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HomeMy WebLinkAboutRES CC 2024 4220 2024 0103 RESOLUTION NO. 2024-4220 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2023/24 BUDGET TO APPROPRIATE $600,000 FROM THE CITYWIDE TRAFFIC MITIGATION FUND (2002) FOR THE PRINCETON AVENUE IMPROVEMENT PROJECT (C0020) WHEREAS, on February 16, 2022, the City Council adopted Resolution No. 2022- 4075, amending Fiscal Year (FY) 2021/22 Budget to fund the Princeton Avenue Improvement Project (C0020) with a total project budget of $18,304,969; and WHEREAS, City Council Resolution No. 2022-4075 appropriated funds from the Citywide Traffic Mitigation Fund (2002) to the Princeton Avenue Improvement Project; and WHEREAS, on June 21, 2023, the City Council adopted the Operating Capital Improvement Budget for FY 2023/24; and WHEREAS, on January 3, 2024, City staff presented to the City Council a staff report requesting approval of a budget amendment of$600,000 from the Citywide Traffic Mitigation Fund (2002) to fund and augment Construction Management and Inspection Services for the Princeton Avenue Improvement Project (C0020); and WHEREAS, Exhibit A hereof appropriately describes the above budget amendment; and NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A Budget Amendment to appropriate $600,000 from the Citywide Traffic Mitigation Fund (2002), 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 3rd day of January, 2024. Chris R. Enegre VI yor ATTEST: p0a� c it*Illirporr....:\o0" `,4z K San r, it C� 2-2I ' , Y p Y , Exhibit A — Budget Amendmentow- 4 � �' 0 Resolution No. 2024-4220 Page 2 EXHIBIT A BUDGET AMENDMENT FOR CITYWIDE TRAFFIC MITIGATION FUNDS ALLOCATION FY 2023/2024 FUND BALANCE ALLOCATION: Fund Title Fund-Account Number Amount CITYWIDE TRAFFIC MITIGATION FUND 2002-000-00000-33990 $ 15,897,910.58 Total $ 15,897,910.58 EXPENDITURE APPROPRIATION: Account Number Current Budget Revision Amended Budget 2002-311-00020-55300 $ 511,784.51 $ 600,000.00 $ 1,111,784.51 Total $ 511,784.51 $ 600,000.00 $ 1,111,784.51 Resolution No. 2024-4220 Page 3 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) CERTIFICATION I, Ky Spangler, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2024-4220 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 3rd day of January, 2024, 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 4th day of January, 2024. Ky Span ler, Cit lerk (seal) Q x 00Q400011.�9<, c-t 9 Resolution No. 2024-4220 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. 2024-4220 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 3rd day of January, 2024, 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 4th day of January, 2024. I Ky Sp n le , Cil Clerk (seal) �41 TKO N!4-{ 'juo ' 41111