HomeMy WebLinkAboutRES RD 2003 118 2003 0521RESOLUTION 2003 -118
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF MOORPARK, CALIFORNIA, AMENDING
THE ADOPTED FY 02/03 MOORPARK REDEVELOPMENT
AGENCY BUDGET TO PROVIDE FOR A LOAN IN THE
AMOUNT OF $350,000 TO JANSS IV RECREATION
FOR THE THEATER ON HIGH STREET PROJECT
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 March 5, 2003, the Moorpark Redevelopment
Agency Board of Directors approved a loan of $350,000 to Janss
IV Recreation for the Theater on High Street Project to be
funded by Moorpark Redevelopment funds; and
WHEREAS, the Moorpark Redevelopment Agency Board of
Directors now wishes to amend the adopted budget to reflect the
cost for a $350,000 loan to Janss IV Recreation for the Theater
on High Street Project 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
$350,000
hereto,
in Agency funds,
is hereby approved.
budget amendment in the amount of
as described in Exhibit "A" attached
SECTION 2. The Agency Se c re shall certify to the
adoption of this resolution an steal cge"r rtified
resolution to be filed in the book of origi al .
PASSED AND ADOPTED this 21St day of M
a rick
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ATTEST- ^ S. i 0Q4, FyL
Deborah S. Traffenstedt, Age cy Secretary * ESTF,. ED *
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Attachment: Exhibit "A "- Budget Amendment Detail C/ OFIA
Resolution No. 2003 -118
Page 2
EXHIBIT A
BUDGET AMENDMENT DETAIL
r ullu-L11Cy JULL.LC.:CS
Funding Source Account Amount
MRA Area 1- Increment & Other 2902 $350,000
Appropriations
Current New
Budget Budget
Budget Unit Object Amount Change Amount
2902 - 2410 -0000 9282 $400,000 $350,000 $750,000
Resolution No. 2003 -118
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-
118 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 21St 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 14th
day of July, 2003.
Deborah S. Traf fenstec[tt,
Agency Secretary
(seal)
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o�J CF2
ESTABLISHED
NCH 18, 1
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