HomeMy WebLinkAboutRES RDA 2008 201 2008 0903RESOLUTION NO. 2008 -201
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF MOORPARK, CALIFORNIA, APPROVING
ACQUISITION OF 1123 WALNUT CANYON ROAD,
ACCEPTANCE OF GRANT DEED, AND AMENDING THE
FISCAL YEAR 2008/2009 BUDGET BY APPROPRIATING
$480,000.00 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 1123 Walnut Canyon Road in the City of Moorpark, for the
purpose of affordable housing activities; and
WHEREAS, on July 2, 2008, the Board of Directors adopted the Budget for
Fiscal Year 2008/2009; and
WHEREAS, a staff report has been presented to the Board of Directors
requesting a budget adjustment in the aggregate amount of $480,000.00; 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. The Agency Secretary shall accept and consent to the
recordation of the grant deed.
SECTION 2. A budget amendment in the amount of $480,000.00 from the
MRA Low /Mod Income Housing Operations Fund, as more particularly described in
Exhibit "A ", attached hereto, is hereby approved for property acquisition.
Resolution No. 2008 -201
Page 2
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.
PASSED AND ADOPTED this
ATTEST:
(3
Deborah S. Traffenstedt, Koncy Secretary
Attachment: Exhibit A — Budget Amend
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Resolution No. 2008 -201
Page 3
EXHIBIT A
BUDGET AMENDMENT FOR
MRA LOW /MOD INCOME HOUSING - OPERATIONS
2008/09
FUND ALLOCATION FROM:
Fund
Account Number
Amount
MRA Low /Mod Income Housing - Operations
2901 -5500
$ 480,000.00
1
$ 480,000.00
$ 480,000.00
Total
$ 480,000.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number
Current Budget
Revision
Amended Budget
2901 - 2420 - 5058 -9610
$ -
$ 480,000.00
$ 480,000.00
Total
$ -
$ 480,000.00
$ 480,000.00
Resolution No. 2008 -201
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 -201 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 3th day of September, 2008, and that the
same was adopted by the following vote:
AYES: Agency Members Mikos, Millhouse, and Parvin
NOES: None
ABSENT: Agency Member Van Dam and Chair Hunter
ABSTAIN: None
WITNESS my hand and the official seal of said City this 8th day of September, 2008.
Deborah S. Traffenste ,
Agency Secretary
(seal)