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HomeMy WebLinkAboutAGENDA REPORT 2009 1021 CC REG ITEM 10F ITEM 10.F. MOORPARK CITY COUNCIL AGENDA REPORT TO: Honorable City Council FROM: Ron Ahlers, Finance Director DATE: October 14, 2009 (CC Meeting of 10/21/2009) SUBJECT: Consider Resolution Amending Fiscal Year 2009/10 Budget by Appropriating Moorpark Redevelopment Agency (MRA) 2001 Tax Allocation Bond Proceeds to Fund the High Street Streetscape Design BACKGROUND On June 3, 2009, the City Council directed staff to amend the Lawrence Moss & Associates contract to include the preparation of the Design and Development phase for the selected High Street streetscape concept. This contract amendment amounted to a total of $45,000 in work to be performed by Lawrence Moss & Associates. DISCUSSION The Lawrence Moss & Associates contract was subsequently amended by the Community Development Department and the related work commenced in July 2009. Lawrence Moss & Associates recently completed the current phase of the High Street Streetscape project and submitted invoices related to this work. However, when staff submitted the related check request, it was discovered that the City had not budgeted or transferred the funds necessary to account for the $45,000 expense. STAFF RECOMMENDATION (Roll Call Vote Required) Adopt Resolution No. 2009- amending the fiscal year 2009/2010 budget as noted in Exhibit "A" to the attached resolution. Attachments: 1 . Resolution 2009- 249 RESOLUTION NO. 2009- A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2009/2010 BUDGET BY ALLOCATING $45,000 FROM THE MRA 2001 TAX ALLOCATION BOND PROCEEDS FUND (2904) TO THE HIGH STREET STREETSCAPE PROJECT (5056) FOR PROFESSIONAL SERVICES RELATED TO HIGH STREET DESIGN SERVICES WHEREAS, on June 3, 2009, City Council approved the High Street Streetscape concept and directed staff to amend the Lawrence Moss & Associates contract for the design and development phase of said project; and WHEREAS, on July 1, 2009, the City Council adopted the budget for Fiscal Year 2009/2010; and WHEREAS, a staff report has been presented to said City Council requesting a budget amendment allocating $45,000 to the High Street Streetscape Project (5056) from the MRA 2001 Tax Allocation Bond Proceeds Fund (2904) for professional services associated with High Street streetscape design services; and WHEREAS, a budget amendment is required to codify this reallocation. NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That a budget amendment in the amount of $45,000 in MRA 2001 Tax Allocation Bond Proceeds Fund (2904) as 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 21st day of October, 2009. Janice S. Parvin, Mayor ATTEST: Deborah S. Traffenstedt, City Clerk Attachment: Exhibit A- Budget Amendment 250 EXHIBIT A BUDGET AMENDMENT FOR MRA 2001 TAX ALLOCATION BOND PROCEEDS FUND (2904) FOR HIGH STREET STREETSCAPE CONCEPT DESIGN AND DEVELOPMENT PHASE FY 2009110 FUND BALANCE ALLOCATION: Fund Title Fund-Account Number Amount 2001 Tax Allocation Bond Proceeds 2904-5500 $ 45,000.00 Total $ 45,000.00 EXPENDITURE APPROPRIATION: Account Number Current Budget Revision Amended Budget 2904-6100-5056-9102 $ - $ 45,000.00 $ 45,000.00 Total $ - $ 45,000.00 $ 45,000.00 Finance Approval: e—,v 251