HomeMy WebLinkAboutRES CC 1999 1682 1999 1201RESOLUTION NO. 99 -1682
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 (FUND 2502)] AND APPROVING AN INCREASE
TO THE INTER -FUND LOAN FROM THE LOS
ANGELES AVENUE AOC FUND (FUND 2501) TO THE
SPRING ROAD / TIERRA REJADA ROAD AOC FUND
(FUND 2501)
WHEREAS, on June 23, 1999, the City Council adopted the
Budget for Fiscal Year 1999/00; and
WHEREAS, a staff report has been presented to the City
Council requesting a budget increase in the aggregate amount
of $352,863; 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).
WHEREAS, Exhibit "B," attached hereto and made a part
hereof, describes an increase to the inter -fund loan required
to fully fund this project.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK,
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. That a Budget amendment in the aggregate
increase of $352,863, as more particularly described in
Exhibit "A," is hereby approved.
SECTION 2. That an increase to the inter -fund loan from
the Los Angeles Avenue AOC Fund (Fund 2501) to the Spring Road
/ Tierra Rejada Road AOC Fund (Fund 2502) in the amount of
$352,863, as more particularly described in Exhibit "B," is
hereby approved.
Resolution No. 99 -1682
Page 2
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 ist day of December, 1999.
ATTEST:
Deborah S. Traffenst , City Clerk
Attachments:
Exhibit W: Appropriation and Budget Detail
Exhibit 'B': Inter -Fund Loan
Resolution No. 99 -1682
Page 3
Exhibit "A"
ADDITIONAL APPROPRIATIONS FOR
Project 8015 (Spring road Bridge Reconstruction Project)
FUND
ACCOUNT NUMBER
APPROPRIATION REQUEST
Spring Road / Tierra Rejada
Road AOC Fund
2502.0000.0000.5500
$352,863
TOTALS:
$ 352,863
$352,863
DISTRIBUTION OF APPROPRIATIONS TO EXPENSE ACCOUNT NUMBERS
ACCOUNT NUMBER
CURRENT
FY 1999/2000
APPROPRIATION
SUBJECT
APPROPRIATION
/ (REDUCTION)
REVISED
APPROPRIATION
2502.8310.8015.9640:
Construction
$ 0
$ 352,863
$ 352,863
TOTALS:
$ 0
$ 352,863
$ 352,863
Resolution No. 99 -1682
Page 4
Exhibit "B"
INTER -FUND LOAN
Lending Fund
FUND ACCOUNT NUMBER
Current
Additional
Revised
Loan Amount
Loan Amount
Loan Amount
Addition /
(Reduction)
2501: Los Angeles Avenue AOC
1,322,242
352,863
1,675,105
Borrowing Fund
FUND ACCOUNT NUMBER
Current
Additional
Revised
Loan Amount
Loan Amount
Loan Amount
Addition /
(Reduction)
2502: Los Angeles Avenue AOC
1,322,242
352,863
1,675,105
Resolution No. 99 -1682
Page 5
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 -1682 was adopted
by the City Council of the City of Moorpark at a meeting held
on the 1St day of December, 1999, and that the same was
adopted by the following vote:
AYES: Councilmembers Harper, Rodgers, Wozniak and
Mayor Hunter
NOES: Councilmember Evans
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this
8th day of December, 1999.
G.
Deborah S. Traffenste , City Clerk
- ( seal)