HomeMy WebLinkAboutRES CC 2016 3481 2016 0217 RESOLUTION NO. 2016-3481
A RESOLUTION OF CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2015/2016 BUDGET BY APPROPRIATING $45,000.00 FROM
THE ENDOWMENT FUND (2800) FOR PRE-PURCHASE
PROPERTY INVESTIGATIONS
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, on December 2, 2015, Resolution No. 2015-3462 approved funding
for pre-purchase property investigations; and
WHEREAS, a staff report has been presented requesting additional pre-
purchase property investigation funding for 702 Walnut Street and for a Phase II
Environmental Site Assessment at 500 Los Angeles Avenue, as well as, potential future
acquisitions; and
WHEREAS, an aggregate budget amendment of $45,000.00 is requested to fund
pre-purchase property investigations 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.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. A budget amendment in the amount $45,000.00 from the
Endowment Fund (2800), 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 17th day of February, 2016.
r -
Ja ce S. Pa vin, Mayor
ATTEST:
aK e4c
tat} atin.
Maureen Benson, City Clerk _ Co
l.-441
A — Budget Amendment kr vi
Resolution No. 2016-3481
Page 2
EXHIBIT A
BUDGET AMENDMENT FOR
Additional Pre-Purchase Property Investigation Services from the Endowment Fund
(2800)
Fiscal Year 2015/16
FUND ALLOCATION FROM:
Fund Account Number Amount
Endowment Fund 2800-5500 $ 45,000.00
Total $ 45,000.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number Current Budget Revision Amended Budget
2800.7625.0000.9102 $ 15,000.00 $ 45,000.00 $ 60,000.00
$ - $
Total $ 15,000.00 $ 45,000.00 $ 60,000.00
Resolution No. 2016-3481
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. 2016-3481 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the
17th day of February, 2016, 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 2nd day of March, 2016.
Maureen Benson, City Clerk
(seal)
„AG
a01"ti
�