HomeMy WebLinkAboutRES CC 2003 2135 2003 1015RESOLUTION NO. 2003 -2135
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2003/04 BUDGET BY REALLOCATING $40,000 FROM CITY
REHABILITATION LOANS TO CITY REHABILITATION LOAN
COSTS ($23,259.16) AND REIMBURSING $16,740.84 TO
HOUSING SETASIDE FUND
WHEREAS, on June 18, 2003, the City Council adopted the
budget for Fiscal Year 2003/04; and
WHEREAS, at a duly noticed City Council meeting on October
15, 2003, a staff report was presented to said Council, requesting
a budget amendment transferring $23,259.16 from the City Housing
Fund Rehabilitation Loans to Rehabilitation Loan Costs and
$16,740.84 from City Housing Fund Rehabilitation Loans to Housing
Setaside Funds; and
WHEREAS, Exhibit "A" hereof describes said budget amendment
and its resultant impacts to the budget line item(s).
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES
HEREBY RESOLVE AS FOLLOWS:
SECTION 1. A budget amendment transferring $23,259.16 from
the City Housing Fund Rehabilitation Loans to Rehabilitation Loan
Costs and $16,740.84 from City Housing Fund Rehabilitation Loans
to Housing Setaside Funds as more particularly described in
Exhibit "A" attached hereto is hereby approved.
SECTION 2. The City Clerk shall certify to the adoption of
this resolution and shall cause a c ied resolution to be filed
in the book of original Resolutio s. N A /I
PASSED AND ADOPTED this 151" day of 04tober,/ 20PB .
ATTEST:
•-1 S. eve
Deborah S. Traffenst
Attachment: Exhibit A
City Clerk
Resolution No. 2003 -2135
Page 2
EXHIBIT A
BUDGET AMENDMENT FOR
CITY HOUSING FUND
FY 2003 -04
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number
Current Budget
Revision
Revision
Amended Budget
2201 - 2430 - 2004 -9820
$ -
$
16,740.84
$
1 6,740.84
2201 - 2430 - 2004 -9282
$ 100,000.00
$
23,259.16
$
76,740.84
2201 - 2430 - 0000 -9283
$ 800.00
$
23,259.16
$
24,059.16
Total
$ 100,800.00
$
16,740.84
$
117,540.84
DISTRIBUTION OF APPROPRIATION TO REVENUE ACCOUNTS:
Account Number
Current Budget
Revision
Amended Budget
2901 -3720
$ -
$ 16,740.84
$ 16,740.84
Total
$ -
$ 16,740.84
$ 16,740.84
Resolution No. 2003 -2135
Page No. 3
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. 2003 -2135 was adopted by the
City Council of the City of Moorpark at a regular meeting held on
the 15th day of October, 2003, and that the same was adopted by
the following vote:
AYES: Councilmembers Harper, Mikos, Millhouse, Parvin and
Mayor Hunter
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 31st
day of October, 2003.
S.
Deborah S. Traffenstedty City Clerk
(seal)
I