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HomeMy WebLinkAboutRES CC 2007 2609 2007 0620RESOLUTION NO. 2007 -2609 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AUTHORIZING FUND TRANSFERS FROM THE GENERAL FUND RESERVES [FUND 10001 AND THE GAS TAX FUND RESERVES [FUND 2605] REQUIRED TO FUND FISCAL YEAR 2005/06 YEAR- END DEFICITS FOR CERTAIN ASSESSMENT DISTRICT FUNDS AS DEFINED HEREIN WHEREAS, on June 21, 2006, the City Council adopted the Budget for Fiscal Year 2006/07; and WHEREAS, a staff report has been presented to the City Council requesting a fund transfer in the aggregate amount of $135,629; and WHEREAS, said staff report discusses that the FY 06/07 Budget includes funds to cover the FY 05/06 year end deficits for certain Lighting and Landscape Districts; and WHEREAS, Exhibit "A ", attached hereto and made a part hereof, describes said transfers. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That a fund nsfer in the aggregate amount of $135,629, as more particularly described in Ex ' it "A', is hereby appr9ved. SECTION 2. The shall cause a certified resol PASSED AND ADO ATTEST: Clerk shall certify to thel adoption of this resol tion and to be filed in the book of riginal resjutions. this 20th day of June, ,A007. I Deborah S. Traffenstedt, City CTerk Attachment: Exhibit 'A': Fund Transfers Detail Resolution No. 2007 -2609 Page 2 Exhibit "A" Fund Transfers Required to Fund FY 05/06 Year -End Deficits In Certain Assessment District Funds To Be Transferred to: From Fund Gas Tax Fund 2300: Street Lighting - 3100 2300: Landcaping - 3102 2305: Landscaping - Dist. 5* From Total General Fund Transfers $22,613 $0 $22,613 $103,338 $0 $103,338 $4,839 $4,839 $9,678 Total $130,790 $4,839 $135,629 Resolution No. 2007 -2609 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. 2007 -2609 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 20th day of June, 2007, and that the same was adopted by the following vote: AYES: Councilmembers Mikos, Millhouse, Parvin, Van Dam, and Mayor Hunter NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 6th day of July, 2007. J J Deborah S. Traffenstedt, Cit erk (seal)