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HomeMy WebLinkAboutRES CC 2009 2787 2009 0204RESOLUTION NO. 2009 -2787 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2008/09 BUDGET TO APPROPRIATE FUNDS FOR PROJECT 8078: TRAFFIC SIGNAL IMPROVEMENTS AT COLLINS DRIVE AND UNIVERSITY DRIVE FROM THE CAPITAL IMPROVEMENT FUND - FUND (4000) WHEREAS, on May 7, 20Q8, the City Council approved the Seven Year Capital Improvement Program, Fiscal Year 2007/08 — 2013/14, including Traffic Signal Improvements at Collins Drive and University Drive; and WHEREAS, on July 2, 2008, the City Council adopted the budget for fiscal year 2008/2009; and WHEREAS, it is necessary to increase the amount of the appropriations and budget for the project; and WHEREAS, Exhibit "A" attached hereto and made a part hereof, describes said budget amendment and its resultant impacts to the budget line items. 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 $210,000 as described in Exhibit "A" attached hereto, is hereby approved. 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 4th day of February, 2009. e S. Parvin, Mayor ATTEST: A'oc-� -s�—� Maur Benson, Assistant City Clerk Attachment: Exhibit 'A': Budget Appropriation and Fund Transfer Detail Resolution No. 2009 -2787 Page 2 EXHIBIT "A" BUDGET AMENDMENT FOR CAPITAL IMPROVEMENT FUND FOR DESIGN AND CONSTRUCTION OF TRAFFIC SIGNAL AT COLLINS DRIVE AND UNIVERSITY DRIVE FY 2008 -2009 FUND ALLOCATION FROM: Fund Account Number Amount Capital Improvement Fund 4000 -5500 $ 210,000 $ 25,000 $ 25,000 4000.8310.8078.9640 Construction $ - $ 175,000 $ 175,000 Total $ - 1 $ 210,000 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budge 4000.8310.8078.9601 Design $ - $ 25,000 $ 25,000 4000.8310.8078.9640 Construction $ - $ 175,000 $ 175,000 4000.8310.8078.9650Inspection $ - $ 10,000 $ 10,000 Total $ - $ 210,000 $ 210,000 Resolution No. 2009 -2787 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. 2009 -2787 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 4th day of February, 2009, and that the same was adopted by the following vote: AYES: Councilmembers Lowenberg, Mikos, Van Dam, and Mayor Parvin NOES: None ABSENT: Councilmember Millhouse ABSTAIN: None WITNESS my hand and the official seal of said City this 12th day of February, 2009. Maureen Benson, Assistant City Clerk (seal)