HomeMy WebLinkAboutRES CC 2016 3525 2016 0615 RESOLUTION NO. 2016-3525
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2015/16 BUDGET TO APPROPRIATE $540,601 FROM LOS
ANGELES AVENUE AREA OF CONTRIBUTION FUND (2501),
AND AUTHORIZE A BUDGET LINE ITEM TRANSFER OF
$21,000 FROM DESIGN/ENGINEERING (9601) TO
CONSTRUCTION OF STREETS (9640) FOR ADDITIONAL
CONSTRUCTION SERVICES FOR THE STATE HIGHWAY 118
(LOS ANGELES AVENUE) WIDENING FROM MAUREEN LANE
TO LETA YANCY ROAD (PROJECT 8058)
WHEREAS, on June 17, 2015, the City Council adopted the Operating and
Capital Improvements Projects budget for Fiscal Year 2015/16 by Resolution No. 2015-
3408 and the adopted budget includes the State Highway 118 (Los Angeles Avenue)
Widening from Maureen Lane to Leta Yancy Road Capital Improvement Project 8058 with
an estimated carryover appropriation of $607,130. The resolution authorized the City
Manager to amend the Capital Improvement Budget for FY 2015/16 after the final
accounting of FY 2014/15 project costs. Finance staff has completed the final project
accounting and determined that the continuing appropriation for the project is
$1,219,275; and
WHEREAS, on November 4, 2015, the City Council adopted a budget adjustment
increase of $50,000 from Los Angeles Avenue Area of Contribution Fund (2501) by
Resolution No. 2015-3453 and the current appropriation for the project is $1,269,275; and
WHEREAS, a staff report was presented to the City Council proposing a budget
line item transfer of$21,000 from Design/Engineering to Construction of Streets; and
WHEREAS, a staff report also presented to the City Council a request for a budget
adjustment increase of$540,601 from Fund (2501); 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. A budget line item transfer of $21,000 from Design/Engineering
(Expenditure Account 9601) to Construction of Streets (Expenditure Account 9640) as
more particularly described in Exhibit "A", is hereby approved.
SECTION 2. That a budget amendment in the aggregate increase of $540,601
as more particularly described in Exhibit "A", is hereby approved.
Resolution No. 2016-3525
Page 2
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 15th day of June, 2016.
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41 , ice S. Parvin, Mayor
ATTEST: .---,,
MaureenL' City ( 41 Ve m
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Attachment: Exhibit 'A': Appropriation and Budget Detail 9tTFO ' 'y
Resolution No. 2016-3525
Page 3
EXHIBIT "A"
BUDGET AMENDMENT FOR
LA AOC FUND (2501)
TO APPROPRIATE FUNDING FOR CONSTRUCTION OF
LOS ANGELES AVENUE WIDENING FROM MAUREEN LANE TO
LETA YANCY ROAD PROJECT 8058
FY 2015-2016
FUND ALLOCATION FROM:
Fund Account Number Amount
LA AOC 2501-5500 $ 540,601
Total $ 540,601
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number Current Budget Revision Amended Budget
2501.8310.8058.9601 $ 21,000 $ (21,000) $ 0
2501.8310.8058.9640 $ 1,084,168 $ 476,601 $ 1,560,769
2501.8310.8058.9650 $ 164,107 $ 85,000 $ 249,107
Total $ 1,269,275 $ 540,601 $ 1,809,876
Resolution No. 2016-3525
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. 2016-3525 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the
15th day of June, 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 22nd day of June, 2016.
Maureen Benson, City Clerk
(seal)
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