HomeMy WebLinkAboutRES RDA 2010 225 2010 0602RESOLUTION NO. 2010 -225
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF MOORPARK, CALIFORNIA, AMENDING
THE FISCAL YEAR 2009/2010 BUDGET TO REMOVE
$332,667 OF MOORPARK REDEVELOPMENT
OPERATING FUND (2902) FROM THE METROLINK
SOUTH PARKING LOT SOUTH ENTRY CAPITAL
IMPROVEMENT PROJECT 8056
WHEREAS, on July 1, 2009, the Moorpark Redevelopment Agency adopted the
Operating and Capital Improvements Budget for Fiscal Year 2009/10; and
WHEREAS, the adopted budget included an aggregate appropriation of
$464,907 for the Metrolink South Parking Lot South Entry Capital Improvement Project
(Project 8056), of which $332,112 was funded by Moorpark Redevelopment Agency
Operating Fund (2902) and $132,795 was funded by Intermodal Surface Transportation
Efficiency Act — Congestion Mitigation and Air Quality (ISTEA -CMAQ) Federal Grant
Fund (2604); and
WHEREAS, during Fiscal Year 2009/10 various approved budget adjustments
caused a net appropriation increase of $605 from $464,907 to $465,512; and
WHEREAS, a staff report has been presented to the Agency Board of
Directors explaining the change of Project 8056's funding source from Moorpark
Redevelopment Agency Operating Fund (2902) to Traffic System Management
Fund (2001); and
WHEREAS, said staff report recommends the removal of $332,667 MRA
Operating Fund (2902) and the replacement of funding source with TSM Fund (2001);
and
WHEREAS, Exhibit "A ", attached hereto and made a part hereof, describes said
budget amendment and its resultant impact to the budget line items.
NOW, THEREFORE, THE MOORPARK REDEVELOPMENT AGENCY OF THE
CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. That Moorpark Redevelopment Agency Operating Fund (2902)
expenditures for Project 8056 shall be reduced from $332,667 to $0.00.
Resolution No. 2010 -225
Page 2
SECTION 2. 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.
Je S. Parvin, Chair
ATTEST:
o—
Maureen Benson, Assistant Secretary ESTABUSHED
MewcH 1e, 1W? -k*
-A '4(,F
Attachment: Exhibit "A" Budget Amendment ���1' OF y��
Resolution No. 2010 -225
Page 3
EXHIBIT A
BUDGET AMENDMENT FOR
MOORPARK REDEVELOPMENT AGENCY OPERATING FUND FOR
TRAFFIC SYSTEM MANAGEMENT FUND
FY 2009110
FUND BALANCE ALLOCATION:
Fund Title
Fund - Account Number
Amount
MRA OPERATING FUND
2902 -5500
$ 332,667
$
1,067.00
$
Total
$ -
$ 332,667
EXPENDITURE APPROPRIATION:
Account Number
Current Budget
Revision
Amended Budget
2902.8310.8056.9601
$
1,067.00
$
(1,067)
$ -
2902.8310.8056.9610
$
300,000.00
$
300200
$ -
2902.8310.8056.9640
$
15,000.00
$
15,000
$ -
2902.8310.8056.9650
$
15,000.00
$
15,000
$ -
2902.2410.8056.9101
$
1,600.00
$
1,600
$ -
Total
$
332,667.00
$
332,667
$ -
Resolution No. 2010 -225
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 -225 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 16th day of June, 2010.
Maureen Benson, Assistant Secretary
(seal)
6��`v 4
ESTABLISHED
MARCH 18, 1987
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