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HomeMy WebLinkAboutRES CC 1997 1286-B 1997 0219RESOLUTION NO. 97 - 1286 -B A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AUTHORIZING A BUDGET AMENDMENT TO THE FISCAL YEAR 1996/97 ADOPTED BUDGET FOR THE ARROYO VISTA PARK ACCESS ROAD / BIKE PATH PROJECT [PROJECT NO. 80031 FOR THE TRAFFIC SYSTEM MANAGEMENT FUND [FUND 2011, THE LOS ANGELES AVENUE AOC ACCOUNT [ACCOUNT NO. 211.9011 AND THE PARK IMPROVEMENT FUND [ FUND 2121 WHEREAS, on June 19, 19%, the City Council adopted the Budget for Fiscal Year 1996/97; and, WHEREAS, a staff report has been presented to the City Council requesting a budget amendment for the Arroyo Vista Community Park Access Road / Bike Path Project to decrease the aggregate amount $26,000; and, WHEREAS, Exhibit "A," attached hereto and made a part hereof, describes said budget amendment and its resultant impacts to the budget line item(s) for the project and projected year end fund balance(s) for the Traffic System Management Fund [Fund 2011, the Los Angeles Avenue AOC Account [Account No. 211.9011 and the Park Improvement Fund [Fund 212] . NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That a Budget amendment in the amount of ($26,000) to the funding sources described in Exhibit "A," is hereby approved. SECTION 2. That a change in the amount of an interfund loan, in the amount of $(20,000), from Fund 100 to Fund 212, as described in Exhibit "B," is hereby approved. N PASSED AND ADOPTED this 19th clay c f February, 1 ATTEST D: City Clerk , City of Resolution No. 97 - 1286 -B Exhibit "A " SUPPLEMENTAL APPROPRIATIONS BY ACCOUNT NUMBER ACCOUNT CURRENT SUBJECT REVISED NUMBER APPROPRIATION APPROPRIATION APPROPRIATION 211.901: L A AOC $4,018,525 / (REDUCTION) ** $4,034,525 Traffic System $130,000-00 $10,000.000 $140,000.00 Management $(26,000) 201.801.8003.000.9903 Los Angeles Avenue $16,000.00 $(16,000.00) 0.00 AOC 211.901.8003.000.9903 Park Improvement $100,000.00 $(20,000.00) $80,000.00 212.801.8003.804.9903 TOTALS: $246,000.00 $(26,000.00) $220,000.00 EFFECT OF PROPOSED SUPPLEMENTAL APPROPRIATIONS TO FUND BALANCES FUND / ACCOUNT CURRENT PROJECTED FY 96/97 YEAR END BALANCE SUPPLEMENTAL APPROPRIATION REVISED PROJECTED FY %/97 YEAR END BALANCE 201: Traf Sys Mngmnt $874,020 $10,000 $864,020 211.901: L A AOC $4,018,525 $(16,000) ** $4,034,525 212: Park Impr $507,870 $(20,000) $527,870 TOTALS : $(26,000) Note: ** Account No. 211.901 (L A Ave. AOC) Fund Balance includes $1,997,526 in accounts receivables, Resolution No. 97 - 12-8 6 - B Exhibit B" RECOGNITION OF INTER -FUND LOAN LENDING FUND FUND CURRENT ADDITIONAL REVISED NUMBER LOAN AMOUNT PRINCIPAL LOAN AMOUNT INCREASE/ DECREASE 100 (General) $100,000.00 $(20,000.00) $80,000.00 TOTALS: $(20,000.00) BORROWING FUND FUND CURRENT ADDITIONAL REVISED NUMBER LOAN AMOUNT PRINCIPAL LOAN AMOUNT INCREASE/ DECREASE 212 $100,000 $(20,000) $120,000 (Park Improvement) TOTALS: $(20,000) Note: Original $100,000 loan was approved via Resolution No. 96 -1207 (the Budget adoption Resolution) on June 19, 1996 � MOORPARK 1 799 Moorpark Avenue Moorpark, California 93021 (805) 529 -6864 STATE OF CALIFORNIA ) COUNTY OF VENTURA CITY OF MOORPARK ) I, Lillian E. Hare, City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 97- 1286 -B was adopted by the City Council of the City of Moorpark at a meeting held on the 19th day of FEBRUARY 1997, and that the same was adopted by the following vote: AYES: COUNCILMEMBERS EVANS, PEREZ, RODGERS TEASLEY, WOZNIAK AND MAYOR HUNTER NOES: NONE ABSENT: NONE ABSTAIN: NONE WITNESS my hand and the official. seal of said City this 27th day of FEBRUARY , 1997. �t Lillian E. Hare, CMC City Clerk PATRICK HUNTER BERNARDO M. PEREZ CHRISTOPHER EVANS DEBBIE RODGERS TEASLEY JOHN E. WOZNIAK Mayor Mayor Pro Tem Councilmember Councilmember Councilmember