HomeMy WebLinkAboutRES RD 2004 140 2004 0616RESOLUTION NO. 2004 -140
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF MOORPARK, CALIFORNIA, ADOPTING THE
OPERATING AND CAPITAL IMPROVEMENT BUDGET FOR THE
MOORPARK REDEVELOPMENT AGENCY FOR THE FISCAL YEAR
2004 -2005
WHEREAS, on May 19, 2004 the City Manager /Executive
Director's Recommended Budget for Fiscal Year 2004 -2005 was
submitted to the City Council and Agency Board of Directors
for its review and consideration; and
WHEREAS, the Board of Directors has provided the
opportunity for public comment at a public meeting held May
26, 2004, and conducted detailed review of expenditure
proposals; and
WHEREAS, as the result of the reviews and analysis,
expenditure proposals and revenue projections have been
modified as needed.
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY
OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The Operating and Capital Improvements
Budget for Fiscal Year 2004 -2005 (beginning July 1, 2004)
for the City of Moorpark Redevelopment Agency containing
operating and capital expenditures and anticipated revenues
as identified in Exhibit "A" to this resolution, attached
hereto and incorporated herein, shall be adopted as the
City of Moorpark Redevelopment Agency's Operating and
Capital Improvements Budget for Fiscal Year 2004 -2005.
SECTION 2. The Executive Director is authorized to
amend the capital improvement budget for the 2004 -2005
fiscal year at the conclusion of the 2003 -2004 fiscal year
when a final accounting of project costs during the 2003-
2004 year is complete and continuing appropriations are
determined, as long as the total project appropriation
authorized by the Board of Directors is not exceeded.
Resolution NO. 2004 -140
Page 2
SECTION 3. The Executive Director is authorized to
approve appropriation transfers within departments and
within individual funds as required to provide efficient
and economical services, as long as the total department
appropriation and fund appropriation authorized by the
Board of Directors is not exceeded.
SECTION 4. Except as otherwise provided in this
resolution, amendments to appropriations in the Fiscal Year
2004 -2005 Operating and Capital Improvements Budget shall
require Board action by resolution.
SECTION 5. The Executive Director is authorized to
make such emergency appropriations as may be necessary to
address emergency needs of the Agency, provided that the
appropriation is presented to the Board of Directors at its
next regular meeting for ratification.
SECTION 6. Administrative and planning expenditures,
including direct salaries, indirect overhead charges, and
other similar costs, are necessary for the production,
improvement, and preservation of low- and moderate - income
housing.
SECTION 7. The Agency
adoption of this resolution
resolution to be filed in the
PASSED AND ADOPTED 1
ATTEST:
Secretary shall certify to the
and shall cause a certified
f original Resolutions.
l
Deborah S. Traffenste
Agency Secretary
�k
Attachment: Exhibit "A"
ESTABLISHED J*
MARCH 18,1$87
OF
Resolution NO. 2004 -140
Page 3
Exhibit A
Operating and Capital Improvements Budget
For the Moorpark Redevelopment Agency
Fiscal Year 2004 -2005
On File in the City Clerk's Department
Resolution NO. 2004 -140
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 -140 was adopted by the
Redevelopment Agency of the City of Moorpark at a regular
meeting held on the 16th day of June, 2004 and that the
same was adopted by the following vote:
AYES:
Agency Members Harper,
Parvin and Chair Hunter
NOES:
None
ABSENT:
None
ABSTAIN:
None
Mikos, Milihouse,
WITNESS my hand and the official seal of said City
this 22nd day of June, 2004.
Deborah S. Traffenste ,
Agency Secretary
(seal)
ESTABLISHED
MARCH 18,19S7
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