HomeMy WebLinkAboutRES CC 1998 1427 1998 0121RESOLUTION NUMBER 98 -1427
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK
AMENDING THE FY 1997/98 BUDGET FOR EXPENSES RELATED TO
THE CONSTRUCTION OF A FENCE AT ARROYO VISTA COMMUNITY
PARK IN THE AMOUNT OF $7,000 FROM THE PARK IMPROVEMENT
BUDGET, COMMUNITY PARK ZONE (212) AND AUTHORIZING AN
INTER -FUND LOAN OF $7,000 FROM THE GENERAL FUND (FUND 100)
TO THE PARK Fv1PROVEMENT FUND (FUND 212).
WHEREAS, on June 18, 1997, the City Council adopted the Budget for Fiscal Year
1997/98; and,
WHEREAS, said budget included a $7,000 General Fund loan to the Park Improvement
Fund to construct a fence along the south side of the AVCP access road; and,
WHEREAS, staff has presented the Council with a report requesting a transfer from the
Park Improvement Fund (212) to the Capital Improvement Fund (400) to complete the fence
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 fence from the Park Improvement Fund
(212).
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES
RESOLVE AS FOLLOWS:
A budget amendment in the amount of $7,000 as more particularly described in Exhibit
"A" attached hereto is hereby approved; and,
A loan in the amount of $7,000 from the General Fund (Fund 100) to the Park
Improvement Fund - Community Zone (212) as more particularly described in Exhibit "A'
attached hereto is hereby approved.
PASSED, APPROVED AND ADOPTED this 21st d '40 January, 9 .
Hunter,
ATTEST:
Deborah S. Traffenstediftity Clerk
Resolution No. 98 -1427
Page 2
Exhibit "A"
RECOGNITION OF INTER -FUND LOAN
Lr,1V tjnN 11 r V PLL/
LENDING FUND
NUMBER
CURRENT LOAN
AMOUNT
ADDITIONAL
PRINCIPAL
INCREASE /(DECREAS
REVISED LOAN
AMOUNT
NUMBER
APPROPRIATION
E)
APPROPRIATION
100 (G.F.)
$318,190.00
$7,000.00
$325,190.00
400.801.8002.804.99
$168,836.85
$7,000.00
$175,836.85
TOTALS:
$7,000.00
r„ � nTV%
tS VKtLV W 11V U r u 1411
FUND
NUMBER
CURRENT LOAN
AMOUNT
ADDITIONAL
PRINCIPAL
INCREASE /(DECREAS
REVISED LOAN
AMOUNT
NUMBER
APPROPRIATION
E)
APPROPRIATION
212 (P.I.F.)
$628,190.00
$7,000.00
$635,190.00
400.801.8002.804.99
$168,836.85
$7,000.00
$175,836.85
TOTALS:
$7,000.00
SUPPLEMENTAL APPROPRIATIONS BY ACCOUNT NUMBER
ACCOUNT
CURRENT
SUPPLEMENTAL
REVISED
NUMBER
APPROPRIATION
APPROPRIATION /
APPROPRIATION
(REDUCTION
400.801.8002.804.99
$168,836.85
$7,000.00
$175,836.85
03
TOTALS:
$7,000.00
Resolution No. 98 -1427
Page 3
SUMMARY OF TRANSFERS IN/OUT BY FUND
ACCOUNT
CURRENT
SUPPLEMENTAL
REVISED
NUMBER
TRANSFER
TRANSFER
TRANSFER
IN/(OUT)
IN/(OUT)
IN/(OUT)
212.720.8002.000.98
$0.00
$(7,000.00)
$(7,000.00)
O1
400.801.8002.804.99
$18,000.00
$7,000.00
$25,000.00
03
NET TRANSFERS:
$0.00
Resolution No. 98 -1427
Page 4
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK )
I, Deborah S. Traffenstedt, City Clerk of the City of Moorpark, California, do hereby certify under
penalty of perjury that the foregoing Resolution No. 97 -1427 was adopted by the City Council of the
City of Moorpark at a meeting held on the 21 st day of January, 1998, and that the same was adopted
by the following vote:
AYES: Councilmembers Evans, Perez, Teasley, Wozniak and Mayor Hunter
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 23rd day of January, 1998.
1
S
Deborah S. Traffenstedt, rty Clerk
a� seal)