HomeMy WebLinkAboutRES CC 2005 2376 2005 0907RESOLUTION NO. 2005 -2376
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL
YEAR 2005/06 BUDGET TO AMEND THE
APPROPRIATIONS AND A BUDGET FOR PROJECT 8042:
TIERRA REJADA ROAD MEDIAN LANDSCAPING PROJECT
[SPRING ROAD / TIERRA REJADA ROAD AREA OF
CONTRIBUTION FUND (FUND 2502)] AND APPROVING
AN INTER -FUND LOAN RELATING THERETO [L. A.
AVE. AOC FUND ( FUND 2501) ]
WHEREAS, on June 15, 2005, the City Council adopted the
Budget for Fiscal Year 2005/06; and
WHEREAS, a staff report has been presented to the City
Council requesting a budget increase in the aggregate amount of
$623,455 to increase the funding for a project to construct median
landscaping on Tierra Rejada Road east of Spring Road; and
WHEREAS, a) the funding source proposed for said project is
the Spring Road /Tierra Rejada Road. AOC Fund; b) said Fund
currently does not have sufficient funds for the aforementioned
appropriation; and c) it is, therefore, necessary to approve a
loan to the Spring Road /Tierra Rejada Road AOC Fund for this
purpose; and
WHEREAS, Exhibit "A ", attached hereto and made a part hereof,
describes said loan, appropriation, 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. That a loan in the amount of $600,000 from the Los
Angeles Avenue AOC Fund to the Spring Road / Tierra Rejada Road
AOC, as more particularly described in Exhibit "A ", is hereby
approved.
SECTION 2. That a Budget amendment in the aggregate increase
of $623,455, as more particularly described in Exhibit "A ", is
hereby approved.
Resolution No. 2005 -2376
Page 2
SECTION 3.
this resolution
in the book of
The City Clerk
and shall cause
original resolu'e,
PASSED AND ADOPTED t
ATTEST:
certify to the adoption of
Ned resolution to be filed
J
Deborah S. Traffenst City Clerk
Attachment:
Exhibit 'A': Appropriation and Budget Detail
Resolution No. 2005 -2376
Page 3
Exhibit "A"
Inter -Fund Loan, Appropriation
and Budget Amendment
For Project 8042:
Tierra Rejada Road
Median Landscaping Project
C. Total Appropriations Re -Cap
......................................... _._ ...... _ ................ _._ ........................................................... _ ... ..........................
__ ...... _ .......................... .............................
_ .............. _.._ ............. _.._ ... _._ ...... _._...._........................................._........._..._.
Current
.........._.._....�..__.....___ ..._....,._........_......._..._......_._.........._...._...
Subject
.._...........................
Revised
Total
Appropriation
Total:
Account Number
A ro r .
/ (Reduction) j
�_............,...���._....
A ro r .
25-o2.8310.8042.9601:
Design
$ 54, 010
$ (20, 000)
$
34, 010
_._._._.__........... ...................... ...__._.._......_......_..._......_....._ ......................
250 . 8042. 9640:
_........... _ ..... _.................._ .... __.. .......
Const.
............. ......... ...... .............. ....... ......... _................................._........__.__...._....._
$ 253, 000
..._..._.___.._.........._..._.
$ 653, 455
_. _. _. _.
$
------ .........................._ .
906, 455
............._......_ ......................__......_.............._._........_.........._._.........................._.._....._..............._........._._._................_.
2502.8310.8042.9650:
.............._...............
Insp.
_ _ _......................................._._...._._..._.._....................._..........__..._..._.._..._............._._._....
$ 15,000
..............._._........_..._ .........................................
$ (10, 000)
$
........ _.._._._ ............ _ ..,
5, 000
............................................................................_....................._.._......_..._....._.._.._...._._....._.....
Total
...................................._..........._........................................................._....................._..........._.........................................................................._......_...................._............_......
.._....._...................... _ ....................
Project
$ 322, 010
w_...._ ..............._...a........._.
$ 623, 455
.I...__.._..........._..........
$
945, 465
D. Distribution of
Appropriations to Expense Accounts
........ . ................................. _ .............. _. ... .................... ...................................... ..... .................
_ ... .......................
i
Currents
Subjects
Revised'
FY 05/06!
Appropriation
FY 05/06:
Account Number
t
Budget
/ (Reduction)
Budget:
: 2502.8310.8042.9601:
..__._ .............. .............. _..._..............._....
Design
.......
$ 38,888
�..._.........
$ (20,000)
$
..._....
18,888:
......................_................_........................................._..... ..........._.................._ ....._._..........._........._._.............................._.............................._....._._.........................._................_......_.................................._......._..........._....._..._._................._.....................................................................................
2502.8310.8042.9640:
Const.
$ 212,686;
$ 653,455
$
...............................
866,141:
...... _ .............. _........_..................... _...........__.............._..................................._......_......................._..._........_...............................,................................................._..........................................................._..._...........__......_......................................._.._......,.._.._....._............................................._
2502. 8310. 8042. 9650:
Insp.
$ 15, 000
$ (10, 000) 3
$
...............................
5, 000
........................................................................................................................................._...........................................
Total
............................................................................................................ ...............................
........................._.....
Project
.................. .................
$ 266, 547
............... ......... ........ ........
$ 623,455
$
890 029
'
Resolution No. 2005 -2376
Page 4
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. 2005 -2376 was adopted by the
City Council of the City of Moorpark at a regular meeting held on
the 7th day of September, 2005, 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 30th
day of September, 2005.
Deborah S. I istetft, City Clerk
(seal)