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HomeMy WebLinkAboutRES RD 2003 122 2003 0604RESOLUTION NO. 2003 -122 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FY 2002/03 BUDGET BY APPROPRIATING $150,000 FROM THE GENERAL FUND (1000- 5500); $50,000 FROM THE TRAFFIC SYSTEM MANAGEMENT FUND (2001- 5500); $50,000 FROM THE CITY -WIDE TRAFFIC MITIGATION FUND (2002 -5500) AND $50,000 FROM THE REDEVELOPMENT AGENCY FUND (2902 -5500) TO THE COMMUNITY DEVELOPMENT FUND (2200 -5500) WHEREAS, on June 5, 2002, the Redevelopment Agency Board of Directors adopted the budget for Fiscal Year 2002/03; and WHEREAS, a deficit is projected in the Community Development Fund for Fiscal Year ending June 30, 2003; and WHEREAS, the Community Development Fund is entitled to be reimbursed from other Funds that it has served; and WHEREAS, Exhibit "A" hereof describes said necessary budget amendment and its resultant impacts to the budget line item(s). NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget amendment appropriating $300,000 from the Funds listed above to the Community Development Fund as more particularly described in Exhibit "A" attached hereto is hereby approved. SECTION 2. The Agency Secretary shall certify to the adoption of this resolution and shall cause a certified resolution to be filed in the book of original resoy$tior14 PASSED AND ADOPTED this 4th /day of June,�2 (/3 atrick'Hiffnter, Chair ATTEST: Deborah S. Traffensted`rr'Agency Secretary Attachment: Exhibit "A "- Budget Amendment �OPMEI ? c ESTABLISHED MARCH 18, 1987 Q Q /FOAL\ Q 0/ OF �p0 Resolution No. 2003 -122 Page 2 EXHIBIT A BUDGET AMENDMENT FOR COMMUNITY DEVELOPMENT FY 2002 -03 FUND ALLOCATION FROM: Fund Account Number Amount General 1000 -5500 $ 150,000.00 Traffic System Management 2001 -5500 $ 50,000.00 City-Wide Traffic Mitigation 2002 -5500 $ 50,000.00 Redevelopment Agency 2902 -5500 $ 50,000.00 Total 50,000.00 $ 300,000.00 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Revision Amended Budget 1000 - 6100 - 0000 -9820 $ - $ 150,000.00 $ 150,000.00 2001 - 6100 - 0000 -9820 $ - $ 50,000.00 $ 50,000.00 2002 - 6100 - 0000 -9820 $ - $ 50,000.00 $ 50,000.00 2902 - 6100 -0000 -9820 $ - $ 50,000.00 $ 50,000.00 Total $ - $ 300,000.00 $ 300,000.00 DISTRIBUTION OF APPROPRIATION TO REVENUE ACCOUNTS: Account Number Current Budget Revision Amended Budget 2200 -3720 $ - $ 300,000.00 $ 300,000.00 Resolution No. 2003 -122 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- 122 was adopted by the Redevelopment Agency of the City of Moorpark at a regular meeting held on the 4th day of June, 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. 1 �- Deborah S. TraffenstecKy Agency Secretary (seal) VpPMENT41 �O yv ESTVILZHED MARCH 18, 1987 ,A q�,Fo�,a Q Ir Coy OF