HomeMy WebLinkAboutRES CC 2014 3326 2014 1105 RESOLUTION NO. 2014-3326
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AUTHORIZING THE PURCHASE OF
TAX-DEFAULTED PROPERTY, APN 500-0-170-295, FROM THE
COUNTY OF VENTURA, AND AMENDING THE CITY'S FISCAL
YEAR 2014/15 BUDGET BY APPROPRIATING $99,112.00 FROM
THE ENDOWMENT FUND (2800)
WHEREAS, the City of Moorpark has received from the Ventura County
Treasurer-Tax Collector an Agreement to Purchase Tax-Defaulted Property for the real
property described as Assessor Parcel Number (APN) 500-0-170-295 and as Lot 2 in
the County of Ventura, State of California, as shown on Parcel Map No. 3220-1 filed in
Book 31, pages 75, 76 and 77 of Parcel Maps in the Office of the County Recorder of
said County, except easements and mineral rights of record ("PROPERTY"); and
WHEREAS, a staff report has been presented to the City Council recommending
the City Council authorize the City Manager to sign the Agreement to Purchase Tax-
Defaulted Property, and that the Council adopt a resolution authorizing the purchase of
the PROPERTY for $99,112.00 and amending the Fiscal Year 2014/15 Budget to fund
the purchase from the City's Endowment Fund; and
WHEREAS, on June 18, 2014, the City Council adopted the Operating and
Capital Improvement Budget for Fiscal Year 2014/15; and
WHEREAS, a budget adjustment in the aggregate amount of $99,112.00 is
requested from the Endowment Fund (2800) for the PROPERTY acquisition; and
WHEREAS, Exhibit A to this resolution 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. The City Council authorizes the purchase of the PROPERTY for
the purchase price of $99,112.00, and authorizes the City Manager to sign the
Agreement to Purchase Tax-Defaulted Property between the Board of Supervisors of
the County of Ventura, State of California ("SELLER") and the City of Moorpark
("PURCHASER").
SECTION 2. The City Council agrees that the PROPERTY shall be used for a
public purpose.
Resolution No. 2014-3326
Page 2
SECTION 3. A budget amendment in the amount of $99,112.00 from the
Endowment Fund (2800), as more particularly described in attached Exhibit A of this
resolution, is hereby approved.
SECTION 4. 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 November, 2014.
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J. ' ice S. Parvin, Mayor
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Attachment: Exhibit A— Budget Amendment
Resolution No. 2014-3326
Page 3
Exhibit A— Budget Amendment
FY 2014/15
BUDGET AMENDMENT FOR
ENDOWMENT FUND
TO FUND PURCHASE OF TAX-DEFAULTED PROPERTY APN 500-0-170-295 FROM
COUNTY OF VENTURA
FUND ALLOCATION FROM:
Fund Account Number Amount
Endowment Fund 2800-5500 $ 99,112.00
Total $ 99,112.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNT:
Current
Account Number Budget Revision Amended Budget
2800.2100.0000.9610 $ - $ 99,112.00 $ 99,112.00
Total $ - $ 99,112.00 $ 99,112.00
Resolution No. 2014-3326
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. 2014-3326 was
adopted by the City Council of the City of Moorpark at a special meeting held on the 5th
day of November, 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)
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