HomeMy WebLinkAboutRES RD 2005 147 2005 0615RESOLUTION NO. 2005 -147
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
2005 -2006
WHEREAS, on May 18, 2005 the City Manager /Executive
Director's Recommended Budget for Fiscal Year 2005 -2006 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 on
May 25, 2005, 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 2005 -2006 (beginning July 1, 2005)
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 2005 -2006.
SECTION 2. The Executive Director is authorized to
amend the capital improvement budget for the 2005 -2006
fiscal year at the conclusion of the 2004 -2005 fiscal year
when a final accounting of project costs during the 2004-
2005 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. 2005 -147
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
2005 -2006 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 Secretary shall certify to the
adoption of this resolution shall cause a certified
resolution to be filed in e book f original Resol;dtions.
PASSED AND ADOPTED this 15th dak of /ne// �00/ .
ATTEST:
"ick Hun&p�-!C
Deborah S. Traffenst
�u�, n j-11uy -)ecrezary
Attachment: Exhibit "A"
ESTABLISHED
MARICH its, 1%7
F
Resolution No. 2005 -147
Page 3
Exhibit A
Operating and Capital Improvements Budget
For the Moorpark Redevelopment Agency
Fiscal Year 2005 -2006
On File in the City Clerk's Division
Resolution No. 2005 -147
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. 2005 -147 was adopted by the
Redevelopment Agency of the City of Moorpark at a regular
meeting held on the 15th day of June, 2005, 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 23rd day of June, 2005.
Deborah S. Traffenst t,
Agency Secretary
(seal)
ESTABLISHED
MARCH 18,1987