HomeMy WebLinkAboutRES RD 2005 153 2005 1116RESOLUTION NO. 2005 -153
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF MOORPARK, CALIFORNIA, AMENDING
THE FISCAL YEAR 2005/06 BUDGET BY
APPROPRIATING $221,000 FROM THE LOW /MOD
INCOME HOUSING - OPERATIONS (2901) FUND FOR
ACQUISITION OF 81 FIRST STREET
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 81 First Street in the
City of Moorpark, for affordable housing purposes; and
WHEREAS, the Board of Directors
of the City of Moorpark now wishes
to reflect the cost to purchase
acquisition cost of $218,600, plus
costs, for a total cost of $221,000
Housing - Operations Fund.
of the Redevelopment Agency
to amend the adopted budget
81 First Street, for the
$2,400 for estimated escrow
from the MRA Low /Mod Income
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
$221,000 from the MRA Low /Mod Income Housing - Operations Fund,
as more particularly described in Exhibit "A ", attached hereto,
is hereby approved.
Resolution No. 2005 -153
Page 2
SECTION 2. The Agency
adoption of this resolution
resolution to be filed in the h
Secretary shall certify to the
and l cause a certified
of origi al Resolutions.
PASSED AND ADOPTED this /6th day of Noiember, _04 .
ATTEST:
Deborah S. Traffenstedt;
rick Hunter]; Chair
MI ENT
gency Secretary` *t ESTABLISHED
MARCH 18,1987
"'rY OF
Attachment: Exhibit "A" - Budget Amendment Detail
Resolution No. 2005 -153
Page 3
EXHIBIT A
BUDGET AMENDMENT FOR
MRA LOW /MOD INCOME HOUSING - OPERATIONS
2005 -06
FUND ALLOCATION FROM:
Fund
Account Number
Amount
MRA Low /Mod Income Housing - Operations-
2901 -5500
$ 221,000.00
$ 218,600.00
$ 218,600.00
2901- 2420 - 0000 -9102
Total
$ 2,400.00
$ 221,000.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number
Current Budget
Revision
Amended Budget
2901- 2420 - 5029 -9610
$ -
$ 218,600.00
$ 218,600.00
2901- 2420 - 0000 -9102
$ 9,200.00
$ 2,400.00
$ 11,600.00
$ -
Total
$ 9,200.00
$ 221,000.00
1 $ 230,200.00
Resolution No. 2005 -153
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-
153 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 16th day of November,
2005, and that the same was adopted by the following vote:
AYES: Agency Members Harper, Millhouse, Parvin and Vice
Chair Mikos
NOES: None
ABSENT: Chair Hunter
ABSTAIN: None
WITNESS my hand and the official seal of said City this
18th day of November, 2005.
Deborah S. Traffenste t,
Agency Secretary
(seal)
* ( �u8 HW7
Of