HomeMy WebLinkAboutRES CC 2014 3322 2014 0917 RESOLUTION NO. 2014-3322
A RESOLUTION OF CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2014/2015 BUDGET BY APPROPRIATING $40,000 FROM THE
ENDOWMENT FUND (2800) TO COVER CITY STAFF COSTS
ASSOCIATED WITH THE WALNUT ACRES PARK PROJECT
WHEREAS, on June 18, 2014, the City of Moorpark adopted the Operating and
Capital Improvement budget for Fiscal Year 2014/15, which includes $238,883
appropriations for CIP 5081; and
WHEREAS, based on staff analysis of the estimated expenditures for Fiscal Year
2013/14, the adjusted budget for CIP 5081 would be approximately$547,298. The
estimated available amount for park construction is about $359,891; and
WHEREAS, on September 17, 2014, the City Council awarded the bid for
construction of the park site at 161 Second Street (Walnut Acres Park) to Malibu Pacific
Tennis Courts, Inc. for $408,000 plus a 10% contingency of $40,800 for a total
construction budget of $448,800; and
WHEREAS, an additional appropriation of $40,000 from the Endowment Fund
(2800) is needed to fund City staff time costs to be charged to the park project; and
WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said
budget amendment and the resultant impact to the budget line items.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. An aggregate budget amendment of $40,000 from the Endowment
Fund (2800) is needed to fund City staff time costs to be charged to the project, as more
particularly described in Exhibit "A", attached hereto, is hereby approved.
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 17th day of September, 2014
•
1,A Ate' sAatu
Ja'ice S. Parvin, Mayor
ATTEST:
APPOIF
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Maureen Benson, City Clerk Z �t Oel
Exhibit A— Budget Amendment \•/ 4
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Resolution No. 2014-3322
Page 2
EXHIBIT A
BUDGET AMENDMENT
Endowment Fund(2800)to fund City Staff time costs for the construction of the park site at 161 Second
Street(Walnut Acres Park) (CIP#5081)
2014/15
FUND ALLOCATION FROM:
Fund Account Number Amount
Endowment Fund 2800-5500 $ 40,000.00
Total $ 40,000.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number Current Budget* Revision Amended Budget
1000.2410.5081.9611 $ 2,933.00 $ - $ 2,933.00
2400.2410.5081.9613 $ 5,000.00 $ - $ 5,000.00
2800.2410.5081.9820 $ - $ 40,000.00 $ 40,000.00
2800.2410.5081.9601 $ 20,635.00 $ - $ 20,635.00
9103.2411.5081.9613** $ 382,641.00 $ 382,641.00
9103.2411.5081.9631 $ 81,250.00 $ - $ 81,250.00
9104.2411.5081.9613** $ 7,389.00 $ 7,389.00
9104.2411.5081.9625 $ 23,590.00 $ - $ 23,590.00
9104.2411.5081.9633 $ 135,250.00 $ - $ 135,250.00
Total $ 658,688.00 $ 40,000.00 $ 698,688.00
*estimated budget after accounting of all FY 13/14 expenditures
**current budget after Successor Agency Amendment
Resolution No. 2014-3322
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. 2014-3322 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the
17th day of September, 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 1st day of October,
2014.
Maureen Benson, City Clerk
(seal)
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