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HomeMy WebLinkAboutRES CC 2008 2685 2008 0220RESOLUTION NO. 2008 -2685 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2007/2008 BUDGET BY APPROPRIATING $74,324 FROM THE CITY'S CALHOME PROGRAM REUSE FUND FOR MOBILEHOME REHABILITATION LOANS AND ASSOCIATED COSTS WHEREAS, On June 20, 2007, the City Council of the City of Moorpark adopted the budget for Fiscal Year 2007/2008; and WHEREAS, the State of California Department of Housing and Community Development previously provided CalHome funds to the City for mobilehome rehabilitation loans; and WHEREAS, certain of these mobilehome rehabilitation loans have been paid off, in the total amount of $74,324; and WHEREAS, the City wishes to authorize the "reuse" of these funds for additional mobilehome rehabilitation loans, consistent with CalHome program requirements; and WHEREAS, a budget amendment is required to fund this program. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget amendment in the total amount of $74,324 from the City's CalHome Program Reuse Fund (2202) for a City Mobilehome Rehabilitation Loan Program, for mobilehome rehabilitation loans and associated costs, as more particularly described in Exhibit "A ", attached hereto, is hereby approved. SECTION 2. shall cause a certified PASSED AND ADOPTED Maureen Benson, Assistant City Clerk Exhibit A — Budget Amendment and Resolution No. 2008 -2685 Page 2 EXHIBIT A BUDGET AMENDMENT FOR CITY MANAGER FY 2007 -08 FUND ALLOCATION FROM: Fund Account Number Amount CalHome Program Reuse Fund 2202 -5500 $ 74,324.00 $ 74,324.00 $ 74,324.00 Total $ 74,324.00 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget 2202.2430.0000.9282 $ 74,324.00 $ 74,324.00 Total $ - $ 74,324.00 $ 74,324.00 Resolution No. 2008 -2685 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. 2008 -2685 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 20th day of February, 2008, 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 5th day of March, 2008. Maureen Benson, Assistant City Clerk (seal)