HomeMy WebLinkAboutRES RDA 2011 247 2011 0615RESOLUTION NO. 2011 -247
A RESOLUTION OF THE REDEVELOPMENT AGENCY OF
THE CITY OF MOORPARK, CALIFORNIA, ADOPTING THE
OPERATING AND CAPITAL IMPROVEMENT BUDGET
FOR THE REDEVELOPMENT AGENCY OF THE CITY OF
MOOPRARK FOR THE FISCAL YEAR 2011/2012
WHEREAS, on May 18, 2011 the City Manager /Executive Director's
Recommended Budget for Fiscal Year 2011/2012 was submitted to the City
Council and Agency Board of Directors for its review and consideration; and
WHEREAS, the Board of Directors has provided the opportunity for public
comment at a public meeting held on May 25, 2011, and conducted detailed
review of expenditure proposals; and
WHEREAS, as the result of the reviews and analysis, expenditure
proposals and revenue projections have been modified as needed.
NOW, THEREFORE, THE REDEVELOPMENT AGENCY OF THE CITY
OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The Operating and Capital Improvements Budget for Fiscal
Year 2011/2012 (beginning July 1, 2011) for the Redevelopment Agency of the
City of Moorpark containing operating and capital expenditures and anticipated
revenues as identified in Exhibit "A" to this resolution, attached hereto and
incorporated herein, shall be adopted as the Redevelopment Agency of the City
of Moorpark's Operating and Capital Improvements Budget for Fiscal Year
2011/2012.
SECTION 2. The Executive Director is authorized to amend the capital
improvement budget for the Fiscal Year 2011/2012 at the conclusion of the Fiscal
Year 2010/2011 when a final accounting of project costs during the Fiscal Year
2010/2011 is complete and continuing appropriations are determined, as long as
the total project appropriation authorized by the Board of Directors is not
exceeded.
SECTION 3. The Executive Director is authorized to approve
appropriation transfers within departments and within individual funds as required
to provide efficient and economical services, as long as the total department
appropriation and fund appropriation authorized by the Board of Directors is not
exceeded.
SECTION 4. Except as otherwise provided in this resolution, amendments
to appropriations in the Fiscal Year 2011/2012 Operating and Capital
Improvements Budget shall require Board action by resolution.
Resolution No. 2011 -247
Page 2
SECTION 5. The Executive Director is authorized to make such
emergency appropriations as may be necessary to address emergency needs of
the Agency, provided that the appropriation is presented to the Board of Directors
at its next regular meeting for ratification.
SECTION 6. Administrative and planning expenditures, including direct
salaries, indirect overhead charges, and other similar costs, are necessary for
the production, improvement, and preservation of low- and moderate - income
housing.
SECTION 7. 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 June, 2011.
#an Parvin, C hair
ATTEST:
Maureen Benson, Agency Secretary
W
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Attachment: Exhibit "A"
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Resolution No. 2011 -247
Page 3
Exhibit A
Operating and Capital Improvements Budget
For the Redevelopment Agency of the City of Moorpark
Fiscal Year 2011/2012
On file with the City Clerk
Resolution No. 2011 -247
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. 2011 -247 was adopted by the Redevelopment
Agency of the City of Moorpark at a regular meeting held on the 15th day of
June, 2011, 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
2011.
WITNESS my hand and the official seal of said City this 6th day of July,
Maureen Benson, Agency Secretary
(seal)
%\"-RCH 18, 1
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