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HomeMy WebLinkAboutRES RD 1999 78 1999 0217RESOLUTION NO. 99 -78 A RESOLUTION OF THE CITY OF MOORPARK REDEVELOPMENT AGENCY, CALIFORNIA, AMENDING THE FY 1998/99 BUDGET TO APPROPRIATE RESERVE FUNDS FOR PURCHASE OF FINANCIAL ACCOUNTING SOFTWARE AND TO RESOLVE GAS TAX AUDIT FINDINGS. WHEREAS, on July 15 1998 the Redevelopment Agency Board of Directors adopted the Budget for Fiscal Year 1998- 1999; and WHEREAS, on December 16, 1998 a staff report has been presented to the City Council describing findings from the annual State Gas Tax Audit; and WHEREAS, the City Council identified $11,268 to be allocated from the Redevelopment Agency Reserves to fund expenditures made with Gas Tax funds; and WHEREAS, on January 20, 1999 the City Council awarded a bid for financial accounting software and related expenses, and identified an additional $8,000 to be funded from the Redevelopment Agency; and WHEREAS, the Moorpark Redevelopment Agency Board of Directors concurs with the expenditures from the Agency funds for the above mentioned purposes and agrees to a budget amendment to effectuate the funding; and WHEREAS, Exhibit "A" hereto describes said budget amendment and resultant impacts to the current budget. NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE CITY OF MOORPARK REDEVELOPMENT AGENCY DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget amendment in the amount of $11,268 be appropriated from the Agency's Reserve Fund to the City Gas Tax Fund, as more particularly described in Exhibit "A" attached hereto and made a part hereof. SECTION 2. A budget amendment in the amount of $8,000 be appropriated from the Agency's Reserve Fund for costs related to the acquisition of financial accounting software and related items. Resolution No. 99 -78 Page 2 PASSED AND APPROVED this 17th day of February 1999. trick H?f-eer, Chairman ATTEST: QQ'J��OP M ENT�G'� Deborah S. Traffens t, Secretary ¢ Z�< ESTABLISHED * MARCH 18, 1987 0 Resolution No. 99 -78 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. 99 -78 was adopted by the Redevelopment Agency of the City of Moorpark at a meeting held on the 17th day of February, 1999, and that the same was adopted by the following vote: AYES: Agency Members Evans, Harper, Rodgers, Wozniak and Chairman Hunter NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 26th day of February, 1999. Deborah S. TraffenstE5t, Agency Secretary (seal) ��pP ME/yT ESTABLISHED 1` MARCH 18, 1987 J F