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HomeMy WebLinkAboutRES RDA 2008 197 2008 0820RESOLUTION NO. 2008 -197 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK, CALIFORNIA, APPROVING AMENDING THE FISCAL YEAR 2008/2009 BUDGET BY APPROPRIATING $78,000.00 FROM THE MRA AREA 1 - OPERATIONS FUND (2902) TO FUND ENGINEERING SERVICES FOR ROAD AND PARKING LOT IMPROVEMENTS ON HIGH STREET WHEREAS, on July 2, 2008, the Board of Directors adopted the Budget for Fiscal Year 2008/2009; and WHEREAS, the Redevelopment Agency of the City of Moorpark ( "Agency ") desires to resurface High Street; construct a downtown parking lot improvements; and build a driveway to service the new post office in the downtown area ( "Public Improvements "); and WHEREAS, certain engineering services are needed to design and construct the Public Improvements; and WHEREAS, a budget amendment is needed to fund engineering services in the amount of $78,000.00; and WHEREAS, Section 33445 of the Health and Safety Code requires that the Agency Board must make the following findings: 1. The public improvements are of benefit to the project area and the immediate neighborhood of the project area. 2. No other reasonable means of financing such public improvements are available to the City of Moorpark. 3. The Agency's contribution to the cost of the public improvement will assist in the elimination of blight and is consistent with the five year implementation plan. WHEREAS, on August 20, 2008, the Agency Board reviewed the findings and found them to be consistent with the provisions in Section 33445 of the Health and Safety Code; 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). Resolution No. 2008 -197 Page 2 NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget amendment in the amount of $78,000.00 from the MRA Area 1 - Operations Fund, as more particularly described in Exhibit "A ", attached hereto, is hereby approved. SECTION 2. The Agency Board findings: 1. The Public Improvements are of benefit to the project area and the immediate neighborhood of the Moorpark Redevelopment Project. 2. No other reasonable means of financing such Public Improvements are available to the City of Moorpark. 3. The Agency's contribution to the cost of the Public Improvement will assist in the elimination of blight and is consistent with the Five Year Implementation Plan. SECTION 3. resolution and shall The Agency Se 5;e certify to cause a certifi resolution to a filed in the a adoption of this book f original resolutions. PASSED AND ADOPTED/this 20th day of August', 200): ,Thair ATTEST: r Deborah S. Traffenstedt, A c Secretary 9 Y •c �Ir � t " Attachment: Exhibit A — Budget Amendment, CW Resolution No. 2008 -197 Page 3 EXHIBIT A BUDGET AMENDMENT FOR MRA AREA 1 - OPERATIONS 2008/09 FUND ALLOCATION FROM: Fund Account Number Amount MRA Area 1 - Operations 2902 -5500 $ 78,000.00 $ 78, 000.00 $ 78, 000.00 Total I $ 78,000.00 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget 2902 - 2410- 5052 -9601 $ - $ 78, 000.00 $ 78, 000.00 Total $ - $ 78, 000.00 $ 78, 000.00 Resolution No. 2008 -197 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 -197 was adopted by the Redevelopment Agency of the City of Moorpark at a regular meeting held on the 20th day of August, 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 September, 2008. Deborah S. Traffenstedt, Agency Secretary (seal) 4;.0001 oft?. N� a IMUSHM Naa \�YpIMr/