HomeMy WebLinkAboutRES RD 2001 104 2001 0801RESOLUTION NO. 2001 -104
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF MOORPARK, CALIFORNIA, AMENDING THE FY
2001/2002 BUDGET TO ALLOCATE $892,500 FROM THE
TAX INCREMENT FUND BALANCE (2902.5500) AND
$792,000 FROM THE LOW AND MODERATE INCOME TAX
INCREMENT FUND (2901.5500) TO THE REDEVELOPMENT
AGENCY CAPITAL PROJECTS BUDGET
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 $1,684,500 to the
Agency Capital Projects Budget from the Tax Increment 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 $892,500 to the
Capital Projects Budget from the Tax Increment Fund Balance and
$792,000 to the Capital Projects Budget from the Low and
Moderate Income Housing Tax Increment Fund as more particularly
described in Exhibit "A" attached hereto is hereby approved.
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 1St day
ATTEST:
,August, 11
I '
1�
S. Q
Deborah S. Traffenste t, Agency Secretary
Attachment: Exhibit "A"- Budget Revision
ESTARI,Ir}HED
MARCH td, 1987
0 F
Resolution No. 2001 -104
Page 2
EXHIBIT "A"
Budget Revision
A. Fund Allocation:
Fund No.
Fund Name
Amount
2902.5500
Tax Increment Fund
$892,500
2900.5500
Tax Increment Fund - LMI
$792,000
$ -0-
TOTAL
$1,684,500
B. Budget Appropriation:
Budget Number
Budgeted
Revision
New Budget
2902.2410.2001.9610
$ -0-
$892,500
$892,500
2901.2420.2001.9103
$ -0-
$792,000
$792,000
Resolution No. 2001 -104
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. 2001-
104 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 1St day of August, 2001
and that the same was adopted by the following vote:
AYES: Agencymembers Harper, Mikos, Millhouse, Wozniak
and Chair Hunter
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 4th
day of September, 2001.
{
Deborah S. Traffenst ,
Agency Secretary
(seal
ESTABLI!IHED
MARCH 16, 1987
OF