HomeMy WebLinkAboutRES CC 2015 3419 2015 0701 RESOLUTION NO. 2015-3419
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2015/2016 BUDGET TO INCREASE REVENUE AND
APPROPRIATE $40,000 FROM THE GENERAL FUND (1000)
TO CONDUCT A RETAIL, OFFICE, AND HOTEL STUDY
WHEREAS, on June 17, 2015, the City of Moorpark adopted the Operating and
Capital Improvement budget for Fiscal Year 2015/16; and
WHEREAS, a staff report has been presented to the City Council recommending
the approval of a professional services agreement with Keyser Marston Associates to
conduct a retail, office, and hotel study; and
WHEREAS, the City has conditioned certain developers to finance this study as
part of their request to re-designate the commercial zoning of their property to a
residential use; and
WHEREAS, a budget appropriation in the amount of $40,000 is requested from
the General Fund (1000) to allocate funding for the retail, office, and hotel study; and
WHEREAS, Exhibit "A", attached hereto and made a part hereof, 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. A revenue budget amendment in the amount of $40,000 from the
General Fund (1000), as more particularly described in Exhibit "A", attached hereto, is
hereby approved.
SECTION 2. An expenditure budget amendment in the amount of $40,000 from
the General Fund (1000), as more particularly described in Exhibit "A", attached hereto,
is hereby approved.
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 1st day of July, 2015
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ATTEST:
Maureen Benson, City Clerk kil�t �a
Exhibit A— Budget Amendment ��
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Resolution No. 2015-3419
Page 2
EXHIBIT A
BUDGET AMENDMENT FOR
General Fund (1000) for Professional Services Agreement to Conduct a
Retail, Office, and Hotel Study
FISCAL YEAR 2015/16
FUND BALANCE ALLOCATION:
Fund-Account
Fund Title Number Amount
General Fund 1000-5500 $ -
Total $ -
REVENUE BUDGET ALLOCATION:
Amended
Account Number Current Budget Revision Budget
1000-3751 $ 210,000.00 $ 40,000.00 $ 250,000.00
$ - $ - $
Total $ 210,000.00 $ 40,000.00 $ 250,000.00
EXPENDITURE APPROPRIATION:
Amended
Account Number Current Budget Revision Budget
1000.2410.0000.9103 $ 9,300.00 $ 40,000.00 $ 49,300.00
$ - $ - $
Total $ 9,300.00 $ 40,000.00 $ 49,300.00
Resolution No. 2015-3419
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. 2015-3419 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the 1st
day of July, 2015, and that the same was adopted by the following vote:
AYES: Councilmembers Mikos, Millhouse, Pollock, and Mayor Parvin
NOES: None
ABSENT: Councilmember Van Dam
ABSTAIN: None
WITNESS my hand and the official seal of said City this 16th day of July, 2015.
Maureen Benson, City Clerk
(seal)
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