HomeMy WebLinkAboutAGENDA REPORT 2008 0402 CC REG ITEM 10H MEM
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MOORPARK CITY COUNCIL a'(�0
AGENDA REPORT 7y
TO: Honorable City Council
FROM: David C. Moe II, Redevelopment Manage
BY: Jessica Sczepan, Administrative Special'
DATE: March 25, 2008 (CC Meeting of 4/2/08)
SUBJECT: Consider Resolution Amending Fiscal Year 2007/08 Budget to
Fund 14303 Princeton Avenue Demolition Project
BACKGROUND AND DISCUSSION
The City acquired 14245 and 14303 Princeton Avenue for road widening purposes. On
January 16, 2008, the Redevelopment Agency Board approved a demolition contract for
14245 Princeton Avenue, 460 Charles Street, and 1095 Walnut Canyon Road. On April
2, 2008, the Agency Board approved an amendment to the demolition contract, which
added 14303 Princeton Avenue to the demolition project.
FISCAL IMPACT
Funds are budgeted in the Los Angeles A.O.C. Fund (2501) in the amount of $24,000
for site clearance related to the widening of Princeton Avenue. The total cost of the work
at 14245 Princeton Avenue and 14303 Princeton Avenue will be $28,380. A budget
amendment in the amount of $6,011 from the Los Angeles A.O.C. fund is required to
fully fund this project. This includes an approximate 10% project contingency for the
14303 Princeton Avenue demolition.
STAFF RECOMMENDATION (ROLL CALL VOTE)
Adopt Resolution No. 2008-
Attachment 1 — Resolution No. 2008-
X00057
ATTACHMENT 1
RESOLUTION NO. 2008 -
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK ("CITY"), CALIFORNIA, AMENDING THE FISCAL
YEAR 2007/2008 BUDGET BY APPROPRIATING $6,011 FROM
THE LOS ANGELES A.O.C. (2501) FUND FOR DEMOLITION OF
14303 PRINCETON AVENUE
WHEREAS, on June 20, 2007, the City Council adopted the budget for Fiscal
Year 2007/2008; and
WHEREAS, the City desires to demolish buildings located at 14303 Princeton
Avenue; and
WHEREAS, a budget amendment is needed to fund the demolition of these
buildings.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. A budget amendment in the amount of $6,011 from the Los
Angeles A.O.C. 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 2nd day of April, 2008.
Patrick Hunter, Mayor
ATTEST:
Deborah S. Traffenstedt, City Clerk
Attachment: Exhibit "A" — Budget Amendment Detail
#00058
EXHIBIT A
BUDGET AMENDMENT FOR
LOS ANGELES AVENUE A.O.C.
FY 2007-08
FUND ALLOCATION FROM:
Fund Account Number Amount
L.A. AOC Fund 2501-5500 $ 6,011.00
Total $ 6,011.00
DISTRIBUTION OF APPROPRIATION TO EXPENSE ACCOUNTS:
Account Number Current Budget Revision Amended Budget
2501.8310.8012.9611 $ 24,000.00 $ 6,011.00 $ 30,011.00
$ - $
Total $ 24,000.00 $ 6,011.00 $ 30,011.00
Approved as to Form:
.400059