HomeMy WebLinkAboutRES RDA 2010 238 2010 1215RESOLUTION NO. 2010 -238
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF MOORPARK, CALIFORNIA, AMENDING
THE FISCAL YEAR 2010/11 BUDGET BY
APPROPRIATING $79,288 FROM THE MRA LOW /MOD
INCOME HOUSING FUND (2901) TO FULLY FUND
RELOCATION OF TENANTS AT 112 AND 124 FIRST
STREET
WHEREAS, on June 16, 2010, the Board of Directors adopted the Operating and
Capital Improvement Project Budget for Fiscal Year 2010/11; and
WHEREAS, the Redevelopment Agency of the City of Moorpark acquired the
properties at 112 and 124 First Street for a future affordable housing project; and
WHEREAS, permanent relocation of the tenants at these properties is required to
facilitate the project; and
WHEREAS, a budget amendment in the amount of $79,288 is needed from the
MRA Low /Mod Income Housina Fund (2901) to fullv fund these relocations: and
WHEREAS, Exhibit "A ", attached hereto and made a part hereof, describes 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. A budget amendment in the amount of $79,288 from the MRA
Low /Mod Income Housing Fund (2901), as more particularly described in Exhibit "A ",
attached hereto, is hereby approved.
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 15th day of December 2010.
ATTEST:
Maureen Benson, Agency Secretary
Attachment: Exhibit A — Budget Amendment
Jaylice S. Parvin, Chair
Resolution No. 2010 -238
Page 2
EXHIBIT A
BUDGET AMENDMENT FOR
MRA LOW /MOD INCOME HOUSING FUND (2901) FOR RELOCATION AT 112 AND 124 FIRST STREET
2010/11
FUND ALLOCATION
FROM:
Fund
Account Number
Amount
MRA Low /Mod Income Housing Fund 2901
2901 -5500
$ 79,288.00
$ 24, 359.00
$ 24, 359.00
2901.2420.5083.9285
Total
$ 54,929.00
$ 79,288.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number
Current Budget
Revision
Amended Budget
2901.2420.5082.9285
$ -
$ 24, 359.00
$ 24, 359.00
2901.2420.5083.9285
$ -
$ 54,929.00
$ 54,929.00
Total
$ -
$ 79,288.00
$ 79,288.00
Resolution No. 2010 -238
Page 3
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK )
I, Maureen Benson, Agency Secretary of the Redevelopment Agency of the City
of Moorpark, California, do hereby certify under penalty of perjury that the foregoing
Resolution No. 2010 -238 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 15th day of December, 2010, 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
2011.
WITNESS my hand and the official seal of said City this 5th day of January,
Maureen Benson, Agency Secretary
(seal)