HomeMy WebLinkAboutRES RDA 2010 226 2010 0602RESOLUTION NO. 2010 -226
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF MOORPARK, CALIFORNIA, APPROVING
ACQUISITION OF 112 FIRST STREET, ACCEPTANCE OF
GRANT DEED, AMENDING THE FISCAL YEAR 2009/2010
BUDGET BY APPROPRIATING $265,000.00 FROM THE
MRA 2001 TAX ALLOCATION BOND PROCEEDS FUND
(2904), AND AUTHORIZING REDEVELOPMENT
MANAGER TO SIGN DOCUMENTS PERTINENT TO THIS
TRANSACTION
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 the property known as 112 First Street in the City of Moorpark, for the purpose
of affordable housing activities; and
WHEREAS, the purchase of 112 First Street is a probate purchase governed by
the Ventura County Superior Court that will require staff to sign documentation at court
on the day of the hearing; and
WHEREAS, on July 1, 2009, the Board of Directors adopted the Budget for
Fiscal Year 2009/2010; and
WHEREAS, a staff report has been presented to the Board of Directors
requesting a budget adjustment in the aggregate amount of $265,000.00 in the MRA
2001 Tax Allocation Bond Proceeds Fund (2904); and
WHEREAS, Exhibit "A ", attached hereto and made a part hereof, describe said
budget amendment and the resultant impact to the budget line item.
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.
Resolution No. 2010 -226
Page 2
SECTION 2. A budget amendment in the amount of $265,000.00 from the
MRA 2001 Tax Allocation Bond Proceeds Fund (2904), as more particularly described
in Exhibit "A ", attached hereto, is hereby approved for property acquisition.
SECTION 3. The Redevelopment Manager is authorized to sign any
documents in court pertinent to this transaction. This authorization is good for this
transaction only.
SECTION 4. 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 2nd day of June, 2010.
ATTEST:
Maureen Benson, Assistant Secretary
Attachment: Exhibit A — Budget Amendment
J Chair
Resolution No. 2010 -226
Page 3
EXHIBIT A
BUDGET AMENDMENT FOR
MRA 2001 TAX ALLOCATION BOND PROCEEDS FUND FOR ACQUISITION OF 112 FIRST STREET
2009/10
FUND ALLOCATION FROM:
Fund
Account Number
Amount
MRA 2001 TAX ALLOCATION PROCEEDS
2904 -5500
$ 265,000.00
1
$ 265,000.00
$ 265,000.00
Total
$ 265,000.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number
Current Budget
Revision
Amended Budget
2904 - 2420 -5082 -9610
$ -
$ 265,000.00
$ 265,000.00
Total
$ -
$ 265,000.00
$ 265,000.00
Resolution No. 2010 -226
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. 2010 -226 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 2nd day of June, 2010, and that the same
was adopted by the following vote:
AYES: Agency Members Mikos, Pollock, Van Dam, and Chair Parvin
NOES: None
ABSENT: Agency Member Millhouse
ABSTAIN: None
WITNESS my hand and the official seal of said City this 14th day of June, 2010.
Maureen Benson, Assistant Secretary
(seal)