HomeMy WebLinkAboutRES CC 2021 4047 2021 1011RESOLUTION NO. 2021-4047
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2021/22 BUDGET BY APPROPRIATING $5,750,000 FROM THE
SPECIAL PROJECTS FUND (3004) TO FUND ACQUISITION OF
323 SCIENCE DRIVE
WHEREAS, on June 16, 2021, the City Council adopted the Operating and Capital
Improvement Projects budget for Fiscal Year (FY) 2021/22; and
WHEREAS, over the years, there have been many discussions about building
and/or acquiring a new City Hall. For this endeavor, a dedicated fund, capital
improvement project number, various funding sources to assist with funding, and some
budget appropriations were established. However, for this current acquisition, only the
City Hall Improvement Fund (3001) and Special Projects Fund (3004) will be utilized as
funding sources, and
WHEREAS, a staff report has been presented to the City Council requesting a
budget amendment in the amount of $5,750,000 from the Special Projects Fund (3004)
to fund the acquisition of 323 Science Drive to serve as a City Hall housing municipal
operations; 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 $5,750,000 from the Special
Projects Fund (3004), 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 11th day of October, 2021.
ATTEST:
Ky Spangler, City Clerk
Attachment: Exhibit A — Budget Amendment
�*ice S. Parvin, Mayor
Resolution No. 2021-4047
Page 2
EXHIBIT A
BUDGET AMENDMENT FOR
CITY HALL IMPROVEMENT FUND (3001)
FOR ACQUISITION OF 323 SCIENCE DRIVE
FOR USE AS CITY HALL
FY 2021/22
FUND BALANCE ALLOCATION:
Fund Title Fund -Account Number Amount
SPECIAL PROJECTS FUND 3004-000-00000-33990 $ 5,750,000.00
CITY HALL IMPROVEMENT FUND 3001-000-00000-33990 $ 5,750,000.00
Total $ _
TRANSFER ALLOCATION:
Account Number Current Budget Revision Amended Budget
3004-000-00000-59010 $ - $ 5,750,000.00 $ 5,750,000.00
3001-000-00000-49010 1 - $ 5,750,000.00 $ 5,750,000.00
Total $ - $ - $ _
EXPENDITURE APPROPRIATION:
Account Number
Current Budget
Revision
Amended Budget
3001-120-00012-55210
$ 1,468,813.90 $
1
5,750,000.00
$ 7,218,813.90
Total
$ 1,468,813.90 $
5,750,000.00
$ 7,218,813.90
Resolution No. 2021-4047
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. 2021-4047 was adopted by
the City Council of the City of Moorpark at a special meeting held on the 11th day of
October, 2021, 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
2021.
WITNESS my hand and the official seal of said City this 11th day of October,
P� c
e �
o Ky Spangler, City Clerk
x� (seal)
o
9grED �