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HomeMy WebLinkAboutRES RDA 2007 177 2007 0718RESOLUTION NO. 2007 -177 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK, CALIFORNIA, APPROVING ACQUISITION OF 1095 WALNUT CANYON, ACCEPTANCE OF GRANT DEED, AND AMENDING THE FISCAL YEAR 2007/2008 BUDGET BY APPROPRIATING $50,000.00 FROM THE MRA LOW /MOD HOUSING FUND (2901) TO THE MRA LOW /MOD HOUSING BUDGET WHEREAS, the City Council of the City of Moorpark, adopted the Redevelopment Plan for the Moorpark Redevelopment Project on July 5, 1989, by Ordinance No. 110, in accordance with the California Community Redevelopment Law (CCRL; Health and Safety Code Section 33000 et seq.); and WHEREAS, CCRL Section 33342 provides that redevelopment plans may include authority for the Agency to acquire by gift, purchase, lease or condemnation, all or part of real property in the Project Area; and WHEREAS, the Redevelopment Agency of the City of Moorpark desires to purchase property known as 1095 Walnut Canyon in the City of Moorpark, for the purpose of affordable housing activities. NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. The Agency Secretary shall accept and consent to the recordation of the grant deed. SECTION 2. A budget amendment in the amount of $50,000.00 from the MRA Low /Mod Income Housing Operations Fund, as more particularly described in Exhibit "A ", attached hereto, is hereby approved for property acquisition. SECTION 3. The Agency Secretary s certify tot adoption of his re and shall cause a certified resolution to be f' ed in the book ol original tion PASSED AND ADOPTED this 1 ATTEST: � Duw� S. - 1^4 Deborah S. Traffenstedt, Ai day of July, 2007. Secretary Attachment: Exhibit A — Budget Amendment ESTABLISHED MARCH 18, 1987 r ,Q \ fC� /FOR��Q \7y OF Resolution No. 2007 -177 Page 2 EXHIBIT A BUDGET AMENDMENT FOR MRA LOW /MOD INCOME HOUSING - OPERATIONS 2007/08 FUND ALLOCATION FROM: Fund Account Number Amount $ _MRA Low /Mod Income Housing - Operations 2901 -5500 50,000.00 Total , 50.000.00 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: F � Amended _ Account Number Current Bud et Revision Budget 2901 - 2420 - 5032 -9612 1,357,000.00 50,000.00 1,407,000.00 Total 1,357,000.00 50,000.00 1,407,000.00 i Resolution No. 2007 -177 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. 2007 -177 was adopted by the Redevelopment Agency of the City of Moorpark at a regular meeting held on the 18th day of July, 2007, and that the same was adopted by the following vote: AYES: Agency Members Millhouse NOES: None ABSENT: Chair Hunter ABSTAIN: None Mikos, Parvin, Van Dam, and Vice Chair WITNESS my hand and the official seal of said City this 27th day of July, 2007. Deborah S. Traffenstedt, Agency Secretary (seal) PldElytq cc ESTABLrSHED MARCH 18,1987 ¢c< /FOR 40� �7Y OF CA .