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HomeMy WebLinkAboutRES RD 1997 55 1997 0507RESOLUTION NI?MBF.R 97— 55 RESOLUTION OF THE MOORPARK REDEVELOPMENT AGENCY AUTHORIZING BUDGET AMENDMENT TO THE FISCAL YEAR 1996/1997 ADOPTED BUDGET FOR THE MOORPARK REDEVELOPMENT AGENCY LOW AND MODERATE HOUSING FUND (FUND 232) WHEREAS, on .June 11, 1996, the Moorpark. Redevelopment Agency adopted the Budget for Fiscal Year 1996/1997; and WHEREAS, a staff report has been presented to said Agency requesting budget amendments in the aggregate amount of $50,000; and WHEREAS, Exhibit "A" hereof describes said budget amendment and its resultant 'mpact to the budget line item(s) and projected '.year end fund balance(s). NOW, THEREFORE, THE CITY OF MOORPARK REDEVELOPMENT AGENCY DOES RESOLVE AS FOLLOWS: A budget amendment in the amount of $50,000 to Fund 410 as more particularly described in Exhibit "A" attached hereto is hereby approved. PASSED, APPROVED AND ADOPTED t Chairman ATTEST: el'-" hf� t o�^ i l l ian E . Hare Agency Secretary C. ?4RE30\RE40- A.007 -11 ., _ 1997. EXHIBIT "A" RESOLUTION SUPPLEMENTAL APPROPRIATIONS BY ACCOUNT NUMBER ACc00NT CURi�Brl' SGFL[ 11 REVISED �ER.S APPROPRIATION APPROPRIATION APPROPRIATION BaLan (REMI(N) PY %/97 YEAR 232.000.0000.501.YYYI $50,000 $50,000 $50,000 TOTALS: $50,000 $50,000 $50,000 EFFECTS OF PROPOSED SUPP1E0PTAL APPROPRIATIOKS TO FUND BN<I.AMCZS FOND cuR Paw1c ED SO %P IL WISED FY %/97 YEWt END 1PPIOPRIATION POW= BaLan PY %/97 YEAR ® BALANCE 232 (MR& LOW /MO MTE $2,331,983 $50,000 $2,281,983 IKM NOOSING 1m) TOTALS: $$2,331,483 $50,000 $2,281,983 Note: The Currant Projected FY 96/97 Year End Balance includes a reserve fct land held for resale of $1,500,000 and a reserve for 203(K) ps'+Opta of $50,000. C: \N \R280 \2280 - 8.002- 10/18/96 -wprli 70, 1997 STATE OF CALIFORNIA 1 COUNTY OF VENTURA ) SS. CITY OF MOORPARK 1 I, Lillian E. Hare, Secretary of the Redevelopment Agency of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 97 -55 was adopted by the Redevelopment Agency of the City of Moorpark at a meeting held on the _%Ch day of MAY , 199"; , and that the same was adopted by the following vote: AGENCY MEMBERS EVANS, PER.E "/ RODGERS TEASLEY, WOZNIAK AND AYES: CHAIRMAN HUNTER NOES: NONE ABSENT: NONE ABSTAIN: NONE WITNESS my hand and the official seal of said City this 9th day of _ MAY _._ _ , 1997. Lillian E. Hare, CMC Secretary (Seal) MEN). `( ESTABLISHED 1� * MARCH 18. 1997 k r cqC /FORN�P tiF CITY OF