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HomeMy WebLinkAboutRES CC 1997 1386 1997 0917RESOLUTION NUMBER 97- 1386 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK AMENDING THE FY 97/98 BUDGET FOR EXPENSES RELATED TO THE REMODEL OF ARROYO VISTA RECREATION CENTER IN THE AMOUNT OF $31,000 AND RECOGNIZING AN INTERFUND LOAN OF $31,000 FROM THE GENERAL FUND (FUND 100) TO THE PARK IMPROVEMENT FUND (FUND 212) WHEREAS, on June 18, 1997, the City Council adopted the Budget for Fiscal Year 1997/1998; and, WHEREAS, said budget included a $25,000 general fund appropriation for the remodel of Arroyo Vista Recreation Center; and, WHEREAS, staff has presented the Council with a report which requests an additional $6,000 to complete the remodel; and, WHEREAS, Exhibit "A" hereof describes said budget amendment and its resultant impacts to the budget line item(s); and, WHEREAS, the Council desires to fund the total remodel expenses from the Park Improvement Fund. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES RESOLVE AS FOLLOWS: A budget amendment in the amount of $31,000 as more particularly described in Exhibit "A' attached hereto is hereby approved; and, A loan in the amount of $31,000 from the General Fund (Fund 100) to the Park Improvement Fund (Fund 212) as more particularly described in Exhibit "B" attached hereto is hereby approved. PASSED, APPROVED AND ADOPTED this 17th day of September, 1997. Patrick H Mayor ATTEST: Lillian E. Hare City Clerk Resolution 97 - 1386 Exhibit "A" SUPPLEMENTAL APPROPRIATIONS BY ACCOUNT NUMBER ACCOUNT NUMBER CURRENT APPROPRIATION SUPPLEMENTAL APPROPRIATION/ REDUCTION REVISED APPROPRIATION 100.703.1025.000.9902 $0.00 $24,000.00 $24,000.00 100.703.1025.000.9905 $0.00 $3,500.00 $3,500.00 100.703.1025.000.9908 $0.00 $3,000.00 $3,000.00 100.703.1025.000.9222 $0.00 $500.00 $500.00 TOTALS: 1 $31,000.00 RECOGNITION OF INTER -FUND LOAN LENDING FUND Resolution 97 -1386 Exhibit "B" FUND CURRENT ADDITIONAL REVISED LOAN NUMBER LOAN PRINCIPAL AMOUNT AMOUNT INCREASE/ DECREASE 100 (General) $111,190.00 $31,000.00 $142,190.00 TOTALS: $31,000.00 BORROWING FUND FUND CURRENT ADDITIONAL REVISED LOAN NUMBER LOAN PRINCIPAL AMOUNT AMOUNT* INCREASE/ DECREASE 212 (Park $421,190.00 $31,000.00 $452,190.00 Improvement) TOTALS: $31,000.00 * The Current Loan Amount consists of those transactions approved by Council Resolution 97 -1278: $310,000 from the PIF, plus $111,190 from the General Fund. Minutes of the City Council Moorpark, California Page 7 September 17, 1997 D. Consider Resolution No. 97 -1386, Amending the FY 1997/98 Budget Allocating Additional Funds for the Arroyo Vista Recreation Center Office Remodel Project. Staff Recommendation: Adopt Resolution No. 97 -1386 amending the FY 1997/98 budget appropriating $6,000 from the City's General Fund to the Community Services Facilities budget for the purchases identified in the staff report. (ROLL CALL VOTE REQUIRED) Ms. Lindley gave the staff report. In response to Mayor Hunter, Mr. Kueny suggested that the original appropriation for the project could be discussed by the Budget and Finance Committee to consider a loan from the General Fund to the Park Improvement Fund rather than funding it from the General Fund. CONSENSUS: By consensus the Council determined to concur with the suggestion by the City Manager above. MOTION: Councilmember Perez moved and Mayor Hunter seconded a motion to approve Resolution 97 -1386 as per the supplemental report dated September 16, 1997. The motion carried by unanimous roll call vote. MOORPARK 799 Moorpark .Aver --- V- ,- ),park, California 93021 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) SS. CITY OF MOORPARK ) (805) 529 -686 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- 1366 was adopted by the City Council of the City of Moorpark at a meeting held on the 17 day of Septemhpr , 1997, and that the same was adopted by the following vote: AYES:Councilmembers Evans, Perez, Teasley, Wozniak and Mayor Hunter NOES: ABSENT: ABSTAIN: WITNESS my hand and the official seal of said City this 22 day of September 1 , 1997•