HomeMy WebLinkAboutRES CC 1999 1571 1999 0203RESOLUTION NO. 99 -1571
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MOORPARK, CALIFORNIA, REVISING THE AMOUNT
OF THE APPROPRIATIONS AND BUDGET FOR THE
SPRING ROAD BRIDGE REPLACEMENT PROJECT [SPRING
ROAD / TIERRA REJADA ROAD AOC (ACC. 211.900)
AND FEDERAL GRANTS (FUND 244)] AND APPROVING
AN INTER -FUND LOAN FROM THE LOS ANGELES AVENUE
AOC FUND (ACC. 211.901) TO THE SPRING ROAD /
TIERRA REJADA ROAD AOC ACCOUNT (Acc. 211.900)
WHEREAS, on July 17, 1998, the City Council adopted the Budget
for Fiscal Year 1998/99; and,
WHEREAS, a staff report has been presented to the City Council
requesting a budget increase in the aggregate amount of $2,657,042;
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); and,
WHEREAS, Exhibit "B," attached hereto and made a part hereof,
describes an inter -fund loan required to fully fund this project.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK,
CALIFORNIA, DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1: That a Budget amendment in the aggregate increase
of $2,657,042, as more particularly described in Exhibit "A," is
hereby approved.
SECTION 2: That an inter -fund loan from the Los Angeles Avenue
AOC Fund (Account #211.901) to the Spring Road / Tierra Rejada Road
AOC Fund (Account #210.900) in the amount of $1,322,242, as more
particularly described in Exhibit "B," is hereby approved.
SECTION 3: 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
ATTEST:
"Dj�
Deborah S. Traffen dt, City
Resolution No. 99 -1571
Page 2
Exhibit A
ADJUSTED APPROPRIATIONS FOR
Project 8017 (Spring Road Bridge Reconstruction)
FUND
ACCOUNT NUMBER
APPROPRIATION
TO ACCOUNT NUMBER
REVISED
APPROPRIATION
REQUEST
TRANSFER
Spring Road / Tierra
211.900.0000.000.5100
$2,252,242
400.801.8017.000.3992
Rejada Road AOC Fund
IN / (OUT)
IN / (OUT)
Spring Road /
Reserve
$(102,625)
$(2,252,242)
$(2,354,867)
Federal Grants
244.000.0000.000.5100
$404,800
400.801.8017.000.3992
TOTALS:
Federal
$2,657,042
$0
SUMMARY OF TRANSFERS IN / (OUT) BY FUND
FUND
ACCOUNT NUMBER
CURRENT
SUPPLEMENTAL
REVISED
APPROPRIATION
( All to be applied to
TRANSFER
TRANSFER
TRANSFER
/ (REDUCTION)
#400.801.8017.xxx.xxxx
IN / (OUT)
IN / (OUT)
IN / (OUT)
Spring Road /
211.900.8017.000.9801
$(102,625)
$(2,252,242)
$(2,354,867)
T. R. Rd. AOC
Construction Engineering
Federal
244.801.8017.000.9801
$0
$(404,800)
$(404,800)
Grants
TOTALS:
$102,625
$2,657,042
Total
$ (102, 625)
$ (2, 657, 042)
$(2,759,6
DISTRIBUTION OF APPROPRIATIONS TO EXPENSE ACCOUNT NUMBERS
ACCOUNT NUMBER
CURRENT
SUBJECT
REVISED
APPROPRIATION
APPROPRIATION
APPROPRIATION
/ (REDUCTION)
Design:
400.801.8017.802.9102
$102,625
$(73,125)
$29,500
Construction:
$0
$2,587,667
$2,587,667
400.801.8017.804.9903
Construction Engineering
$0
$142,500
$142,500
400.801.8017.808.9102
TOTALS:
$102,625
$2,657,042
$2,759,667
Resolution No. 99 -1571
Page 3
Exhibit B
INTER -FUND LOAN
Lending Fund
Fund Account Number
Current
Additional
Revised
Loan Amount
Loan Amount
Loan Amount
Addition /
(Reduction)
211.901 (L. A. Ave.
$0
$1,322,242
$1,332,242
AOC Fund)
Borrowing Fund
Fund Number
Current
Additional
Revised
Loan Amount
Loan Amount
Loan Amount
Addition /
(Reduction)
211.900 (Spring Rd /
$0
$1,332,242
$1,332,242
Tierra Rejada Rd AOC)
Resolution No. 99 -1571
Page 4
STATE OF CALIFORNIA )
COUNTY OF VENTURA )
CITY OF MOORPARK )
ss.
I, Deborah S. Traffenstedt, City Clerk of the City of Moorpark,
California, do hereby certify under penalty of perjury that the
foregoing Resolution No. 99 -1571 was adopted by the City Council of the
City of Moorpark at a meeting held on the 3rd day of February, 1999,
and that the same was adopted by the following vote:
AYES: Councilmembers Evans, Harper,
Hunter
NOES: None
ABSENT: None
ABSTAIN: None
Rodgers, Wozniak and Mayor
WITNESS my hand and the official seal of said City this 10th day
of February, 1999.
Deborah S. Tra enstdtlt, City Clerk
(seal)