HomeMy WebLinkAboutRES CC 2013 3197 2013 0605 RESOLUTION NO. 2013-3197
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL
YEAR 2012/13 BUDGET BY APPROPRIATING $186,000
FROM THE CITY AFFORDABLE HOUSING FUND (2201)
FOR THE ACQUISITION OF 224 CHARLES STREET
WHEREAS, on June 20, 2012, the City Council adopted the Operating and
Capital Improvement Budget for Fiscal Year 2012/13; and
WHEREAS, a staff report has been presented to the City Council recommending
acquisition of the property at 224 Charles Street for affordable housing purposes for
$180,000 plus $6,000 for escrow expenses; and
WHEREAS, a budget adjustment in the aggregate amount of $186,000 is
requested from the City Affordable Housing Fund (2201) to purchase the property; 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 CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. A budget amendment in the amount of $186,000 from the City
Affordable Housing Fund (2201), as more particularly described in Exhibit "A", attached
hereto, is hereby approved.
SECTION 2. The City Manager shall have final approval to purchase the
property and execute all documents necessary to this transaction.
SECTION 3. The City Clerk 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 5th day of June, 2013.
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Ja ice S. Pa in, Mayor
ATTEST:
Maureen Benson, City Clerk
Exhibit A— Budget Amendment ,03 y�
Resolution No. 2013-3197
Page 2
EXHIBIT A
FY 2012/13
BUDGET AMENDMENT FOR
CITY AFFORDABLE HOUSING FUND
ACQUISITION OF 224 CHARLES STREET
FUND ALLOCATION FROM:
Fund Account Number Amount
City Affordable Housing Fund 2201-5500 $ 186,000.00
Total $ 186,000.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number Current Budget Revision Amended Budget
2201.2430.5088.9610 $ - $ 186,000.00 $ 186,000.00
Total $ - $ 186,000.00 $ 186,000.00
Resolution No. 2013-3197
Page 3
STATE OF CALIFORNIA )
COUNTY OF VENTURA ) ss.
CITY OF MOORPARK )
I, Maureen Benson, City Clerk of the City of Moorpark, California, do hereby
certify under penalty of perjury that the foregoing Resolution No. 2013-3197 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the 5th
day of June, 2013, and that the same was adopted by the following vote:
AYES: Councilmembers Mikos, Pollock, Van Dam, and Mayor Parvin
NOES: None
ABSENT: Councilmember Millhouse
ABSTAIN: None
WITNESS my hand and the official seal of said City this 10th day of June, 2013.
Maureen Benson, City Clerk
(seal)
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