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HomeMy WebLinkAboutRES CC 1997 1420 1997 1217RESOLUTION NUMBER 97 -1420 RESOLUTION OF THE CITY COUNCIL OF THE CITY OF -- MOORPARK AMENDING THE FY 97/98 BUDGET FOR EXPENSES RELATED TO THE CONCEPTUAL DESIGN OF ARROYO VISTA COMMUNITY PARK PHASE II IN THE AMOUNT OF $3,000 AND RECOGNIZING AN INTER -FUND LOAN OF $3,000 FROM THE GENERAL FUND (100) TO THE PARK IMPROVEMENT FUND (212) - COMMUNITY PARK ZONE. WHEREAS, on June 18, 1997, the City Council adopted the Budget for Fiscal year 1997/98; and WHEREAS, City Council previously allocated $10,000 from the General Fund which went unspent and was returned to the General Fund balance at the end of FY 1996/97 fer the AVCP Phase II conceptual design; WHEREAS, on May 7, 1997, the City Council indicated its intend to proceed with said project and directed staff to solicit qualified bids from landscape architects; WHEREAS, staff has presented the Council with a report which requests an allocation of $3,000 to complete the topographical survey related to said project, 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 project 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 $3,000 as more particularly described in Exhibit "A" attached hereto is hereby approved; and, A loan in the amount of $3,000 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 ATTEST: Y p Lisa Pope Deputy City Clerk RECOGNITION OF INTER -FUND LOAN LENDING FUND Resolution 97 -1420 Exhibit "A" FUND NUMBER CURRENT LOAN ADDITIONAL REVISED LOAN AMOUNT PRINCIPAL AMOUNT INCREASE/ DECREASE 100 (General) $ 142,190.00 $3,000.00 $145,190.00 TOTAL $3,000.00 BORROWING FUND FUND NUMBER CURRENT LOAN ADDITIONAL REVISED LOAN AMOUNT PRINCIPAL AMOUNT INCREASE/ (DECREASE) 212 (Park Improvement) $452,190.00 $3,000.00 $455,190.00 TOTAL $3,000.00 Resolution 97 -1420 Exhibit "B" SUMMARY OF TRANSFERS IN/(OUT) BY FUND ACCOUNT CURRENT SUPPLEMENTAL REVISED NUMBER TRANSFER TRANSFER TRANSFER IN /(OUT) IN /(OUT) IN /(OUT) 212.700.1027.000.9801 $0.00 $••3,000 $ -3,000 400.700.1027.802.9102 $0.00 $3,000 $3,000 NET TRANSFERS: $0.00 (Should be SO) SUPPLEMENTAL APPROPRIATIONS BY ACCOUNT NUMBER ACCOUNT CURRENT SUPPLEMENTAL REVISED NUMBER APPROPRIATION APPROPRIATION / APPROPRIATION (REDUCTION) 400.700.1027.802.9102 $0 $3,000 $3,000 TOTAL $3,000 A:1AV2DESG.AGD STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Lisa Pope, Deputy City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 97 -1420 was adopted by the City Council of the City of Moorpark at a meeting held on the 17"' day of December, 1997, and that the same was adopted by the following vote: AYES: Councilmembers Evans, Teasley, Wozniak and Mayor Hunter NOES: None ABSENT: Councilmember Perez ABSTAIN: None WITNESS my hand and the official sea] of said City this 19th day of December, 1997. - -. A:1AV2DESG.AGD yl-iex Lisa Pope Deputy City Clerk