HomeMy WebLinkAboutRES CC 2014 3325 2014 1015 RESOLUTION NO. 2014-3325
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, APPROVING ACQUISITION OF
1493 WALNUT CANYON ROAD PROPERTY FOR THE NORTH
HILLS PARKWAY CAPITAL IMPROVEMENT PROJECT (8061),
ACCEPTANCE OF GRANT DEED, AND AMENDING THE
FISCAL YEAR 2014/15 BUDGET BY APPROPRIATING
$650,000.00 FROM THE CITY-WIDE TRAFFIC MITIGATION
FUND (2002)
WHEREAS, on June 18, 2014, the City Council adopted the Operating and
Capital Improvement Projects Budget for Fiscal Year 2014/2015; and
WHEREAS, the City Council of the City of Moorpark desires to improve traffic
circulation in the City by creating the North Hills Parkway; and
WHEREAS, the adopted budget includes an aggregate appropriation of
$1 ,337,492.00 from the City-Wide Traffic Mitigation Fund (2002), of which $2,891.00 is
allocated for land acquisition; and
WHEREAS, the property owner of 1493 Walnut Canyon Road is willing to sell
their property to the City of Moorpark for a total purchase price of $640,000.00, plus
closing costs; and
WHEREAS, a staff report has been presented to the City Council requesting a
budget adjustment of $650,000.00 from the City-Wide Traffic Mitigation Fund (2002);
and
WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said
budget amendment and the resultant impacts to the budget line item.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. The City Clerk shall accept and consent to the recordation of the
grant deed.
SECTION 2. A budget amendment in the amount of $650,000.00 from the City-
Wide Traffic Mitigation Fund (2002), as more particularly described in Exhibit "A",
attached hereto, is hereby approved for property acquisition.
Resolution No. 2014-3325
Page 2
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 15th day of October, 2014.
Jenice S. Parvin, Mayor
ATTEST:
Maureen Benson, City Clerk
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Attachment: Exhibit A— Budget Amendment
Resolution No. 2014-3325
Page 3
EXHIBIT A
BUDGET AMENDMENT FOR
CITY-WIDE TRAFFIC MITIGATION FUND(2002)FOR ACQUISITION OF 1493 WALNUT CANYON ROAD
FY 2014/15
FUND ALLOCATION FROM:
Fund Account Number Amount
City-Wide Traffic Mitigation Fund 2002-5500 $ 650,000.00
Total $ 650,000.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number Current Budget Revision Amended Budget
2002-8310-8061-9610 $ 2,891.00 $ 650,000.00 $ 652,891.00
2002-8310-8061-9601 $ 1,034,601.00 $ 885,625.00
2002-8310-8061-9640 1 $ 300,000.00 $ 300,000.00
Total $ 1,337,492.00 $ 650,000.00 $ 1,987,492.00
Resolution No. 2014-3325
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. 2014-3325 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the
15th day of October, 2014, and that the same was adopted by the following vote:
AYES: Councilmembers Mikos, Millhouse, Pollock, Van Dam, and Mayor Parvin
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 5th day of November,
2014.
Maureen Benson, City Clerk
(seal)
ap.M CAL
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BATED