HomeMy WebLinkAboutRES RDA 2008 196 2008 0702RESOLUTION NO. 2008 -196
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF MOORPARK, CALIFORNIA, ADOPTING THE
OPERATING AND CAPITAL IMPROVEMENT BUDGET
FOR THE MOORPARK REDEVELOPMENT AGENCY FOR
THE FISCAL YEAR 2008/2009
WHEREAS, on June 4, 2008 the City Manager /Executive Director's
Recommended Budget for Fiscal Year 2008/2009 was submitted to the City Council and
Agency Board of Directors for its review and consideration; and
WHEREAS, the Board of Directors has provided the opportunity for public
comment at a public meeting held on June 11, 2008, and conducted detailed review of
expenditure proposals; and
WHEREAS, as the result of the reviews and analysis, expenditure proposals and
revenue projections have been modified as needed.
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF
MOORPARK DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The Operating and Capital Improvements Budget for Fiscal Year
2008/2009 (beginning July 1, 2008) for the City of Moorpark Redevelopment Agency
containing operating and capital expenditures and anticipated revenues as identified in
Exhibit "A" to this resolution, attached hereto and incorporated herein, shall be adopted
as the City of Moorpark Redevelopment Agency's Operating and Capital Improvements
Budget for Fiscal Year 2008/2009.
SECTION 2. The Executive Director is authorized to amend the capital
improvement budget for the Fiscal Year 2008/2009 at the conclusion of the Fiscal Year
2007/2008 when a final accounting of project costs during the Fiscal Year 2007/2008 is
complete and continuing appropriations are determined, as long as the total project
appropriation authorized by the Board of Directors is not exceeded.
SECTION 3. The Executive Director is authorized to approve appropriation
transfers within departments and within individual funds as required to provide efficient
and economical services, as long as the total department appropriation and fund
appropriation authorized by the Board of Directors is not exceeded.
SECTION 4. Except as otherwise provided in this resolution, amendments to
appropriations in the Fiscal Year 2008/2009 Operating and Capital Improvements
Budget shall require Board action by resolution.
Resolution No. 2008 -196
Page 2
SECTION 5. The Executive Director is authorized to make such emergency
appropriations as may be necessary to address emergency needs of the Agency,
provided that the appropriation is presented to the Board of Directors at its next regular
meeting for ratification.
SECTION 6. Administrative and planning expenditures, including direct
salaries, indirect overhead charges, and other similar costs, are necessary for the
production, improvement, and preservation of low- and moderate - income housing.
SECTION 7.
resolution and shall
resolutions.
The Agency Secretary shall certify to the adoption of this
cause a certified resolution to be filed in the book
,of original
PASSED AND ADOPTED
�D- � S. -In
Deborah S. Traffenstedt,
Secretary
Attachment: Exhibit "A"
* #
MAMM IS- IM
Resolution No. 2008 -196
Page 3
Exhibit A
Operating and Capital Improvements Budget
For the Moorpark Redevelopment Agency
Fiscal Year 2008/2009
On File with the City Clerk
Resolution No. 2008 -196
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. 2008 -196 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 2nd day of July, 2008, 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
WITNESS my hand and the official seal of said City this 8th day of July, 2008.
Q
Deborah S. Traffenstedt,
Agency Secretary
(seal)
* YARM 18,100
\�1' OF