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HomeMy WebLinkAboutRES CC 2007 2639 2007 1003RESOLUTION NO. 2007 -2639 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2007/08 BUDGET TO REVISE THE APPROPRIATIONS AND BUDGET AMOUNTS FOR PROJECT 8011: TIERRA REJADA ROAD / SECOND STREET ASPHALT OVERLAY PROJECT [GENERAL FUND (FUND 1000); TRAFFIC SYSTEM MANAGEMENT (FUND 2001); CITY -WIDE TRAFFIC MITIGATION (FUND 2002); LTF — TDA ARTICLE 8A (FUND 2603); STP — LOCAL FEDERAL GRANT (FUND 2604); CIWMB RECYCLED TIRE STATE GRANT (FUND 2609); TRAFFIC CONGESTION RELIEF STATE GRANT (FUND 2610); MRA AREA 1 2001 BOND (FUND 2904)] WHEREAS, on June 20, 2007, the City Council adopted the Budget for Fiscal Year 2007/08; and WHEREAS, a staff report has been presented to the City Council requesting a budget adjustments in the aggregate amount of $1,423,000; 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 Budget amendment in the aggregate increase of $1,423,000, as more particularly described i "A ", is hereby approv. SECTION 2. The City Clerk hall certify to th adoptio of thi$ resolution and shall cause a certified resolution to filed in the book o origi esolutions. PASSED AND ADOPTED is 3rd day of Octobe 007 ATTEST: Maureen Benson, Assistant City Clerk Exhibit "A" — Budget Amendment Detail Resolution 2007 -2639 Page 2 EXHIBIT "A" BUDGET AMENDMENT FOR Project 8011: Tierra Rejada Rd / Second St AC Overlay Project FY 2007 -2008 FUND ALLOCATION FROM: Fund Account Number Amount General Fund 1000 -5500 $ 1,541,500.00 Traffic System Management 2001 -5500 $ 1,000,000.00 City-Wide Traffic Mitigation Fund 2002 -5500 $ 600,000.00 MRA Area 1 2001 Bond Proceeds 2904 -5500 $ 281,500.00 20,000.00 Total 20,000.00 $ 1,423,000.00 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget Tierra Rejada Rd. 2603- 8310- 8011 -9601: Design $ 20,000.00 $ 20,000.00 2603- 8310 - 8002 -9640: Construction $ 150,623.00 $ 100,000.00 $ 50,623.00 2603- 8310- 8011 -9650: Inspection $ - $ 90,000.00 $ 90,000.00 1000- 8310- 8011 -9640: Construction $ - $ 1,541,500.00 $ 1,541,500.00 2001 -8310- 8011 -9640: Construction $ 1,000,000.00 $ 1,000,000.00 $ - 2002- 8310- 8011 -9640: Construction $ - $ 600,000.00 $ 600,000.00 2604- 8310- 8011 -9640: Construction $ 562,423.00 $ 562,423.00 2609- 8310- 8011 -9640: Construction $ 180,000.00 $ 180,000.00 2610- 8310- 8011 -9640: Construction $ 300,000.00 $ - $ 300,000.00 Sub -Total Construction Tierra Rejada $ 2,042,423.00$ 1,141,500.00 $ 3,183,923.00 Second Street 2603 -8310- 8011 -9650: Inspection $ - $ 10,000.00 $ _ 10,000.00 2604 -8310- 8011 -9640: Construction $ 33,500.00 $ 33,500.00 2609 - 8310- 8011 -9640: Construction $ 20,000.00 $ 20,000.00 2904 -8310- 8011 -9640: Construction $ - $ 281,500.00 $ 281,500.00 Sub -Total Construction Second Street $ 53,500.00 $ 281,500.00 $ 335,000.00 Total $ 2, 266, 546.00 $ 1, 423, 000.00 $ 3,689, 546.00 Resolution 2007 -2639 Page 3 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Maureen Benson, Assistant City Clerk of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2007 -2639 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 3rd day of October, 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 2007. WITNESS my hand and the official seal of said City this 12th day of October, Maureen Benson, Assistant City Clerk (seal)