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HomeMy WebLinkAboutRES CC 2004 2195 2004 0519RESOLUTION NO. 2004 -2195 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2003/2004 BUDGET BY ALLOCATING $88,100 FROM THE CITY HOUSING FUND FOR THE CALHOME LOAN PROGRAM AND RELATED ADMINISTRATION COSTS WHEREAS, on June 18, 2003, the City Council adopted the budget for Fiscal Year 2003/2004; and WHEREAS, On June 28, 2001, the City was awarded $420,000 by the State Department of Housing and Community Development (HCD) for mobile home rehabilitation loans under the CalHome Mobile Home Rehabilitation Program; and WHEREAS, a budget amendment is required to fully fund these CalHome Program loans. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That a budget amendment in the amount of $88,100 in City Housing funds, as 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 certified resolution to be filed in the book of original Resolutions. PASSED AND ADOPTED this 19th c ATTEST: Deborah S. Traffenste t, City Clerk Attachment: Exhibit A Resolution No. 2004 -2195 Page 2 EXHIBIT A BUDGET AMENDMENT FOR CITY HOUSING FUND FISCAL YEAR 2003 -04 FUND ALLOCATION FROM: Fund Account Number Amount City Housing Fund 2201 -5500 88,100.00 58,100.00 322, 247.00 2201.2430.2004.9283 Total 30,000.00 88,100.00 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget 2201.2430.2004.9282 264,147.00 58,100.00 322, 247.00 2201.2430.2004.9283 $ - 30,000.00 30,000.00 Total 1 264,147.00 1 88,100.00 352,247.00 Resolution No. 2004 -2195 Page 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. 2004 -2195 adopted by the City Council of the City of Moorpark at a regular meeting held on the 19th of May, 2004, 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 2nd day of June, 2004. Deborah S. Traffensted City Clerk (seal)