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HomeMy WebLinkAboutRES CC 2015 3371 2015 0304 RESOLUTION NO. 2015-3371 A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2014/15 BUDGET TO APPROPRIATE FUNDS FROM GENERAL RESERVE FUND (1000) FOR DRAINAGE IMPROVEMENTS AT 11910 POINDEXTER AVENUE WHEREAS, on June 18, 2014, the City Council adopted the Operating and Capital Improvements Projects budget for Fiscal Year 2014/2015; and WHEREAS, the City and Pindler & Pindler, Inc. (Pindler) executed a Mutual General Release and Settlement Agreement (Agreement) on April 2, 2014; and WHEREAS, the Agreement provides that upon completion of certain drainage and landscaping improvements by Pindler, the City will pay$27,000 to Pindler; and WHEREAS, the improvements, including a new, larger catch basin on Poindexter Avenue and two new pipes connecting the catch basin to Pindler's drainage system, have been completed and were inspected and approved by the City on February 12, 2015; and WHEREAS, a staff report has been presented to the City Council requesting a budget adjustment increase of $27,000 from General Reserve Fund (1000) for drainage improvements at 11910 Poindexter Avenue; and WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said budget amendment and its resultant impact to the budget line items. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That a budget amendment in the aggregate increase of $27,000 as more particularly described in Exhibit "A" 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 4th day of March, 2015. MPAAAPA- a'ce S. Parvin, Mayor ATTEST: Maureen Benson, City Clerk (0Artif ..:�'.,.� Attachment: Exhibit 'A': Appropriation and Budget Detail > 411 � ~ Resolution No. 2015-3771 Page 2 EXHIBIT "A" BUDGET AMENDMENT FOR GENERAL RESERVE FUND (1000) TO APPROPRIATE FUNDING FOR DRAINAGE IMPROVEMENTS AT 11910 POINDEXTER AVENUE FY 2014-2015 FUND ALLOCATION FROM: Fund Account Number Amount General Reserve 1000-5500 $27,000.00 Total $27,000.00 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget 1000.8100.0000.9125 $ - $27,000.00 $27,000.00 Total $ - $27,000.00 $27,000.00 Resolution No. 2015-3771 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. 2015-3371 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 4th day of March, 2015, 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 18th day of March, 2015. Maureen Benson, City Clerk (seal) /'/ Tilt/4 N1/4..' ' : 41 1410,7