Loading...
HomeMy WebLinkAboutRES CC 2011 2988 2011 0119RESOLUTION 2011 -2988 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING FISCAL YEAR 2010/11 BUDGET TO ALLOCATE $2,700,000.00 FROM THE SPECIAL PROJECTS FUND (4004) FOR THE CONSTRUCTION OF A 10,000 SQUARE FOOT NON - EMERGENCY MEDICAL BUILDING AS PART OF THE RUBEN CASTRO HUMAN SERVICES CENTER WHEREAS, on June 16, 2010, the City Council adopted the Operating and Capital Improvement Projects Budget for Fiscal Year 2010/2011; and WHEREAS, the City Council of the City of Moorpark desires to construct a 10,000 square foot non - emergency medical building as part of the Ruben Castro Human Services Center; and WHEREAS, the adopted budget includes expenditure appropriations totaling $14,410,287 for the Ruben Castro Human Services Complex Capital Improvement Project (5020) from CDBG Entitlement Fund (2701) - $170,446; MRA Operating Fund (2902) - $5,041,715 and MRA 2006 TAB Proceeds Fund (2905) - $9,198,126; and WHEREAS, in order to balance the Agency's adopted budget, staff included revenue of $5,000,000 from other financing sources in the MRA Operating Fund (2902) to pay for the Ruben Castro Human Services Complex Capital Improvement Project (5020); and WHEREAS, staff has determined that the Agency will not be able to secure the $5,000,000 outside financing as anticipated to complete the project and staff has requested the Agency Board to reduce the MRA Operating Fund (2902) revenue budget by $5,000,000 and decrease expenditure budget by $5,041,715; and WHEREAS, on January 19, 2011 a separate staff report was presented to the Agency Board summarizing the remaining project cost at $11,872,515, of which $9,355,000 will be paid from the MRA 2006 TAB Proceeds Fund (2905) and the remaining $2,700,000 project cost will be paid by the City; and WHEREAS, a budget amendment increase of $2,700,000 from the Special Projects Fund (4004) is required to complete the Ruben Castro Human Services Complex Capital Improvement Project (5020); and WHEREAS, a staff report has been presented to the City Council requesting a budget adjustment in the aggregate amount of $2,700,000 in the Special Projects Fund; and Resolution No. 2011 -2988 Page 2 WHEREAS, Exhibit "A ", attached hereto and made a part hereof, describes said budget amendment and the resultant impacts 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 $2,700,000 from the Special Projects Fund (4004), as more particularly described in Exhibit "A ", attached hereto, is hereby approved for the construction of a 10,000 square foot non - emergency medical building. 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 19th day of January, 2011. ATTEST: Maureen Benson, City Clerk Attachment: Exhibit A — Budget Amendment J nice S. Parvin, Mayor Resolution No. 2011 -2988 Page 3 EXHIBIT A BUDGET AMENDMENT FOR SPECIAL PROJECTS FUND (4004) FOR THE CONSTRUCTION OF A NON - EMERGENCY MEDICAL BUILDING FY 2010/11 FUND ALLOCATION FROM: Fund Account Number Amount Special Projects Fund 4004 -5500 $ 2,700,000.00 $ 2,700,000.00 $ 2,700,000.00 Total $ 2,700,000.00 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget 4004.2410.5020.9620 $ - $ 2,700,000.00 $ 2,700,000.00 $ - Total $ - $ 2,700,000.00 $ 2,700,000.00 Resolution No. 2011 -2988 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. 2011 -2988 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 19th day of January, 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 2nd day of February, Maureen Benson, City Clerk (seal)