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HomeMy WebLinkAboutRES RD 2003 111 2003 0305RESOLUTION NO. 2003 -111 A RESOLUTION OF THE BOARD OF DIRECTORS OF THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK, CALIFORNIA, AUTHORIZING AN AMENDMENT TO THE FISCAL YEAR 2002/03 ADOPTED OPERATING BUDGET WHEREAS, on June 5, 2002, the Board of Directors adopted the operating budget for fiscal year 2002/03; and WHEREAS, certain additions and adjustments to the budget are proposed to allow for effective service delivery for the balance of the fiscal year; and WHEREAS, the Board of Directors now wishes to amend the 2002/03 fiscal year budget as noted in exhibit "A ". NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget amendment as described in Exhibit "A" attached hereto is hereby approved. SECTION 2. The Agency Secretary shall certify to the adoption of this resolution and shall cause a cerFt�ified resolution to be filed in the book ot� final resQ,f on s/ PASSED AND ADOPTED this 5th ATTEST: ��S Deborah S. Traffe eddtt Agency Secretary y of March, 29103 trick Hunt4r, Chair ES USHED MARCH 18, 1987 Attachment: Exhibit "A "- Moorpark Redevelopment Agency Mid Year Budget Amendment for the 2002/2003 Fiscal Year Resolution No. 2003 -111 Page 2 Exhibit "A" Moorpark Redevelopment Agency Mid Year Budget Amendment for the 2002/2003 Fiscal Year Current Revised Budget Unit Account Division Description Budget Change Budget Explanation MRA/Low Sale of 6479 -B 2901 9262 Mod Loss on sale 0 19,359 19,359 Penn St. residence MRA Econ. Special 2902 - 2410 -0000 9103 Devel professional 96,500 4,000 100,500 RPD -21 dues MRA Econ. Legal Legal services for 2902 - 2410 -0000 9123 Devel services 0 40,251 40,251 Mission Bell MRA Econ. Property Additional property 2902 - 2410 -0000 9252 Devel maintenance 7,500 5,000 12,500 maintenance fees MRA Econ. Rehabilitation Loan to Janss IV 2902 - 2410 -0000 9282 Devel loans 0 400,000 400,000 Recreation, Inc. Tax Required RDA shift of MRA Econ. Increment property tax revenues 2902 - 2410 -0000 9821 Devel T/O 0 84,114 67,291 to ERAF Total 552,724 Resolution No. 2003 -111 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. 2003- 111 was adopted by the Redevelopment Agency of the City of Moorpark at a regular meeting held on the 5th day of March, 2003 and that the same was adopted by the following vote: AYES: Agencymembers Harper, Mikos, Millhouse, Parvin and Chair Hunter NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 21St day of March, 2003. Deborah S. Traffensted`r, Agency Secretary PMEkT (seal) *[ ESTABUSHED t MARCH is, 1987 0 F