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HomeMy WebLinkAboutRES CC 2007 2570 2007 0307RESOLUTION NO. 2007 -2570 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2006/07 BUDGET TO REVISE THE APPROPRIATIONS AND BUDGET AMOUNTS FOR PROJECT 8002:2006 SLURRY SEAL PROJECT [LOCAL TRANSPORTATION FUND — TDA- ARTICLE. 8A (FUND 2603) AND TRAFFIC CONGESTION RELIEF (Fund 2610)] 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 budget adjustments in the aggregate amount of $758,108; and WHEREAS, Exhibit "A ", attached hereto and made a part hereof, describe said budget amendments and their 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 Buck amendme 'n the aggregate increase of $758,108, as more particularly describedtx_hibit "A ", is hereb pproved. SECTION 2. T City Clerk shall certify to th adoption of thi ,,'resolu ' n and shall cause a certified r olution to be filed in the book of rigin i s. PASSED AN ADOPTED this 7th day of March, 2-07. yor Traffenstedt, Attachment: Exhibit 'A': Appropriation and Budget Detail Resolution No. 2007 -2570 Page 2 EXHIBIT A BUDGET AMENDMENT FOR Project 8002: 2006 Slurry Seal Project FY 2006 -2007 FUND ALLOCATION FROM: Fund Account Number Amount Local Transportation 8A 2603 -5500 $ 758,108.00 Current Budget $ 2,127,000.00 Revision Amended Budget 2603 - 8310 - 8002 -9601: Design Total 13,892.00 $ 758,108.00 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Amended Budget 2603: Local Transportation 8A Account Number Current Budget $ 2,127,000.00 Revision Amended Budget 2603 - 8310 - 8002 -9601: Design $ 13,892.00 $ 6,892.00 $ 7,000.00 2603 - 8310- 8002 -9640: Const $ 1,285,000.00 $ 740,000.00 $ 2603- 8310 - 8002 -9650: Ins p. $ 70,000.00 $ 25,000.00 $ _2,025,000.00 95,000.00 $ 1,368,892.00 $ 758,108.00 $ 2,127,000.00 Total FY 06/07 APPROPRIATIONS BY FUND Fund Current Budget Revision Amended Budget 2603: Local Transportation 8A $ 1,368,892.00 $ 758,108.00 $ 2,127,000.00 Total $ 1,368,892.00 $ 758,108.00 $ 2,127,000.00 Resolution No. 2007 -2570 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 -2570 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 7th day of March, 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 15th day of March, 2007. _ J �. Deborah S. Traffenstedt, City Jerk (seal)