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HomeMy WebLinkAboutRES CC 2011 3064 2011 1005RESOLUTION NO. 2011 -3064 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2011/2012 BUDGET BY APPROPRIATING $41,102 FROM THE CITY -WIDE TRAFFIC MITIGATION FUND (2002) FOR REHABILITATION OF 1449 WALNUT CANYON ROAD (APN 511 -0 -040 -440) WHEREAS, on June 15, 2011, the City of Moorpark adopted the Operating and Capital Improvement budget for Fiscal Year 2011/12; and WHEREAS, a staff report has been presented to the City Council recommending hiring Magic Hammer Development, Inc. to rehabilitate the property located at 1449 Walnut Canyon Road; and WHEREAS, a budget adjustment in the aggregate amount of $41,102 is requested from the City -Wide Traffic Mitigation Fund (2002) for this work; 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 $41,102 from the City-Wide Traffic Mitigation Fund (2002), as more particularly 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 5th day of October, 2011. ATTEST: Maureen Benson, City Clerk Exhibit A — Budget Amendment (Ja ce S. Parvin, Mayor Resolution No. 2011 -3064 Page 2 EXHIBIT A BUDGET AMENDMENT FOR City-Wide Traffic Mitigation Fund (2002) for Rehabilitation of 1449 Walnut Canyon Road 2011/12 FUND ALLOCATION FROM: Fund Account Number Amount City-Wide Traffic Mitigation Fund 2002 2002 -5500 $ 41,102.00 $ 41,102.00 $ 41,102.00 Total $ 41,102.00 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget 2002.8310.8061.9621 $ - $ 41,102.00 $ 41,102.00 Total $ - $ 41,102.00 $ 41,102.00 Resolution No. 2011 -3064 Page 3 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. 2011 -3064 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 5th day of October, 2011, 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 2011. WITNESS my hand and the official seal of said City this 12th day of October, Maureen Benson, City Clerk (seal)