FUND BALANCE ALLOCATION: Fund Title Fund-Account Number Amount Road Maintenance and Rehabilitation 2416-000-00000-33990 $ 74,011.00 Local Transit Article 8A 2412-000-00000-33900 $ (74,011.00) Total $ - EXPENDITURE APPROPRIATION: Account Number Current Budget Revision Amended Budget 2416-311-M004 7-55200 $ 1,200,000.00 $ 74,011.00 $ 1,274,011.00 2412-311-M004 7-55200 $ 600,000.00 $ (74,011.00) $ 525,989.00 Total $ 1,800,000.00 $ -$ 1,800,000.00 Resolution No . 2021 -4010 Page4 STATE OF CALIFORNIA COUNTY OF VENTURA CITY OF MOORPARK ss. I, Ky Spangler, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2021-4010 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 2nd day of June, 2021, and that the same was adopted by the following vote: AYES: NOES: ABSENT: ABSTAIN: Councilmembers Castro, Enegren, Groff, Pollock, and Mayor Parvin None None None WITNESS my hand and the official seal of said City this 2nd day of June, 2021. (seal)