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HomeMy WebLinkAboutRES CC 2016 3569 2016 1221 RESOLUTION NO. 2016-3569 A RESOLUTION OF CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2016/17 BUDGET BY APPROPRIATING $775,000.00 FROM THE CITY-WIDE TRAFFIC MITIGATION FUND (2002) FOR PURCHASE OF PROPERTY AND PROPERTY MAINTENANCE OF 31 POINDEXTER AVENUE (COST CENTER NO. L0075) WHEREAS on June 15, 2016, the City of Moorpark adopted the Operating and Capital Improvement Projects budget for Fiscal Year(FY) 2016/17; and WHEREAS, a staff report has been presented to City Council authorizing the purchase of the property located on 31 Poindexter Avenue for the future widening of Moorpark Avenue; and WHEREAS, an aggregate budget amendment of $775,000.00 from the City-wide Traffic Mitigation Fund (2002) is requested - $770,000 for property purchase appropriated in Moorpark Avenue Widening Project (C0004) and $5,000 for maintenance expenses in the Property Maintenance Division (172) for 31 Poindexter Avenue (Cost Center No. L0075); 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. A budget amendment in the amount $775,000.00 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 21st day of December, 2016. ►i. ' Jani, a S. P.rvi , Mayor ATTEST: Maureen Benson, City Clerk 0 4xmlizt,e) Exhibit A — Budget Amendment 1sin a# 14. NT.0 30v: Resolution No. 2016-3569 Page 2 EXHIBIT A BUDGET AMENDMENT FOR CITY WIDE TRAFFIC MITIGATION FUND FOR PURCHASE AND MAINTENANCE COSTS FOR 31 POINDEXTER FISCAL YEAR 2016/17 FUND BALANCE ALLOCATION: Fund-Account Fund Title Number Amount City-wide Traffic Mitigation Fund 2002-000-00000-33990 $ 775,000.00 Total $ 775,000.00 EXPENDITURE APPROPRIATION: Amended Account Number Current Budget Revision Budget 2002-311-00004-55300 $ - $ - $ - 2002-311-00004-55100 $ 600,000.00 $ 770,000.00 $ 1,370,000.00 2002-172-L0075-53000 $ - $ 5,000.00 $ 5,000.00 $ - $ - $ Total $ 600,000.00 $ 775,000.00 $ 1,375,000.00 Resolution No. 2016-3569 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. 2016-3569 was adopted by the City Council of the City of Moorpark at a regular meeting held on the 21st day of December, 2016, and that the same was adopted by the following vote: AYES: Councilmembers Mikos, Pollock, Van Dam, and Mayor Parvin NOES: None ABSENT: Councilmember Simons ABSTAIN: None WITNESS my hand and the official seal of said City this 5th day of January, 2017. Maureen Benson, City Clerk (seal) 0