HomeMy WebLinkAboutRES CC 2023 4171 2023 0419 RESOLUTION NO. 2023-4171
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL
YEAR 2022/23 BUDGET TO APPROPRIATE $55,000
FROM THE CITY AFFORDABLE HOUSING FUND (2121)
FOR THE DEVELOPMENT OF A HOUSING PROGRAM
NEXUS STUDY AND ADOPTION OF INCLUSIONARY
HOUSING IN-LIEU FEE
WHEREAS, on June 15, 2022, the City Council adopted the Operating and
Capital Improvement Budget for fiscal year 2022/23; and
WHEREAS, a staff report has been presented to City Council requesting a
budget amendment in the amount of $55,000 from the City Affordable Housing Fund
(2121) for professional services of an inclusionary housing in-lieu fee nexus study and
ordinance.
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 of $55,000 from City Affordable Housing
Fund (2121) for professional services of an inclusionary housing in-lieu fee nexus study
and ordinance, 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 19th day of April, 2023.
Chris R. Enegr "n;- ayor
ATTEST:
410.- s
Ky Spa g e , Cit erk {. siVe
Attachment: Exhibit A — Budget Amendment
Resolution No. 2023-4171
Page 2
EXHIBIT A
BUDGET AMENDMENT FOR
CITY AFFORDABLE HOUSING FUND (2121)
DEVELOPMENT OF A HOUSING PROGRAM NEXUS STUDY AND ADOPTION OF
INCLUSIONARY HOUSING IN-LIEU FEE
FY 2022/23
FUND BALANCE ALLOCATION:
Fund Title Fund Account Number Amount
CITY AFFORDABLE HOUSING 2121-000-00000-33990 $ 55,000.00
Total $ 55,000.00
EXPENDITURE APPROPRIATION:
Account Number Current Budget Revision Amended Budget
2121-422-00000-51000 $ 24,095.40 $ 55,000.00 $ 79,095.40
0
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Total $ 24,095.40 $ 55,000.00 $ 79,095.40
•
Resolution No. 2023-4171
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. 2023-4171 was adopted by
the City Council of the City of Moorpark at a regular meeting held on the 19th day of
April, 2023, and that the same was adopted by the following vote:
AYES: Councilmembers Castro, Delgado, Groff, Means and Mayor Enegren
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 20th day of April, 2023.
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Ky Sp ler, C' y lerk
(seal)
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