HomeMy WebLinkAboutRES RDA 2007 186 2007 1205RESOLUTION NO. 2007 -186
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF MOORPARK, CALIFORNIA, APPROVING
ACQUISITION OF 33 HIGH STREET, ACCEPTANCE OF
GRANT DEED, AND AMENDING THE FISCAL YEAR
2007/2008 BUDGET BY APPROPRIATING $955,000.00
FROM THE MRA AREA I - OPERATIONS (2902) TO THE
MRA ECONOMIC DEVELOPMENT 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 33 High Street in the City of Moorpark, for the purpose of
economic development activities; and
WHEREAS, on June 20, 2007, the Board of Directors adopted the Budget for
Fiscal Year 2007/2008, and
WHEREAS, a staff report has been presented to the Board of Directors
requesting a budget adjustment in the aggregate amount of $955,000.00; and
WHEREAS, Exhibit "A ", attached hereto and made a part hereof, describe said
budget amendments and their resultant impacts to the budget line item(s).
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF
MOORPARK DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. Agency Board hereby approves acquisition of 33 High Street and
directs the Agency Secretary to accept and consent to the recordation of the grant
deed.
SECTION 2. A budget amendment in the amount of $955,000.00 from the
MRA Area - 1 Operations Fund, as more particularly described in Exhibit "A ", attached
hereto, is hereby approved for property acquisition.
Resolution No. 2007 -186
Page 2
SECTION 3. The Agency Secretary shall certify to the adoption of this
resolution and shall cause a certified re to be filed in the book ¢f original
Resolutions. /
PASSED AND ADOPTED thiX 5th day of Decglmber, 2007.
a rick Hunter, hair
ATTEST: -
Deborah S. Traffenstedt, A ency Secretary AB
NVIMH 19. 1987
i�
Attachment: Exhibit "A" — Budget Amendment
Resolution No. 2007 -186
Page 3
EXHIBIT A
BUDGET AMENDMENT FOR
MRA AREA I - OPERATIONS
2007 -08
FUND ALLOCATION FROM:
Fund
Account Number
Amount
MRA Area I - Operations
2902 -5500
$ 955,000.00
$ 955,000.00
$ 955,000.00
Total
$ 955,000.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number
Current
Budget
Revision
Amended Budget
2902 - 2410 - 0000 -9610
$ -
$ 955,000.00
$ 955,000.00
Total
$ -
$ 955,000.00
$ 955,000.00
Resolution No. 2007 -186
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 -186 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 5th day of December, 2007, and that the
same was adopted by the following vote:
AYES: Agency Members Mikos, Millhouse, Parvin, Van Dam, and Chair
Hunter
NOES: None
ABSENT: None
ABSTAIN: None
2007.
WITNESS my hand and the official seal of said City this 14th day of December,
✓1� G. 1-�y
Deborah S. Traffenstedt,
Agency Secretary
(seal)