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HomeMy WebLinkAboutRES RDA 2009 216 2009 0701RESOLUTION NO. 2009 -216 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 2009/2010 WHEREAS, on May 20, 2009 the City Manager /Executive Director's Recommended Budget for Fiscal Year 2009/2010 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 10, 2009, 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 2009/2010 (beginning July 1, 2009) 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 2009/2010. SECTION 2. The Executive Director is authorized to amend the capital improvement budget for the Fiscal Year 2009/2010 at the conclusion of the Fiscal Year 2008/2009 when a final accounting of project costs during the Fiscal Year 2008/2009 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. Resolution No. 2009 -216 Page 2 SECTION 4. Except as otherwise provided in this resolution, amendments to appropriations in the Fiscal Year 2009/2010 Operating and Capital Improvements Budget shall require Board action by resolution. 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. 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 1st day of July, 2009. ATTEST: Maureen Benson, Assistant Secretary Attachment: Exhibit "A" jJaLice:LS Parvin, Chair Resolution No. 2009 -216 Page 3 Exhibit A Operating and Capital Improvements Budget For the Moorpark Redevelopment Agency Fiscal Year 2009/2010 On file with the City Clerk Resolution No. 2009 -216 Page 4 STATE OF CALIFORNIA ) COUNTY OF VENTURA ) ss. CITY OF MOORPARK ) I, Maureen Benson, Assistant Secretary of the Redevelopment Agency of the City of Moorpark, California, do hereby certify under penalty of perjury that the foregoing Resolution No. 2009 -216 was adopted by the Redevelopment Agency of the City of Moorpark at a regular meeting held on the 1st day of July, 2009, and that the same was adopted by the following vote: AYES: Agency Members Mikos, Millhouse, Pollock, Van Dam, and Chair Parvin NOES: None ABSENT: None ABSTAIN: None WITNESS my hand and the official seal of said City this 8th day of July, 2009. Maureen Benson, Assistant Secretary (seal)