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HomeMy WebLinkAboutRES CC 2011 2991 2011 0119RESOLUTION NO. 2011 -2991 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA AMENDING THE FISCAL YEAR 2010/2011 BUDGET TO APPROPRIATE $1,935,000 FROM THE ENDOWMENT FUND (2800) TO THE PARKS AND RECREATION DEPARTMENT FOR ACQUISITION OF APN 519 -0- 210 -055 WHEREAS, on June 16, 2010, the City Council adopted the Operating and Capital Improvement Budget for Fiscal Year 2010/2011; and WHEREAS, a staff report has been presented to the City Council requesting a $1,935,000 budget appropriation from the Endowment Fund (2800) for acquisition of APN 519 -0- 210 -055 outside the City limits south of Tierra Rejada Road; and WHEREAS, Exhibit "A" hereof describes said budget amendment and its resultant impacts to the budget line item. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That a Budget Amendment of $1,935,000 as more particularly described in Exhibit "A ", 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 19th day of January, 2011. ATTEST: Maureen Benson, City Clerk Attachment: Exhibit A - Budget Amendment r J ice S. Parvin, Mayor Resolution No. 2011 -2991 Page 2 Budget Amendment for Endowment Fund (2800) for Acquisition of APN 519 -0- 210 -055 FY 2010/2011 A. Fund Allocation Exhibit A Fund Description Account Amount Endowment Fund 2800 -5500 $1,935,000 $1,935,000 $1,995,000 Total $1,935,000 B. Expenditure Appropriation Fund Adopted Budget Budget Change Revised Budget 2800 - 7800 - 7840 -9610 $60,000 $1,935,000 $1,995,000 $1,995,000 Resolution No. 2011 -2991 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 -2991 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)