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HomeMy WebLinkAboutRES RDA 2009 217 2009 0701RESOLUTION NO. 2009 -217 A RESOLUTION OF THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2008/09 BUDGET TO REIMBURSE VARIOUS CITY FUNDS FOR PLANNING AND ENGINEERING SERVICES PROVIDED TO SEVERAL CAPITAL IMPROVEMENT PROJECTS AS DEFINED HEREIN WHEREAS, on July 2, 2008, the Agency Board adopted the budget for Fiscal Year 2008/09; and WHEREAS, a staff report has been presented to the Agency Board detailing City staff time provided to various capital improvement projects for planning, engineering and other administrative services; and WHEREAS, City staff time was funded by the General Fund (1000), Community Development Fund (2200), Gas Tax Fund (2605) and Local Transit Program 8C Fund (5000); and WHEREAS, said capital improvement projects are funded by the Moorpark Redevelopment Agency; and WHEREAS, an aggregate appropriation increase of $66,761 in the Low and Moderate Income Housing Fund (2901), MRA Operating Fund (2902), MRA 1999 Tax Allocation Bond Proceeds Fund (2904) and MRA 2006 Tax Allocation Bond Proceeds Fund (2905) is requested to reflect City staff time charges in the appropriate capital improvement projects; and WHEREAS, an aggregate revenue increase of $66,761 in the General Fund (1000), Community Development Fund (2200), Gas Tax Fund (2605) and Local Transit Program 8C Fund (5000) is requested to reflect the reimbursement from the Agency for City staff time charges for capital improvement projects; and WHEREAS, a fund transfer in the aggregate amount of $66,761 is requested from the Agency to the City as reimbursement for staff time cost of providing planning, engineering and other administrative services to various capital improvement projects funded by the Agency; and WHEREAS, Exhibits "A" and "B" hereof describes said budget amendments and their resultant impacts to the budget line item(s). Resolution No. 2009 -217 Page 2 NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget amendment appropriating $66,761 per Exhibit "A" and transferring said funds to the City is hereby approved. SECTION 2. A budget amendment increasing revenue by $66,761 per Exhibit "B" is hereby approved. SECTION 3. The City Clerk 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 1 st day of July, 2009. ATTEST: Maureen Benson, Assistant Secretary Attachment: Exhibit "A" and "B" Ja S. ParVin, Chair Resolution No. 2009 -217 Page 3 EXHIBIT A BUDGET AMENDMENT FOR VARIOUS MRA FUNDS TO REIMBURSE VARIOUS CITY FUNDS FOR PLANNING, ENGINEERING AND ADMINISTRATIVE SERVICES PROVIDED TO CAPITAL IMPROVEMENT PROJECTS FY 2008/09 FUND BALANCE ALLOCATION: Fund Account Number Amount Low /Moderate Income Housing Fund 2901 -5500 $ 1,242.00 MRA Operating Fund 2902 -5500 $ 48,233.00 MRA 1999 Tax Allocation Bond Proceeds 2904 -5500 $ 13,091.00 MRA 2006 Tax Allocation Bond Proceeds 2905 -5500 $ 4,195.00 $ 693.00 2902 - 6100 - 5052 -9820 Total $ $ 66,761.00 EXPENDITURE APPROPRIATION: Account Number Current Budget Revision Amended Budget 2901 -8410- 5026 -9820 $ - $ 1,242.00 $ 1,242.00 2902 -6440- 5056 -9820 $ - $ 693.00 $ 693.00 2902 - 6100 - 5052 -9820 $ - $ 4,045.00 $ 4,045.00 2902 -8410- 5052 -9820 $ - $ 43,495.00 $ 43,495.00 2904 -6440- 8074 -9820 $ - $ 507.00 $ 507.00 2904 - 8310 - 8074 -9820 $ - $ 12,584.00 $ 12,584.00 2905 - 8410- 5020 -9820 $ - $ 4,195.00 $ 4,195.00 Total $ - $ 66,761.00 $ 66,761.00 Resolution No. 2009 -217 Page 4 EXHIBIT B BUDGET AMENDMENT FOR VARIOUS CITY FUNDS REIMBURSEMENT FOR PLANNING, ENGINEERING AND ADMINISTRATIVE SERVICES PROVIDED TO MRA CAPITAL IMPROVEMENT PROJECTS FY 2008/09 FUND BALANCE ALLOCATION: Fund Title Fund - Account Number Amount General Fund 1000 -5500 $ 20,045.00 Community Development Fund 2200 -5500 $ 5,245.00 Gas Tax Fund 2605 -5500 $ 38,061.00 Local Transit Program 8c Fund 5000 -5500 $ 3,410.00 $ 5,245.00 $ Total 2605-3720 $ 66,761.00 REVENUE BUDGET ALLOCATION: Account Number Current Budget Revision Amended Budget 1000-3720 $ 402,000.00 $ 20,045.00 $ 422,045.00 2200-3720 $ 956,826.00 $ 5,245.00 $ 962,071.00 2605-3720 $ 1,107,970.00 $ 38,061.00 $ 1,146,031.00 5000-3720 $ - $ 3,410.00 $ 3,410.00 Total $ 2,466,796.00 $ 66,761.00 $ 2,533,557.00 Resolution No. 2009 -217 Page 5 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 -217 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)