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HomeMy WebLinkAboutRES CC 2021 4046 2021 1006RESOLUTION NO. 2021-4046 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2021/22 BUDGET BY APPROPRIATING $711,446.73 FROM THE LOS ANGELES AVENUE AREA OF CONTRIBUTION FUND (2014) TO FUND ACQUISITION OF 240 LOS ANGELES AVENUE WHEREAS, on June 16, 2021 the City Council adopted the Operating and Capital Improvement Projects budget for Fiscal Year (FY) 2021/22; and WHEREAS, a staff report has been presented to the City Council requesting a budget amendment in the amount of $711,446.73 from the Los Angeles Avenue Area of Contribution (AOC) Fund (2014) to fund the acquisition of 240 Los Angeles Avenue for road widening purposes; 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 $711,446.73 from the Los Angeles Avenue AOC Fund (2014), 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 6th day of October, 2021. ATTEST: Ky Spangler, City Clerk Exhibit A -Budget Amendment Resolution No. 2021-4046 Page 2 EXHIBIT A BUDGET AMENDMENT FOR LOS ANGELES AVENUE AOC FUND (2014) ACQUISTION OF 240 LOS ANGELES AVENUE ROAD WIDENING MOORPARK AVENUE TO SPRING ROAD FY 2021/22 FUND BALANCE ALLOCATION: Fund Title Fund-Account Number Amount LOS ANGELES AVENUE AOC 2014-000-00000-33990 $ 711,446.73 Total $ 711,446.73 EXPENDITURE APPROPRIATION: Account Number Current Budget Revision Amended Budget 2014-311-C0021-55100 $ 98,553.27 $ 711,446.73 $ 810,000.00 $ -$ -$ - $ -$ -$ - Total $ 98,553.27 $ 711,446.73 $ 810,000.00 Resolution No. 2021-4046 Page 3 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. 2021-4046 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 6th day of October, 2021, and that the same was adopted by the following vote : AYES: NOES: ABSENT: ABSTAIN : Councilmembers Castro , Enegren , Pollock, and Mayor Parvin None Councilmember Groff None WITNESS my hand and the official seal of said City this 6th day of October, 2021. \ ~~ ~o ~AT·e_g __ .. Ky Spangler, City Clerk (seal)