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HomeMy WebLinkAboutRES CC 2016 3537 2016 0720 RESOLUTION NO. 2016-3537 A RESOLUTION OF CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2016/17 BUDGET BY APPROPRIATING $600,000.00 FROM THE CITY-WIDE TRAFFIC MITIGATION FUND (2002) FOR PROPERTY ACQUISITIONS FOR THE MOORPARK AVENUE WIDENING PROJECT (CIP 8040) WHEREAS, on June 15, 2016, the City of Moorpark adopted the Operating and Capital Improvement Projects budget for Fiscal Year (FY) 2016/17 which does not include an appropriation for land acquisition in the Moorpark Avenue Widening Capital Improvement Project 8040 (CIP 8040); and WHEREAS, a staff report has been presented to City Council requesting an appropriation of $600,000 from the City-wide Traffic Mitigation Fund (2002) for potential property acquisitions relating to the CIP 8040; and WHEREAS, Exhibit "A", attached hereto and made a part hereof, describes said budget amendment and the resultant impact to the budget line item. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. A budget amendment in the amount $600,000.00 from the City- wide Traffic Mitigation Fund (2002), 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 20th day of July, 2016. • Jan ce S. Parvin, Mayor ATT Maureen Benson, City Clerk `n ,? y Exhibit A — Budget Amendment Resolution No. 2016-3537 Page 2 EXHIBIT A BUDGET AMENDMENT FOR City-wide Traffic Mitigation Fund (2002)for Moorpark Avenue Widening Project(CIP 8040) Land Acquisition FISCAL YEAR 2016/17 FUND ALLOCATION FROM: Fund Account Number Amount City-Wide Traffic Mitigation Fund 2002-5500 $ 600,000.00 Total $ 600,000.00 DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS: Account Number Current Budget Revision Amended Budget 2002.8310.8040.9601 $ - $ - $ 2002.8310.8040.9610 $ - $ 600,000.00 $ 600,000.00 $ $ Total $ - $ 600,000.00 $ 600,000.00 Resolution No. 2016-3537 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. 2016-3537 was adopted by the City Council of the City of Moorpark at a special meeting held on the 20th day of July, 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 28th day of July, 2016. Maureen Benson, City Clerk (seal) f f- Mt A \.• .lab f