HomeMy WebLinkAboutRES RD 2002 107 2002 0605RESOLUTION NO. 2002 -107
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF MOORPARK, CALIFORNIA, ADOPTING THE
OPERATING AND CAPITAL IMPROVEMENT BUDGETS FOR
THE MOORPARK REDEVELOPMENT AGENCY FOR THE FISCAL
YEAR 2002 -2003
WHEREAS, on May 15, 2002 the City Manager /Executive
Director's Recommended Budget for Fiscal Year 2002 -2003 was
submitted to the City Council and Agency Board of Directors for
its review and consideration; and
WHEREAS, the Board of Directors has provided the
opportunity for public comment at a public meeting held May 22,
2002, 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 REDEVELOPMENT AGENCY OF THE CITY OF
MOORPARK DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The Operating and Capital Improvements Budget
for Fiscal Year 2002 -2003 (beginning July 1, 2002) for the City
of Moorpark Redevelopment Agency containing operating and
capital expenditures and anticipated revenues as identified in
Exhibit "A" to this resolution, attached hereto and incorporated
herein, shall be adopted as the City of Moorpark Redevelopment
Agency's Operating and Capital Improvements Budget for Fiscal
Year 2002 -2003.
SECTION 2. The Executive Director is authorized to amend
the capital improvement budget for the 2002 -2003 fiscal year at
the conclusion of the 2001 -2002 fiscal year when a final
accounting of project costs during the 2001 -2002 year is
complete and continuing appropriations are determined, as long
as the total project appropriation authorized by the Board of
Directors is not exceeded.
SECTION 3. The Executive Director is authorized to approve
appropriation transfers within departments and within individual
funds as required to provide efficient and economical services,
as long as the total department appropriation and fund
Resolution No. 2002 -107
Page 2
appropriation authorized by the Board of Directors is not
exceeded.
SECTION 4. Except as otherwise provided in this resolution,
amendments to appropriations in the Fiscal Year 2002 -2003
Operating and Capital Improvements Budget shall require Board
action by resolution.
SECTION S. 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 Board of Directors at its next regular
meeting for ratification.
SECTION 6. Administrative and planning expenditures,
including direct salaries, indirect overhead charges, and other
similar costs, are necessary for the production, improvement,
and preservation of low- and moderate - income housing.
SECTION 7. 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 5th day,"of one, 2002.
is
ATTEST:
20
ESTTABLlSHEp
MARCH 18, 1987 �
Deborah S. Traffens t, Agency Secretary
Attachment: Exhibit "A" Operating and Capital Improvements
Budget
Resolution No. 2002 -107
Page 3
Exhibit A
Operating and Capital Improvements Budget
For the Moorpark Redevelopment Agency
Fiscal Year 2002 -2003
Provided Separatel
Resolution No. 2002 -107
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. 2002-
107 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 5th day of June, 2002
and that the same was adopted by the following vote:
AYES: Agencymembers Harper, Mikos, Millhouse and
Wozniak
NOES: None
ABSENT: Chair Hunter
ABSTAIN: None
WITNESS my hand and the official seal of said City this 25th
day of June, 2002.
Deborah S. Traf f enst'6d"t ,
Agency Secretary
(seal)
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