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HomeMy WebLinkAboutRES RDA 2006 168 2006 1115RESOLUTION NO. 2006 -168 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2006/07 BUDGET BY APPROPRIATING $578,000 FROM THE MRA AREA I - OPERATIONS (2902) FUND FOR ACQUISITION OF APN NOS. 513 -0- 024 -105 AND 513 -0- 024 -135 WHEREAS, on June 21, 2006, the Moorpark Redevelopment Agency Board of Directors adopted the Moorpark Redevelopment Agency budget for Fiscal Year 2006/2007; and WHEREAS, the Redevelopment Agency of the City of Moorpark desires to purchase property known as APN Nos. 513 -0- 024 -105 and 513 -0- 024 -135 in the City of Moorpark, for the purpose of exchanging for 450 East High Street; and WHEREAS, the Board of Directors of the Redevelopment Agency of the City of Moorpark now wishes to amend the adopted budget to reflect the cost to purchase APN Nos. 513 -0- 024 -105 and 513 -0- 024 -135, for the acquisition cost of $575,000, plus $3,000 for estimated escrow costs, for a total cost of $578,000 from the MRA Area I — Operations Fund. NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget amendment in the total amount of $578,000 from the MRA Area I - Operations Fund, with $575,000 for Building Acquisition and $3,000 for Special Professional Services, as more particularly described in Exhibit "A ", attached hereto, is hereby approved. SECTION 2. The Agency Secre ry shall certify t%the adoption of thi resolution and shall cause a certified resolution 16 be filed in the boo of original Resolu ions. PASSED AND ADOPTED thi 15th day of Novembey, 2006. ATTEST: Deborah S. Traffenstedt,`Agency Secretary Attachment: Attachment "A" — Budget Amendment Deta ESTABUSHE® MARCH 18, 1987 OF Resolution No. 2006 -168 Page 2 BUDGET AMENDMENT FOR MRA AREA 1 - OPERATIONS FY 2006 -07 FUND ALLOCATION FROM: ATTACHMENT "A" Fund Account Number Amount MRA Areal -Operations 2902 -5500 $578,000.00 $ 3,000.00 $ 3,000.00 2902.2410.5033.9610 Total $575,000.00 $578,000.00 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget 2902.2410.5033.9103 $ $ 3,000.00 $ 3,000.00 2902.2410.5033.9610 $ $575,000.00 $575,000.00 Total $ $578,000.00 $578,000.00 Resolution No. 2006 -168 Page 3 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Deborah S. Traffenstedt, Secretary of the Redevelopment Agency of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2006 -168 was adopted by the Redevelopment Agency of the City of Moorpark at a special meeting held on the 15th day of November, 2006, and that the same was adopted by the following vote: AYES: Agency Members Harper, Mikos, Parvin, and Chair Hunter NOES: None ABSENT: Agency Member Millhouse ABSTAIN: None 2006. WITNESS my hand and the official seal of said City this 17th day of November, �• �� Deborah S. Traffenstedt, Agency Secretary (seal) 00, T4Q, Q MARCH 18,188?