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HomeMy WebLinkAboutRES RD 1999 86 1999 0721RESOLUTION NO. 99 -86 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FY 1999/2000 BUDGET BY PROVIDING A LOAN TO THE CITY OF MOORPARK, TO BE PLACED INTO THE GABBERT ROAD / CASEY ROAD AOC FUND TO PROVIDE SUFFICIENT FUNDING FOR CERTAIN IMPROVEMENTS TO CASEY ROAD WHEREAS, on June 23, 1999, the Moorpark Redevelopment agency adopted the MRA Budget for Fiscal Year 1999/00; and WHEREAS, a staff report has been presented to the Moorpark Redevelopment Agency (MRA) requesting that the MRA loan the City funds in the amount of $20,000 for the construction of certain pavement improvements on Casey Road; and WHEREAS, Exhibit "A," attached hereto and made a part hereof, describes the budget amendment required for said loan. NOW, THEREFORE, THE MOORPARK REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That a Budget amendment in the aggregate increase of $20,000, as more particularly described in Exhibit "A," is hereby approved. SECTION 2. That a loan to the City in the amount of $20,000, as more particularly described in Exhibit "A," is also approved. SECTION 3. 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 21St day of July, 1999. ricK nu D4er, �nair nP 4 ENT„ ATTEST: S, a ESTABLISHED MARCH 18, 1981 )"* Deborah S. Traffen dt, Secretary Attachment: Exhibit 'A': Appropriation`kail Resolution No. 99 -86 Page 2 Exhibit "A" APPROPRIATIONS FUND ACCOUNT NUMBER APPROPRIATION REQUEST MRA Tax Increment 2901.0000.0000.2410 $20,000 TOTALS: $20,000 $20,000 LOAN TO CITY OF MOORPARK FOR CITY PROJECT 8023 ACCOUNT NUMBER CURRENT LOAN AMOUNT SUBJECT LOAN REVISED LOAN AMOUNT 2901.0000.0000.2401 $0 $20,000 $20,000 TOTALS: $0 $20,000 $20,000 Resolution No. 99 -86 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 -86 was adopted by the Redevelopment Agency of the City of Moorpark at a meeting held on the 21St day of July, 1999 and that the same was adopted by the following vote: AYES: Agencymembers Evans, Harper, Rodgers, Wozniak and Chair Hunter NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 23rd day of December, 1999. Deborah S. Traffensr1 dt, Agency Secretary (seal) . nPN1ENr ESTABLISHED ` * MARCH 18, 1987 IFO� R Y0Fh1