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HomeMy WebLinkAboutRES CC 2024 4289 2024 1218 RESOLUTION NO. 2024-4289 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2024/25 BUDGET TO RECEIVE $200,000 IN SENATE BILL 125 (SB 125) FUNDS DISBURSED AND ADMINISTERED BY VENTURA COUNTY TRANSPORTATION COMMISSION (VCTC) WHEREAS, on June 19, 2024, the City Council adopted the Operating and Capital Improvement Budget for Fiscal Year (FY) 2024/25; and WHEREAS, a staff report has been presented to City Council requesting a budget amendment in the amount of$200,000 from Senate Bill 125 (SB 125) Transit and Intercity Rail Capital Program and Zero Emission Transit Capital Program (TIRCP and ZETCP) Funds that the Ventura County Transportation Commission (VCTC) will be disbursing and administering to the City of Moorpark to help fund the construction of Battery Electric Charging Infrastructure (BECI) for its future fleet of electric buses; and WHEREAS, Ventura County Transportation Commission (VCTC) received authorization to disburse and administer $200,000 in funds to the City of Moorpark for the construction, equipment acquisition, and installation of battery electric charging infrastructure projects; and WHEREAS, the City intends to use the funds for the installation of battery electric charging infrastructure at the City of Thousand Oaks' Municipal Services Center; and WHEREAS, an amendment to the FY 2024/25 Operating and Capital Improvement Budget is required to provide for the receipt of SB 125 TIRCP and ZETCP Funds and disbursement to the appropriate account. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget amendment allocating $200,000 for receipt of SB 125 TIRCP and ZETCP funds to account 2409-000-G0033-46350, 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 18th day of December, 2024. Chris R. Ene ren, Mayor PQ°�a, '�4��� ATTEST: oo� 0� :rai4 . 4- Ky Sp g e , Ci Clerk - , 07 Exhibit "A" — Budget Amendment '•,4,� Resolution No. 2024-4289 Page 2 EXHIBIT A BUDGET AMENDMENT FOR Senate Bill 125 Program Funding FY 2024/2025 FUND BALANCE ALLOCATION: Fund Title Unassigned Fund BaI Revision Amended Balance FEDERAL&STATE GRANTS(2409) $ 231,490.60 $ 200,000.00 $ 431,490.60 Total $ 431,490.60 REVENUE APPROPRIATION: Account Number Current Budget Revision Amended Budget 2409-000-G0033-46350 $ (200,000.00) $ (200,000.00) $ (400,000.00) $ - $ - $ - $ - $ - $ $ - $ - $ Total $ (200,000.00) $ (200,000.00) $ (400,000.00) Resolution No. 2024-4289 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. 2024-4289 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 18th day of December, 2024, and that the same was adopted by the following vote: AYES: Councilmembers Barrett, Castro, Delgado, Means and Mayor Enegren NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 19th day of December, 2024. Ky Sp gler, CI Clerk (seal) iiirAWIr,A;4111112,x,„ 4111.*0 /