HomeMy WebLinkAboutRES RDA 2010 237 2010 1117RESOLUTION NO. 2010 -237
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF MOORPARK, CALIFORNIA, AMENDING
THE FISCAL YEAR 2010/11 BUDGET BY
APPROPRIATING $23,195 FROM THE MRA LOW /MOD
INCOME HOUSING FUND (2901) TO FULLY FUND
CONSTRUCTION OF THE RETAINING WALL AT 81 FIRST
STREET
WHEREAS, on June 16, 2010, the Board of Directors adopted the Budget for
Fiscal Year 2010/11; and
WHEREAS, the Redevelopment Agency of the City of Moorpark constructed a
single - family home located at 81 First Street; and
WHEREAS, construction of a retaining wall was not included as a part of this
project scope; and
WHEREAS, the Agency received bids for the construction of the retaining wall
and the low bid totaled $57,450; and
WHEREAS, the Fiscal Year 2010/11 budget included $40,000 for the
construction of the retaining wall; and
WHEREAS, a budget amendment in the amount of $23,195 representing the
difference in the budgeted amount and the actual bid amounts, plus a ten percent (10 %)
contingency is needed to fully fund this project.
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY OF
MOORPARK DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. A budget amendment in the amount of $23,195 from the MRA
Low /Mod Income Housing Fund (2901), as more particularly described in Exhibit "A ",
attached hereto, is hereby approved.
Resolution No. 2010 -237
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 17th day of November, 2010.
ATTEST:
Maureen Benson, Agency Secretary
Attachment: Exhibit A — Budget Amendment
6Jac�e S. Pa in, Chair
Resolution No. 2010 -237
Page 3
EXHIBIT A
BUDGET AMENDMENT FOR
MRA LOW /MOD INCOME HOUSING FUND (2901) CONSTRUCTION OF RETAINING WALL 81 1ST STREET
2010/11
FUND ALLOCATION FROM:
Fund
Account Number
Amount
MRA Low /Mod Income Housing Fund 2901
2901 -5500
$23,195.00
$23,195.00
$63,195.00
Total
$23,195.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number
Current Budget
Revision
Amended Budget
2901.2420.5029.9620
$40,000.00
$23,195.00
$63,195.00
Total
$40,000.00
$23,195.00
$63,195.00
Resolution No. 2010 -237
Page 4
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 -237 was adopted by the Redevelopment Agency of the City of
Moorpark at a regular meeting held on the 17th day of November, 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
2010.
WITNESS my hand and the official seal of said City this 15th day of December,
J�7
Maureen Benson, Agency Secretary
(seal)
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