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HomeMy WebLinkAboutRES RDA 2008 203 2008 1001RESOLUTION NO. 2008 -203 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2008/2009 BUDGET BY APPROPRIATING $369,000.00 FROM THE MRA AREA 1 - OPERATIONS FUND (2902) TO FUND PURCHASE OF STORM WATER PIPE FOR THE RELOCATION AND UNDER GROUNDING OF THE DRAINAGE CHANNEL LOCATED AT THE TERMINUS OF WEST 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 relocate and under ground the drainage channel located at the terminus of West High Street ( "Public Improvements "); and WHEREAS, the Agency desires to expedite the construction of the Public Improvements; and WHEREAS, a budget amendment is needed to fund the purchase in the amount of $369,000.00; and WHEREAS, Exhibit "A ", attached hereto and made a part hereof, describes 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. A budget amendment in the amount of $369,000.00 from the MRA Area 1 - Operations Fund, as more particularly described in Exhibit "A" attachecj hereto, is hereby approved. 1 7 SECTION 2. The Agency SecXtary shall certify t� the adopon of this resolution and shall cause a certified resolutionf'o be filed in the boo of origin Al resolutions. PASSED AND ADOPTED ATTEST: 1 31, X � S. I Deborah S. Traffenstedt, Agency Secretary Attachment: Exhibit A — Budget Amendment NIVAUSHO Now is, Im Resolution No. 2008 -203 Page 2 EXHIBIT A BUDGET AMENDMENT FOR MRA AREA 1 -OPERATIONS 2008/2009 FUND ALLOCATION FROM: Fund Account Number Amount MRA Area 1 - Operations 2902 -5500 $ 369,000.00 $ 369,000.00 $ 369,000.00 Total $ 369,000.00 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget 2902 - 2410 - 5052 -9640 $ - $ 369,000.00 $ 369,000.00 Total $ - $ 369,000.00 $ 369,000.00 Resolution No. 2008 -203 Page 3 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 -203 was adopted by the Redevelopment Agency of the City of Moorpark at a regular meeting held on the 1st day of October, 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 October, 2008. Deborah S. Traffenstedt, Agency Secretary (seal) \�'hor