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HomeMy WebLinkAboutRES CC 2014 3281 2014 0305 RESOLUTION NO. 2014-3281 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING RESOLUTION NO. 2013-3198, TO REVISE ATTACHMENT EXHIBIT B TO REFLECT THE CORRECT FUND ACCOUNT NUMBERS RELATING TO THE RE-ALLOCATION OF 161 SECOND STREET PARK PROJECT (CIP 5081) TO THE RDA-SA 2001 TAX ALLOCATION BOND PROCEEDS FUND (9103) AND RDA-SA 2006 TAX ALLOCATION BOND PROCEEDS FUNDS (9104) WHEREAS, on June 19, 2013 the City Council adopted Resolution No. 2013- 3198 covering Exhibit A the Operating and Capital Improvement Budget for Fiscal Year 2013/2014; Exhibit B Budget Amendment re-allocating 161 Second Street Park funding of $550,925 from Endowment Fund to the RDA-SA 2001 and 2006 Tax Allocation Bond (TAB) Proceeds Funds; and Exhibit C Budget Amendment allocating $100,000 from General Fund for salary and benefit adjustments; and WHEREAS, a staff report has been presented to City Council discussing typographical errors found in Exhibit B relating to the fund account numbers associated with RDA-SA 2001 TAB Proceeds Fund and RDA-SA 2006 TAB Proceeds Funds; and WHEREAS, the fund account numbers for RDA-SA 2001 TAB Proceeds Fund should be changed from 9104 to 9103 and RDA-SA 2006 TAB Proceeds Fund should be corrected from 9105 to 9104; and WHEREAS, Exhibit "A" hereof describes said amendment to the former Exhibit B of Resolution No. 2013-3198. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That Resolution No. 2013-3198 is hereby amended to revise Exhibit B, Budget Amendment for Endowment Fund and Redevelopment Tax Allocation Bond Proceeds Funds Reallocate 161 Second Street park Funding from Endowment Fund to Redevelopment Bond Proceeds Funds, as more particularly described in Exhibit "A" attached hereto is hereby approved. Resolution No. 2014-3281 Page 2 SECTION 2. The City Clerk shall certify to the adoption of this resolution and shall cause a certified resolution to be filed in the book of original resolutions. PASSED AND ADOPTED this 5th day of March, 2014. Ja ice S. Parvin, Mayor ATTEST: A • Maureen Benson, City Clerk ��►�y ` rep Attachment: Exhibit A— Budget Amendment Resolution No. 2014-3281 Page 3 EXHIBIT A Endowment Fund and Redevelopment Tax Allocation Bond Proceeds Funds Re-allocate 161 Second Street Park Funding from Endowment Fund to Redevelopment Bond Proceeds Funds FY 2013/14 FUND ALLOCATION FROM: FUND TITLE FUND ACCOUNT AMOUNT NUMBER Endowment Fund 2800-5500 ($ 550,925) RDA-SA 2001 TAB Proceeds Fund 9103-5500 $ 386,675 RDA-SA 2006 TAB Proceeds Fund 9104-5500 $ 164,250 Total $ 0 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Amended Account Number Current Budget Revision Budget 2800-2410-5081-9613 $ 305,425 ($ 305,425) $ 0 2800-2410-5081-9631 $ 81 ,250 ($ 81 ,250) $ 0 2800-2410-5081-9633 $ 144,250 ($ 144,250) $ 0 2800-2410-5081-9625 $ 20,000 ($ 20,000) $ 0 9103-2411-5081-9613 $ 0 $ 305,425 $ 305,425 9103-2411-5081-9631 $ 0 $ 81,250 $ 81 ,250 9104-2411-5081-9625 $ 0 $ 20,000 $ 20,000 9104-2411-5081-9633 $ 0 $ 144,250 $ 144,250 Total $ 550,925 $ 0 $ 550,925 Resolution No. 2014-3281 Page 4 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. 2014-3281 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 5th day of March, 2014, 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 March, 2014. Maureen Benson, City Clerk (seal) 1C 4q ice'O / Al • '')44°t� A . J