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HomeMy WebLinkAboutRES RD 1999 84 1999 0623RESOLUTION NO. 99 -84 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE CITY OF MOORPARK REDEVELOPMENT AGENCY, CALIFORNIA, ADOPTING THE OPERATING BUDGET FOR THE CITY OF MOORPARK REDEVELOPMENT AGENCY FOR THE FISCAL YEAR 1999/2000 WHEREAS, on May 5, 1999 the City Manager's /Executive Director's Recommended Budget for Fiscal Year 1999 -2000 was submitted to the City Council and Agency Board of Directors for its review and consideration; and WHEREAS, the Agency Board has provided the opportunity for public comment at a public hearing held on June 2, 1999 and conducted detailed review of expenditure proposals; and WHEREAS, as the result of the reviews and analysis, expenditure proposals and revenue projections have been modified as needed. NOW, THEREFORE, THE BOARD OF DIRECTORS OF THE CITY OF MOORPARK REDEVELOPMENT AGENCY DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The Operating Budget for Fiscal Year 1999- 2000 (beginning July 1, 1999) for the City of Moorpark Redevelopment Agency containing operating expenditures totaling $4,627,835 and corresponding revenues thereto, as identified in the Budget document attached hereto and incorporated herein as Exhibit "A" to this resolution, shall be adopted as the City of Moorpark Redevelopment Agency Operating Budget for Fiscal year 1999 -2000. SECTION 2. The Executive Director is authorized to approve appropriation transfers within the Agency budget as required to provide efficient and economical services, as long as the total department appropriation and fund appropriation authorized by the Board of Directors is not exceeded. SECTION 3. Amendments to the total fund appropriations in the Fiscal Year 1999 -2000 Operating Improvements Budget shall require Board action by resolution. Resolution No. 99 -84 Page 2 SECTION 4. The Executive Director is authorized to make such emergency appropriations as may be necessary to address emergency needs of the Agency, provided that the appropriation is presented to the Agency Board as its next regular meeting for ratification. SECTION 5. The Agency Secretary 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 13 rd k ay of Jule 1999 . atrick Hunter, Chairman ATTEST: Deborah S. Traffenstedt, Secretary Exhibit "A" ESTABLISHED * MAHCH 18, 1987 Resolution NO. 99 -84 Page 3 Exhibit A Operating Budget For the City of Moorpark Redevelopment Agency Fiscal Year 1999 -2000 ON FILE WITH CITY CLERK Resolution No. 99 -84 Page 4 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 -84 was adopted by the Redevelopment Agency of the City of Moorpark at a meeting held on the 23rd day of June, 1999 and that the same was adopted by the following vote: AYES: Agencymembers Evans, Harper, Rodgers, Wozniak and Chairman Hunter NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 20th day of July, 1999. Deborah S. Traffenstg(ft--, Agenc Secretary MENt (seal) -.?�= ,BUSHED r. -ARCH 18, 1987 IFOR%