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HomeMy WebLinkAboutRES RD 2003 131 2003 1015RESOLUTION NO. 2003 -131 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2003/04 BUDGET TO REVISE THE AMOUNTS OF THE APPROPRIATIONS AND BUDGET FOR PROJECT 8041: CORPORATION YARD [MRA BOND PROCEEDS (2904) ] WHEREAS, on June 18, 2003, the Moorpark Redevelopment Agency (MRA) adopted the Budget for Fiscal Year 2003/04; and WHEREAS, a staff report has been presented to the City Council and the MRA requesting a budget increase in the aggregate amount of $2,118,415; and WHEREAS, that action included a transfer of funds to the MRA in the amount of $657,623 and the release of other prior year unexpended MRA appropriations in the amount of $175,577; 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 REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That a Budget amendment which includes a fund transfer to the MRA in the amount of $657,623 and the release of unexpended prior year MRA appropriations in the amount of $175,577, as more particularly described in Exhibit "A ", 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 rams. PASSED AND ADOPTED this ATTEST: Deborah S. Traffenst Agency Secretary 15th ,clay of Octob6r, i i I iuj�t¢r, Chair ENl'�°f� ESTABLISHED MARCH 18,1987 '�F "" Attachment: Exhibit 'A': Appropriation and Budget Detail Resolution No. 2003-131 Page 2 Revised Appropriations & Budget For Project 8041: Corporation Yard Exhibit "A" Aiii6u- n t $2,038,873, $2,118,415 (657, - 62 $1,460,792 C. FY 03/04 Budget Re-Cap (8,458) -- Curren i ------------ Subject, ,260,816 :Vev-lse&� FY 03/041 Appropriationi FY 03/04. �Account Number Budget, (Reduction) Budget: 2605.8310.8041.xxxx -8 $ 447, 850 255,119 $ 702,969 10 8­ 0 -1 x--*xxx $2,334,0111; ........... $ 1,381,250 . . 2904 .8310.8041.xxxx $ 175,577 1 $ (175,577): $ 0. $2,957,438 1 $ 1,460,792 $ 4,418,230 D. Total Appropriations Re-Cap Revisedi FY 03/04 Prior Years i Totali Account Number Budget] Expenditures Appropriations', 2605.8310.8041.x7xx $ 702,969 1 $ 284,939 $ 987,908 iT 2800.8310.8041.xxxx $3,715,261 1,623 $ 4,372,884 . . . ....... . ......... $4,418,230! $ 942,562' $ 5,360,792; E. Distribution of ,Account Number 12605.8310.8041 X2800.8310.8041 Design Design iations to Expense Accounts .. .. .. ........... Current; Subject FY 03/04 Appropriation Budget! / (Reduction) 81,861 194,827 $ $ (1,392) (7,066) (8,458) ,260,816 $ 1,494,827 .2605.8310.8041.9650: Insp. $ 30,00 2800 8310 .8041.9650: Insp. $ 170,000 $ 127,500 200,000 $ 150,000 Total Project $2,781,861 $ 1,636,369 - - --­-­--- ...... - ­­­ Re . vised FY 03/04 Budget 80,469 4,418,230 Resolution No. 2003 -131 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- 131 was adopted by the Redevelopment Agency of the City of Moorpark at a regular meeting held on the 15th day of October, 2003 and that the same was adopted by the following vote: AYES: Agency Members Harper, Mikos, Millhouse, Parvin and Chair Hunter NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 31st day of October, 2003. „ ,&,(& 9. Deborah S. Traffenstedt', Agency Secretary (seal) ���pPt�SENT� * L,„. - -SHED MARCH' s 1.1907 0 OF