HomeMy WebLinkAboutRES RD 2003 135 2003 1203RESOLUTION NO. 2003 -135
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF MOORPARK, CALIFORNIA, RESCINDING
RESOLUTION NO. 2003 -121 AND AMENDING THE FISCAL
YEAR 2003/2004 CAPITAL IMPROVEMENT PROJECT
BUDGET BY APPROPRIATING $457,500 FROM THE
HOUSING SETASIDE FUND FOR CONSTRUCTION OF 3
DWELLING UNITS BY COLMER CONSTRUCTION
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, on June 41 2003, the Moorpark Redevelopment Agency
adopted Resolution No. 2003 -121 to purchase 3 single family
homes from Colmer Construction at a total cost of $457,500; and
WHEREAS, the Moorpark Redevelopment Agency wishes to
rescind said Resolution No. 2003 -121; and
WHEREAS, on June 18, 2003, the Moorpark Redevelopment
Agency adopted the budget for Fiscal Year 2003/2004; and
WHEREAS, on November 21, 2001, the Moorpark Redevelopment
Agency acquired a .33 acre parcel for the development of
affordable homes in furtherance of the goals of the City of
Moorpark's General Plan Housing Element; and
WHEREAS, the .33 acre site was made a part of Tentative
Tract Map No. 5307 through approval of a Major Modification,
approved by the City of Moorpark on November 6, 2002; and
WHEREAS, Colmer Construction intends to construct twenty -
two (22) single family detached homes, and an additional three
(3) homes of the same design on the .33 acre site; and
WHEREAS, the Moorpark Redevelopment Agency Board of
Directors now wishes to amend the adopted budget to reflect the
cost to cause three (3) dwelling units to be constructed on its
.33 acre site by Colmer Construction, in the amount of $382,500
for construction costs, plus $75,000 for associated City
Development fees, for a total cost of $457,500 from the Housing
Setaside Fund.
Resolution No. 2003 -135
Page 2
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF
MOORPARK DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. A budget amendment in the total amount of
$457,500 from the Housing Setaside Fund, with $382,500 to
Construction of Buildings and $75,000 to Construction Permits
and Licenses, 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 Resolutions.
PASSED AND ADOPTED this 3rd day
ATTEST:
Deborah S.
Traffenste
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Agency Secretar
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Attachment: Attachment "A" - Budget Amendment Detail
Resolution No. 2003 -135
Page 3
EXHIBIT A
BUDGET AMENDMENT FOR
MRA HOUSING
2003 -04
FUND ALLOCATION FROM:
Fund
Account Number
Amount
MRA- Housing
2901 -5500
$ 457,500.00
$ 382,500.00
$ 382,500.00
2901 - 2420 - 2011 -9603
Total
$ 75,000.00
$ 457,500.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number
Current Budget
Revision
Amended Budget
2901 - 2420 - 2011 -9620
$ -
$ 382,500.00
$ 382,500.00
2901 - 2420 - 2011 -9603
$ 75,000.00
$ 75,000.00
$ -
Total
$ -
$ 457,500.00
$ 457,500.00
Resolution No. 2003 -135
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-
135 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 3rd day of December,
2003, and that the same was adopted by the following vote:
AYES: Agency Members
and Chair Hunter
NOES: None
ABSENT: None
ABSTAIN: None
Harper, Mikos, Millhouse, Parvin
WITNESS my hand and the official seal of said City this 5th
day of December, 2003.
':D
Deborah S. Traffensted
Agency Secretary
(seal
ESTABUSHM
wmi is. 1987