HomeMy WebLinkAboutRES RD 2001 101 2001 0718RESOLUTION NO. 2001 -101
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF MOORPARK, CALIFORNIA, AMENDING
THE FY 2001/2002 BUDGET TO ALLOCATE $225,000
FROM THE TAX INCREMENT HOUSING FUND BALANCE
(2901.5500) TO THE REDEVELOPMENT AGENCY
LOW /MOD HOUSING BUDGET FOR ACQUISITION OF
798 MOORPARK AVENUE
WHEREAS, on June 20, 2001, the Moorpark Redevelopment
Agency adopted the budget for Fiscal Year 2001/2002; and
WHEREAS, a staff report has been presented to the Agency
requesting a budget amendment allocating $225,000 to the Agency
Low /Mod Housing Budget from the Tax Increment Housing Fund
Balance; and
WHEREAS, Exhibit "A" hereof describes said budget amendment
and its resultant impacts to the budget line item(s).
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF
MOORPARK DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. A budget amendment allocating $225,000 to the
Low /Mod Housing Budget from the Tax Increment Housing Fund
Balance as more particularly described in Exhibit "A" attached
hereto is hereby approved for acquisition of 798 Moorpark
Avenue.
SECTION 2. The Agency Secretary shall certify to the
adoption of the resolution and shall cause a certified
resolution to be filed in the book of original Resolutions.
PASSED AND ADOPTED this 181h day, /f`—Nily, 2001.
I Patrick Hur er, Chair
ATTEST: v
O? M E N 7-
Deborah S. Traffens edt
Agency Secretary x ESTABLISHED
MAFGH 18, 1987
Attachment: Exhibit "A" - Budget Revision P Q�
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Resolution No. 2001 -101
Page 2
EXHIBIT "A"
Budget Revision
A. Fund Allocation:
Fund No.
Fund Name
Amount
2901.5500
Housing Tax Increment Fund
$225,000
$225,000
$225,000
B. Budget Appropriation:
Budget Number
Budgeted
Revision
New Budget
2901.2420.0000.9610
$0
$225,000
$225,000
Resolution No. 2001 -101
Page 3
STATE OF CALIFORNIA )
COUNTY OF VENTURA )
CITY OF MOORPARK )
ss.
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. 2001-
101 was adopted by the Redevelopment Agency of the City of
Moorpark at a meeting held on the 18th day of July, 2001 and that
the same was adopted by the following vote:
AYES: Agencymembers Harper, Mikos, Millhouse
NOES: None
ABSENT: Agencymember Wozniak and Chair Hunter
ABSTAIN: None
WITNESS my hand and the official seal of said City this 2nd
day of August, 2001.
Deborah S. Traffenstedt
Agency Secretary
(seal)
��pP M ENr�c�
ESTABLISHED
* MARCH 18, 1987