HomeMy WebLinkAboutRES RD 1998 72 1998 0715RESOLUTION NO. 98 -72
A RESOLUTION OF THE CITY OF MOORPARK REDEVELOPMENT AGENCY
ESTABLISHING THE ANNUAL BUDGET FOR THE FISCAL YEAR 1998 -1999
WHEREAS, by Ordinance No. 87 the City Council of the City of Moorpark activated the
Moorpark Redevelopment Agency pursuant to California Community Redevelopment Law; and
WHEREAS, a budget for the fiscal year beginning July 1, 1998 was prepared by the
Executive Director and the opportunity was provided for public comment and a detailed review of
revenue and expenditure proposals; and
WHEREAS, as result of the reviews and analysis, expenditure proposals and revenue
projections have been prepared to meet the obligations of the City of Moorpark Redevelopment
Agency for the fiscal year 1998/99.
NOW, THEREFOR, THE CITY OF MOORPARK REDEVELOPMENT AGENCY DOES
RESOLVE AS FOLLOWS:
Section 1. The Redevelopment Agency Board of Directors hereby determines that the
continued operation and maintenance assistance of the Agency's Redevelopment Division is in the
furtherance of the goals and objectives of the Redevelopment Plan in the elimination of blight,
including social, economic and physical blight as defined in the California Community
Development Law.
Section 2. The Redevelopment Agency Operating Budget for Fiscal Year 1998 -1999
contains revenues totaling $1,937,929 and operating expenditures totaling $3,324,897, as identified
in the City of Moorpark's Operating and Capital Improvements Budget for the Fiscal Year 1998-
1999 document.
Section 3. The Executive Director is authorized to approve appropriation transfers within
the division and within the individual funds as required and as provided for by law, to provide
efficient and economical services as long as the total division appropriation and fund appropriation
authorized by the Agency Board is not exceeded.
Section 4. Amendments to the total fund appropriations in the FY 1998 -1999 Operating
and Capital Improvements Budget shall require Agency Board action by resolution.
Resolution No. 98 -72
Page 2
PASSED APPROVED AND ADOPTED this 1 flay of July 19
Hunter,
ATTEST:
• ' ESTABLISHED
Deborah S. Traffenstedt, Age cy Secretary * MMCH 18.1987
Resolution No. 98 -72
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. 98 -72 was
adopted by the Redevelopment Agency of the City of Moorpark at a meeting held on the 15`h day of
July, 1998 and that the same was adopted by the following vote:
AYES: Agencymembers Evans, Perez, Teasley, Wozniak and Chairman Hunter
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 1 st day of September, 1998.
1
Deborah S. Traffenstedt, ency Secretary
_ nPME (seal)
ESTABLISHED 1`
MARCH 18. 1987 )*