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HomeMy WebLinkAboutRES CC 2010 2919 2010 0602RESOLUTION NO. 2010 -2919 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2009/2010 BUDGET TO INCREASE TRAFFIC SYSTEM MANAGEMENT FUND (2001) EXPENDITURES BY $408,917 TO FUND THE METROLINK SOUTH PARKING LOT SOUTH ENTRY PROJECT 8056 WHEREAS, on July 1, 2009, the Moorpark City Council adopted the Operating and Capital Improvements Budget for Fiscal Year 2009/10; and WHEREAS, the adopted budget included an aggregate appropriation of $464,907 for the Metrolink South Parking Lot South Entry Capital Improvement Project (Project 8056), of which $332,112 was funded by Moorpark Redevelopment Agency Operating Fund (2902) and $132,795 was funded by Intermodal Surface Transportation Efficiency Act — Congestion Mitigation and Air Quality (ISTEA -CMAQ) Federal Grant Fund (2604); and WHEREAS, during Fiscal Year 2009/10 various approved budget adjustments caused a net appropriation increase of $605 from $464,907 to $465,512; and WHEREAS, a staff report has been presented to the City Council explaining the change of Project 8056's funding sources from Moorpark Redevelopment Agency Operating Fund (2902) to Traffic System Management Fund (2001); and WHEREAS, said staff report recommends the removal of $332,667 MRA Operating Fund (2902) and the replacement of funding source with TSM Fund (2001); and WHEREAS, the same staff report proposed to increase total project expenditure by $76,250 appropriated from TSM Fund (2001) for potential legal costs and required 20 percent match for Federal Transit Administration grant funds; and WHEREAS, the staff report requested a budget adjustment in the aggregate amount of $408,917 in Traffic System Management Fund (2001); and WHEREAS, Exhibit "A ", attached hereto and made a part hereof, describes said budget amendment and its resultant impact 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 $408,917 in Traffic System Management Fund (2001) expenditures for the Project as more particularly described in Exhibit "A ", is hereby approved. Resolution No. 2010 -2919 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 2nd day of June, 2010. C'#nice S. Parvin, Mayor ATTEST: Maureen Benson, Assistant City Clerk Attachment: Exhibit "A" Budget Amendment = "` Resolution No. 2010 -2919 Page 3 EXHIBIT A BUDGET AMENDMENT FOR TRAFFIC SYSTEM MANAGEMENT FUND FOR THE METROLINK SOUTH PARKING LOT SOUTH ENTRY FY 2009110 FUND BALANCE ALLOCATION: Fund Title Fund - Account Number Amount TRAFFIC SYSTEM MANAGEMENT FUND 2001 -5500 $ 408,917.00 $ - $ 1,067.00 Total 1,067.00 $ 408,917.00 EXPENDITURE APPROPRIATION: Account Number Current Budget Revision Amended Budget 2001.8310.8056.9601 $ - $ 1,067.00 $ 1,067.00 2001.8310.8056.9610 $ - $ 300,000.00 $ 300,000.00 2001.8310.8056.9640 $ - $ 71,250.00 $ 71,250.00 2001.8310.8056.9650 $ - $ 15,000.00 $ 15,000.00 2001.8310.8056.9122 $ - $ 20,000.00 $ 20,000.00 2001.8310.8056.9101 $ - $ 1,600.00 $ 1,600.00 Total $ - $ 408,917.00 $ 408,917.00 Resolution No. 2010 -2919 Page 4 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. 2010 -2919 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 2nd day of June, 2010, and that the same was adopted by the following vote: AYES: Councilmembers Mikos, Pollock, Van Dam, and Mayor Parvin NOES: None ABSENT: Councilmember Millhouse ABSTAIN: None WITNESS my hand and the official seal of said City this 16th day of June, 2010. Maureen Benson, Assistant City Clerk (seal)