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HomeMy WebLinkAboutRES CC 2011 3015 2011 0406RESOLUTION NO. 2011 -3015 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2010/11 BUDGET TO FUND ADDITIONAL CONSTRUCTION COSTS FOR THE COLLINS AND UNIVERSITY TRAFFIC SIGNAL PROJECT (PROJECT 8078) WHEREAS, on June 16, 2010, the City Council adopted the Operating and Capital Improvements Projects budget for Fiscal Year 2010/2011; and WHEREAS, the adopted budget includes the Collins and University Traffic Signal Capital Improvement Project 8078 with a total appropriation of $202,780.00 from the Capital Projects Fund (4000). This appropriation was subsequently adjusted to $211,280.00 after staff completed the final accounting of Fiscal Year 2009/2010 project costs; and WHEREAS, a staff report has been presented to the City Council requesting a budget adjustment increase of $20,000.00 from the Capital Projects Fund (4000); and WHEREAS, Exhibit "A ", attached hereto and made a part hereof, describes said budget amendment and its resultant impact 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 in the aggregate increase of $20,000.00 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 6th day of April, 2011. Jan' a S. Parvin, Mayor ATTEST: Maureen Benson, City Clerk Attachment: Exhibit 'A': Appropriation and Budget Detail Resolution No. 2011 -3015 Page 2 EXHIBIT "A" BUDGET AMENDMENT FOR CAPITAL PROJECTS (FUND 4000) TO INCREASE FUNDING FOR THE COLLINS AND UNIVERSITY TRAFFIC SIGNAL PROJECT (PROJECT 8078) FY 2010 -2011 FUND ALLOCATION FROM: Fund Account Number Amount Capital Projects 4000 -5500 $ 20,000 26,280.00 $ - $ 26,280 4000.8310.8078.9640 $ Total $ 20,000 $ 20,000 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget 4000.8310.8078.9601 $ 26,280.00 $ - $ 26,280 4000.8310.8078.9640 $ 175,000.00 $ 20,000 $ 195,000 4000.8310.8078.9650 $ 10,000.00 $ - $ 10,000 Total $ 211,280 $ 20,000 $ 231,280 Resolution No. 2011 -3015 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 -3015 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 6th day of April, 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 WITNESS my hand and the official seal of said City this 20th day of April, 2011. Maureen Benson, City Clerk (seal)