HomeMy WebLinkAboutRES RD 2005 151 2005 0921RESOLUTION NO. 2005 -151
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE
CITY OF MOORPARK, CALIFORNIA, AMENDING THE
FISCAL YEAR 2005/2006 BUDGET BY APPROPRIATING
$638,000 FROM THE MRA AREA I - OPERATIONS FUND
FOR (2902) ACQUISITION OF 347 MOORPARK AVENUE
WHEREAS, on June 15, 2005, the Moorpark Redevelopment
Agency Board of Directors adopted the Moorpark Redevelopment
Agency budget for Fiscal Year 2005/2006; and
WHEREAS, the Redevelopment Agency of the City of Moorpark
desires to purchase property known as 347 Moorpark Avenue in the
City of Moorpark, for the purpose of widening Moorpark Avenue; and
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 347 Moorpark Avenue, for the
acquisition cost of $635,000, plus $3,000 for estimated escrow
costs, for a total cost of $638,000 from the MRA Area I -
Operations Fund.
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
$638,000 from the MRA Area I - Operations Fund, with $635,000
for Building Acquisition and $3,000 for Special Professional
Services, as more particularly described in Exhibit "A ",
attached hereto, is hereby approved.
SECTION 2. The Agency
adoption
resolution
of this resolution
to be filed in the t
Se e t a r shall certify to the
and sha 1 c se certified
ok of on final esolztions .
PASSED AND ADOPTED this /21st da
2005.
trick Hunter, Chair
ATTEST:
�.
ES g �.1J"FEED
Deborah S. Traffensted , Agency Secretary`s'`"
Attachment: "A" Budget Amendment Detail F cgUFOa�
�'voF �!°
Resolution No. 2005 -151
Page 2
EXHIBIT A
BUDGET AMENDMENT FOR
MRA AREA I - OPERATIONS
2005 -06
FUND ALLOCATION FROM:
Fund
Account Number
Amount
MRA Area I - Operations
2902 -5500
638,000.00
635,000.00
935,000.00
2902 - 2410 - 0000 -9103
Total
3,000.00
638,000.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number
Current
Budget
Revision
Amended
Budget
2902 - 8310 - 8040 -9610
300,000.00
635,000.00
935,000.00
2902 - 2410 - 0000 -9103
109,500.00
3,000.00
112,500.00
Total
409,500.00
638,000.00
1,047,500.00
Resolution No. 2005 -151
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. 2005-
151 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 21st day of September,
2005, and that the same was adopted by the following vote:
AYES: Agency Members,
Vice Chair Harper
NOES: None
ABSENT: Chair Hunter
ABSTAIN: None
Mikos, Millhouse, Parvin, and
WITNESS my hand and the official seal of said City this
30th day of September, 2005.
Deborah S. TraffenstVdt,
Agency Secretary
(seal)
4"c
w
FD
O
A7