HomeMy WebLinkAboutRES CC 2015 3457 2015 1104 RESOLUTION NO. 2015-3457
A RESOLUTION OF CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2015/2016 BUDGET BY APPROPRIATING $220,000.00 FROM
THE CITY AFFORDABLE HOUSING FUND (2201) FOR
PURCHASE OF FIRST TIME HOME BUYER UNIT AT 6774
BOUNTIFUL LANE
WHEREAS, on June 17, 2015, the City of Moorpark adopted the Operating and
Capital Improvement Projects budget for Fiscal Year (FY) 2015/16; and
WHEREAS, a staff report has been presented to the City Council recommending
approval of purchase of First Time Home Buyer unit located at 6774 Bountiful Lane,
Moorpark, California 93021; and
WHEREAS, an aggregate budget amendment of $220,000.00 is requested to
fund the purchase of the unit from the City Affordable Housing Fund (2201); 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. A budget amendment in the amount $220,000 from the City
Affordable Housing Fund, 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 4th day of November, 2015.
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Ja,ice S. Parvin, Mayor
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ATTEST:
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Maureen Benson, City Clerk %,/1frio
Exhibit A— Budget Amendment
Resolution No. 2015-3457
Page 2
EXHIBIT A
BUDGET AMENDMENT FOR
City Affordable Housing Fund for purchase of 6774 Bountiful Lane
FISCAL YEAR 2015/16
FUND ALLOCATION FROM:
Fund Account Number Amount
City Affordable Housing Fund 2201-5500 $ 220,000.00
$
Total $ 220,000.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Current
Account Number Budget Revision Amended Bud•et
2201.2430.5025.9610 $ - 220,000.00 $ 220,000.00
$ - $ - $
Total $ - 220,000.00 $ 220,000.00
Resolution No. 2015-3457
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. 2015-3457 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the 4th
day of November, 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 9th day of November,
2015.
Maureen Benson, City Clerk
(seal)
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