HomeMy WebLinkAboutRES RD 2004 136 2004 0121RESOLUTION NO. 2004 -136
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF MOORPARK, CALIFORNIA, AMENDING THE
FISCAL YEAR 2003/2004 CAPITAL IMPROVEMENT
PROJECT BUDGET BY APPROPRIATING $350,000 FROM
THE HOUSING SETASIDE FUND FOR ACQUISITION OF 81
CHARLES STREET
WHEREAS,
Agency Board
Agency budget
on June 18, 2003, the Moorpark
of Directors adopted the Moorpark
for Fiscal Year 2003/2004; and
WHEREAS, the Redevelopment Agency of
desires to purchase property known as 81
City of Moorpark, in furtherance of
encourage the development and provision
and consistent with the goals of the City
Plan Housing Element; and
Redevelopment
Redevelopment
the City of Moorpark
Charles Street in the
Agency objectives to
of affordable housing
of Moorpark's General
WHEREAS, the Board of Directors of the Redevelopment Agency
of the City of Moorpark now wishes to amend the adopted budget
to reflect the cost to purchase 81 Charles Street, for the
acquisition cost of $337,500, plus $2,500 for estimated escrow
costs, and $10,000 to prepare the property for rental, for a
total cost of $350,000 from the Housing Setaside Fund.
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF
MOORPARK DOES HEREBY RESOLVE AS FOLLOWS:
SECTION L. A budget amendment in the total amount of
$350,000 from the Housing Setaside Fund, with $337,500 for
Building Acquisition, $2,500 for Special Professional Services,
and $10,000 for Property Maintenance, as more particularly
described in Exhibit "A ", attached hereto, is hereby approved.
Resolution No. 2004 -136
Page 2
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 21
ATTEST:
Deborah S. Traffenste , Agency Secretary
Opp"
*t ECM 18 1W
Attachment: Exhibit "A" - Budget Amendment Detail
Resolution No. 2004 -136
Page 3
EXHIBIT A
BUDGET AMENDMENT FOR
MOORPARK REDEVELOPMENT AGENCY HOUSING
2003 -2004
FUND ALLOCATION FROM:
Fund
Account Number
Amount
MRA - Housing
2901 -5500
$ 370,000.00
Total
$ 370,000.00
i
DISTRIBUTION OF APPROPRIATION
TO EXPENSE ACCOUNTS:
Account Number
Current Budget
Revision
Amended Budget
2901 - 2420 - 0000 -9612
$ -
$ 337,500.00
$ 337,500.00
2901 - 2420 - 0000 -9103
$ 20, 000.00
$ 2,500.00
$ 22, 500.00
2901 - 2420 - 0000 -9252
$ -
$ 10, 000.00
$ 10, 000.00
$ -1
Total
$ 20,000.00
$ 350,000.00
$ 370,000.00
Resolution No. 2004 -136
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. 2004-
136 was adopted by the Redevelopment Agency of the City of
Moorpark at a special meeting held on the 21st day of January,
2004 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
18th day of February, 2004.
Deborah S. Traffenstrdf,
Agency Secretary
(seal) PMElyT���
07�
ESTABLISHED
�\® MARCH 18,1 8 �
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