HomeMy WebLinkAboutRES CC 2015 3468 2015 1216 RESOLUTION NO. 2015-3468
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, APPROVING ACQUISITION OF 61
HIGH STREET, ACCEPTANCE OF GRANT DEED, AND
AUTHORIZING THE CITY MANAGER TO EXECUTE ALL
DOCUMENTS NECESSARY TO EFFECTUATE THIS
TRANSACTION AND AMENDING THE FISCAL YEAR 2015/16
BUDGET TO FUND THE PURCHASE
WHEREAS, on June 17, 2015, the City Council adopted the Operating and
Capital Improvement Projects Budget for Fiscal Year 2015/16; and
WHEREAS, the City Council of the City of Moorpark desires to enhance cultural
amenities in the City for the benefit of the public by providing a support facility for the
High Street Arts Center; and
WHEREAS, a staff report has been presented to the City Council requesting
approval of the purchase of the property at 61 High Street; and
WHEREAS, on November 24, 2015, the Planning Commission found that
acquisition of the property at 61 High Street is in conformance with the Moorpark
General Plan, as required by Section 65402 of the Government Code of the State of
California; and
WHEREAS, the owner of the Property is willing to sell the Property to the City of
Moorpark for a total purchase price of $880,000.00, plus closing costs; and
WHEREAS, an aggregate budget amendment of $880,000 plus $5,000 in closing
costs for a total of $885,000 is requested to fund the purchase of the property from the
Endowment Fund (2800); and
WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said
budget amendment and the resultant impact to the budget line items.
WHEREAS, pursuant to Government Code Section 27281 , the Certificate of
Acceptance required for the City to acquire property shall include the resolution number
of the City Council's approval of the acquisition.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1 . A budget amendment in the amount $885,000 from the Endowment
Fund (2800), as more particularly described in Exhibit "A", attached hereto, is hereby
approved.
Resolution No. 2015-3468
Page 2
SECTION 2. The City Clerk shall accept and consent to the recordation of the
grant deed.
SECTION 3. The City Manager shall execute all documents necessary to
effectuate this transaction.
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 16th day of December, 2015.
Site S. Parvin, Mayor
ATTEST: S
(191-4444-41
Maureen Benson, City Clerk
G { m
Exhibit A — Budget Amendment �Gf
Resolution No. 2015-3468
Page 3
EXHIBIT A
BUDGET AMENDMENT FOR
ENDOWMENT FUND (2800)
ACQUISITION OF 61 HIGH STREET
FISCAL YEAR 2015/16
FUND BALANCE ALLOCATION:
Fund-Account
Fund Title Number Amount
ENDOWMENT FUND 2800-5500 $ 885,000.00
Total $ 885,000.00
EXPENDITURE APPROPRIATION:
Current Amended
Account Number Budget Revision Budget
2800.7625.5096.9610 $ - $ 885,000.00 $ 885,000.00
Total $ - $ 885,000.00 $ 885,000.00
Resolution No. 2015-3468
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. 2015-3468 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the
16th day of December, 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 7th day of January,
2016.
Maureen Benson, City Clerk
(seal)
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