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HomeMy WebLinkAboutRES RD 2003 112 2003 0402RESOLUTION NO. 2003 -112 A RESOLUTION OF THE MOORPARK REDEVELOPMENT AGENCY BOARD OF DIRECTORS, MOORPARK, CALIFORNIA, AMENDING THE ADOPTED FY 2002/03 MOORPARK REDEVELOPMENT AGENCY BUDGET TO REVISE THE AMOUNTS OF THE APPROPRIATIONS AND BUDGET FOR PROJECT 8037: FLINN AVENUE REALIGNMENT [L. A. AVE. AOC FUND (FUND 2501) AND MRA AREA 1 OPERATIONS FUND (FUND 2902)] WHEREAS, on June 5, 2002, the Moorpark Redevelopment Agency Board of Directors adopted the Moorpark Redevelopment Agency Budget for Fiscal Year 2002/03; and WHEREAS, a staff report has been presented to the Moorpark Redevelopment Agency Board of Directors requesting a budget increase in the aggregate amount of $367,704, and in the specific amount of $183,852 in Agency funds; and WHEREAS, said staff report discusses certain fund transfers approved last fiscal year and the need to adjust same; and WHEREAS, Exhibit "A ", attached hereto and made a part hereof, describes said budget amendment and its resultant impacts to the budget line item(s). NOW, THEREFORE, THE MOORPARK REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That a Budget amendment in the aggregate increase of $367,704, and in the specific amount of $183,852 in Agency funds, as more particularly described in Exhibit "A" attached hereto, is hereby approved. SECTION 2. The City Clerk sha cer ' y o the ad tion of this resolution and shall cause a rtified olut'on t be filed in the book of original resolutions. PASSED AND ADOPTED this 2n day of Apr'l 20. . at f ter, ATTEST: ES j S * 18 HED Deborah S. Traffenst dt MARCH Agency Secretary OF Attachment: Exhibit 'A': Appropriation and Budget Detail it Resolution No. 2003-112 Page 2 Exhibit "A" Revised Appropriations & Budget For Project 8037: Flinn Avenue Realignment A. Fund Allocation B. FY 02/03 Budget Re-Cap Current Subject-, Revised FY 02/031 Appropriation FY 02/03! !Account Number (Reduction) Budget, ,2501.8310.8037.xxxx $210,1951 $ 183,8521 $394,0471 12902.8310.8037.xxxx 1 $210,1951 $ 183,852 $394,047 J, $420,3901 — ---------- $ 367,704 $788,094' i.Account Number C. Total Appropriations Re-Cap Reva.sed - --- - ------ FY 02/031, Prior Years Tota [Account Number i Budget' Expenditures Appropriations) 2501.8310.8037.xxxx $394,047 $ 19,805 13,852 i 2902.831 .80 7.xxxx i $394,047_ $ 19,805 $413,852 $788,0941 - ------ -- - - - - -- ----- --- - -- — - - ------ . $ 39,610' ..... $827,7041 D. Distribution of Appropriations to Expense Accounts — -- Current) --r- rentl � t SU 4 S t Subject IE -- --� Revised I FY 02/03 1 Appropri FY 02/031 i.Account Number Bud et (Reduction)! Budget_! ,2501.8310.8041.9601: Design 1 7-11,195 $ 0 $ 11, 195_1 2501.8310.8041.9610: Land 1 10,0001 $ --- -0---T- (10,000) $ 01 �fMM1 —0. 8.04_1.9640: —(f $174, --- __0 0- - 0 $ 173,852 $ 347, 852-] F_2501_8.3.10. 2 5M_. -8-3---10 _._8 --- O -1 -9- 6-5 0 1' n s­ 'p, $ 15,000 1 $ 20,000 $ 35,000! 210,195 $ 18 T_3, 8-5 2 - $ 394,047 ----- _47 _6__�_-T----_ f29 02. 83T6 OFb6sI - ----- - -- gn $ - 11,195 ----- 01 - $ - ---------- 11,1951 12902.8310.8041.9610: $ (10,000) 1 $ oil 2902. 8310. 8041 _._964_0_ —:C-o--nst . $ 174,OOCO $ 173,852 1 $ 3_47, 8 5-2-1 2902. 8310. 8041. i $ 15,000J i $ 20,000 1 $ 35,0001 L ----- --------------- - - - - -- 210,195 $ 183,8 394,047 Total Project i $ 420,390' $ 367,704: $ 788,094 Resolution No. 2003 -112 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- 112 was adopted by the Redevelopment Agency of the City of Moorpark at a regular meeting held on the 2nd day of April, 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 30th day of April, 2003. Deborah S. Traffens e t, Agency Secretary (seal) �Q --4Q_ ESTABLISHED �* OF