HomeMy WebLinkAboutRES CC 2016 3523 2016 0615 RESOLUTION NO. 2016-3523
A RESOLUTION OF CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2015/2016 BUDGET BY APPROPRIATING $470,000 FROM THE
ENDOWMENT FUND (2800) FOR THE PURCHASE A 2.14
ACRE PORTION OF APN 512-0-090-115
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 and resolution have been presented to the City Council
requesting authorization to accept the transfer of a 2.14 acre portion of APN 512-0-090-
115 for a future redevelopment in the downtown for $470,000 from the Successor
Agency to the Redevelopment Agency of the City of Moorpark; and
WHEREAS, a budget amendment of $470,000 is requested from the Endowment
Fund (2800) to fully fund the purchase of a 2.14 acre portion of APN 512-0-090-115;
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. The budget amendment of$470,000 from the Endowment 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 15th day of June, 2016.
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e S. Parvin, Mayor
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Maureen Benson, City Clerk ? <S7\n'
Exhibit A — Budget Amendment
Resolution No. 2016-3523
Page 2
EXHIBIT A
BUDGET AMENDMENT FOR
Endowment Fund(2800)for Purchase a 2.14 Acre Portion of APN 512-0-090-115
2015/16
FUND ALLOCATION FROM:
Fund Account Number Amount
Endowment Fund 2800-5500 $ 470,000.00
Total $ 470,000.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number Current Budget Revision Amended Budget
2800.7625.5038.9610 $ 0.00 $ 470,000 $ 470,000.00
Total $ 0.00 $ 470,000 $ 470,000.00
Resolution No. 2016-3523
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. 2016-3523 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 6th day of July, 2016.
Maureen Benson, City Clerk
(seal)
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