HomeMy WebLinkAboutRES CC 2005 2356 2005 0706RESOLUTION NO. 2005 -2356
A RESOLUTION OF THE CITY COUNCIL OF THE CITY
OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL
YEAR 2005/06 BUDGET TO PROVIDE FOR
APPROPRIATIONS AND A BUDGET FOR PROJECT 8027:
CASEY ROAD /WALNUT CANYON ROAD TRAFFIC SIGNAL
MODIFICATION PROJECT [CASEY /GABBERT AOC FUND
(FUND 2503)] 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
$70,000 to fund a project for the modification of the Casey Road /
Walnut Canyon Road traffic signal; and
WHEREAS, a) the funding source proposed for said project is
the Casey Road / Gabbert 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 Casey Road / Gabbert 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 $50,000 from the
Los Angeles Avenue AOC Fund to the Casey / Gabbert AOC, as more
particularly described in Exhibit "A ", is hereby approved.
SECTION 2. That a Budget amendment in the aggregate
increase of $70,000, as more particularly described in Exhibit
"A ", is hereby approved.
Resolution No. 2005 -2356
Page 2
SECTION 3. The City Clerk shall certify to the adop ion of
this resolution and shall cause a certified resolution o e filed
in the book of original resolutions.
PASSED AND ADOPTED this 6th day cif JuW/ 20
ATTEST:
Deborah S. Traffens t, City Clerk
Attachment:
Exhibit 'A': Appropriation and Budget Detail
Resolution No. 2005 -2356
Page 3
EXHIBIT `A'
Appropriations, Budget Amendment
and Inter -Fund Loan for
Project 8027:
Casey Road / Walnut Canyon Road
Traffic Signal Modification Project
A. Fund Allocation
Fund :Account Number Amount:
;Casey /Gabbert AOC Fund '2503.5500 $ 70,000
i
i
0
$ 70, 00
B. Distribution of
Appropriations to Expense
Accounts
Current',
St J ect.
Revised
FY 05/06 ! Appropriation
FY 05/061
Account Number
Budget. /
(Reduction);
Budget;
2503.8310.8027.9601
Design
$ 0
$
33,000
$
33,000
2503.8310.8027.9640:
Const.
:. $ 0
$
32,000
32,000
2503.8310.8027.9650
In
$ 0
$
5,000
S
5,000
Total
Pro_jeC_t_
$_....... _ .... 0
$
70, 000
$
70,000
;Account Number Amount;
- '2501.8310.8027.9820 $ (50,000)
2503. 3720 _ $ 50,000
Resolution No. 2005 -2356
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 -2356 was adopted by the
City Council of the City of Moorpark at a regular meeting held on
the 6th day of July, 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 18th
day of July, 2005.
Deborah S. Traffenste City Clerk
(seal)