HomeMy WebLinkAboutRES RDA 2007 185 2007 1107RESOLUTION NO. 2007 -185
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF MOORPARK, CALIFORNIA, APPROVING
ACQUISITION OF 1293 & 1331 WALNUT CANYON,
ACCEPTANCE OF GRANT DEED, AND AMENDING THE
FISCAL YEAR 2007/2008 BUDGET BY APPROPRIATING
$915,460.00 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, on June 20, 2007, the Board of Directors adopted the Agency
budget for Fiscal Year 2007/2008; 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 the properties known as 1293 & 1331 Walnut Canyon in the City of Moorpark,
for the purpose of affordable housing activities; and
WHEREAS, a budget amendment is needed to fund the purchase of said
properties.
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 $915,460.00 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 shall certify to the adoption of this
resolution and shall cause a certified resolution to be filed in the book of original
resolutions.
Resolution No. 2007 -185
Page 2
PASSED AND ADOPTEE
ATTEST:
S. 1
Deborah S. Traffenste , Agency
Attachment: Exhibit "A" —
Budge. , .....,........,...
Resolution No. 2007 -185
Page 3
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 - O erations
2901 -5500
$ 915,460.00
$ 915,460.00
$ 2,797,460.00
Total
$ 915,460.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number
Current Budget
Revision
Amended
Budget
2901- 2420 - 5032 -9612
$ 1,882,000.00
$ 915,460.00
$ 2,797,460.00
Total
$ 1,882,000.00
$ 915,460.00 j
$ 2,797,460.00
Resolution No. 2007 -185
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. 2007 -185 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 7th day of November, 2007, and that the
same was adopted by the following vote:
AYES: Agency Members Mikos, Parvin, Van Dam, and Chair Hunter
NOES: None
ABSENT: Agency Member Millhouse
ABSTAIN: None
2007.
WITNESS my hand and the official seal of said City this 5th day of December,
r
Deborah S. Traffenstedt,
Agency Secretary
(seal)