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HomeMy WebLinkAboutRES CC 2004 2256 2004 1020RESOLUTION NO. 2004 -2256 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2004/05 BUDGET BY APPROPRIATING $300,000 TO THE ENDOWMENT FUND REVENUE BUDGET ACCOUNT (2800 -3118) WHEREAS, on June 16, 2004, the City Council adopted the budget for Fiscal Year 2004/05; and WHEREAS, a staff report has been presented to said Council requesting a budget amendment for the receipt of $300,000 from Pardee Homes; and WHEREAS, Exhibit "A" hereof describes said necessary 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 appropriating $300,000 to the Endowment Fund Revenue budget, as more particularly described in Exhibit "A" attached hereto is hereby approved. SECTION 2. Staff is directed to take the necessary action to appropriate the $300,000 payment due to the City on July 1, 2005, to also be placed in the Endowment Fund. SECTION 3. The City Clerk shall- tify to the adoption of this resolution and shall cause a certi ied resolution to be filed in the book of original resolutions. PASSED AND ADOPTED this /20th day of October, 2 ATTEST: Deborah S. 8 Traffensted City Clerk ck Hunter,j Mayor Attachment: Exhibit "A" - Budget Amendment Resolution No. 2004 -2256 Page 2 EXHIBIT A BUDGET AMENDMENT FOR FY 2004 -05 DISTRIBUTION OF APPROPRIATION TO REVENUE ACCOUNTS: Account Number Current Budget I Revision Amended Budget 2800 -3118 $ 1,149,000.00 1 $ 300,000.00 $ 1,449,000.00 Total $ 1,149,000700_F$ 300,000.00 $ 1,449,000.00 Resolution No. 2004 -2256 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 -2256 adopted by the City Council of the City of Moorpark at a regular meeting held on the 20th day of October, 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 27th day of October, 2004. Deborah S. Traffenst4a15, City Clerk (seal)