HomeMy WebLinkAboutRES RD 2003 115 2003 0507RESOLUTION 2003 -115
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF MOORPARK, CALIFORNIA, AMENDING
THE ADOPTED FY 2002/03 MOORPARK
REDEVELOPMENT AGENCY BUDGET TO ACQUIRE THE
PROPERTY AT 47 -51 WEST HIGH STREET
WHEREAS, on June 5, 2002, the Moorpark Redevelopment Agency
Board of Directors adopted the Moorpark Redevelopment Agency
budget for Fiscal Year 2002/2003; and
WHEREAS, the Moorpark Redevelopment Agency Board of
Directors approved a Redevelopment Agency budget to be funded by
Moorpark Redevelopment Tax Increment funds; and
WHEREAS, on December 2, 2002, the Moorpark Redevelopment
Agency Board of Directors authorized the acquisition of the
property at 47 -51 West High Street; and
WHEREAS, on May 7, 2003, the Moorpark Redevelopment Agency
Board of Directors approved an Agreement for Purchase and Sale
of the Property with Monte Lewis Abbath; and
WHEREAS, the Moorpark Redevelopment Agency Board of
Directors now wishes to amend the adopted budget to reflect the
cost for the acquisition of 47 -51 West High Street totaling
$355,000 using Moorpark Redevelopment Tax Increment Funds.
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF
MOORPARK DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. That a
$301,000
hereto,
in Agency funds,
is hereby approved.
budget amendment in the amount of
as described in Exhibit "A" attached
SECTION 2. The Agency Secretary shall certify to the
adoption
resolution
of this resolution and shall cause a certified
to be filed in the book of original resolutions.
Resolution No. 2003 -115
Page 2
PASSED AND ADOPTED this 7th da}
ATTEST:
Deborah S. Traffen
Agency Secretary
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ESTASHED
dt, „
MARCH 18,1087
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Attachment: Exhibit "A" Budget Amendment Detail
Resolution No. 2003 -115
Page 3
EXHIBIT A
BUDGET AMENDMENT DETAIL
r uiiuiiiy ODU.L :e5
Funding Source Account Amount
MRA Area 1- Increment & Other 2902 $ 301,000
Appropriations
Current New
Budget Budget
Budget Unit Object Amount Change Amount
4001- 2100 -2007 9610 $ 54,000 $301,000 $355,000
Resolution No. 2003 -115
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. 2003-
115 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 7th day of May, 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 27th
day of May, 2003.
� Dl S. J�-- ��� -
Deborah S. Traffenste ,
Agency Secretary
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