HomeMy WebLinkAboutRES CC 2012 3086 2012 0201RESOLUTION NO. 2012 -3086
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2011/2012 BUDGET BY APPROPRIATING $25,000 FROM THE
CITY AFFORDABLE HOUSING FUND (2201) FOR THE FIRST
ANNUAL PAYMENT TO THE VENTURA COUNTY HOUSING
TRUST FUND
WHEREAS, on June 15, 2011, the City of Moorpark adopted the Operating and
Capital Improvement budget for Fiscal Year 2011/12; and
WHEREAS, on July 6, 2011, the City Council considered a request from the
Ventura County Housing Trust Fund ( "VCHTF ") to provide a funding commitment to be
used as match to secure funds from the Housing and Emergency Shelter Trust Fund
Act of 2006; and
WHEREAS, the City Council committed to a $50,000.00 funding contribution over
the next five years ($10,000.00 per year) funded from the City's Affordable Housing
Fund; and
WHEREAS, at the request of the VCHTF, the City Council approved the revised
operation of the VCHTF on December 7, 2011, and authorized the $50,000.00
contribution payable in two annual payments; and
WHEREAS, VCHTF submitted a letter dated January 13, 2012, requesting the
first annual payment of $25,000.00; and
WHEREAS, Exhibit "A ", attached hereto and made a part hereof, describes said
budget amendment and the resultant impact to the budget line item.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. A budget amendment in the amount of $25,000.00 from the City
Affordable Housing Fund (2201), as more particularly described in Exhibit "A ", attached
hereto, is hereby approved.
Resolution No. 2012 -3086
Page 2
SECTION 2. The City Clerk shall certify to the adoption of this resolution and
shall cause a certified resolution to be filed in the book of original resolutions.
PASSED AND ADOPTED this 1 st day of February, 2012.
ATTEST:
F
Maureen Benson, City Clerk
Exhibit A — Budget Amendment
Jan' a S. Parvin, ayor
Resolution No. 2012 -3086
Page 3
EXHIBIT A
BUDGET AMENDMENT FOR
City Affordable Housing Fund (2201) for First Annual Payment to
Ventura County Housing Trust Fund
2011/2012
FUND ALLOCATION FROM:
Fund
Account Number
Amount
City Affordable Housing Fund (2201)
2201 -5500
$ 25,000.00
Total
$ _ 25,000.00
$ 25,000.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number
Current
Budget
Revision
Amended Budget
2201.2430.0000.9274
$ -
$ 25,000.00
$ _ 25,000.00
Total
$ -
$ 25,000.00
$ 25,000.00
Resolution No. 2012 -3086
Page 4
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK )
I, Maureen Benson, City Clerk of the City of Moorpark, California, do hereby
certify under penalty of perjury that the foregoing Resolution No. 2012 -3086 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the 1st
day of February, 2012, and that the same was adopted by the following vote:
AYES: Councilmembers Mikos, Millhouse, Pollock, Van Dam, and Mayor Parvin
NOES: None
ABSENT: None
ABSTAIN: None
2012.
WITNESS my hand and the official seal of said City this 10th day of February,
Maureen Benson, City Clerk