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HomeMy WebLinkAboutRES CC 2016 3571 2016 1221 RESOLUTION NO. 2016-3571 A RESOLUTION OF CITY COUNCIL OF THE CITY OF MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR 2016/17 BUDGET BY APPROPRIATING $47,940.00 FROM THE ENDOWMENT FUND (2018) FOR SERVICES RELATED TO THE DISPOSITION OF PROPERTY ON SOUTH SIDE OF HIGH STREET (APN 512-0-090-115) (L0007) WHEREAS, on February 12, 2015, the State of California Department of Finance (DOF) approved the Successor Agency of the Redevelopment Agency of the City of Moorpark's (Successor Agency) Long Range Property Management Plan; and WHEREAS, on June 15, 2016 by Resolution No. SA-2016-15, the Successor Agency approved the sale of property 5.a APN 512-0-090-115, to the City of Moorpark; and 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, on November 16, 2016, the City Council approved Commercial Planned Development Permit No. 2016-04 and Conditional Use Permit No. 2016-04 for the construction and operation of a new food market, restaurant, banquet room, commercial kitchen and microbrewery at 44 High Street; and WHEREAS, until the grant deed for the property is transferred to the City of Moorpark, the Successor Agency to the Redevelopment Agency of the City of Moorpark currently owns 1.02 acres of the project site, which it intends to sell to Apricot Lane Market Holdings LLC; and WHEREAS, a staff report has been presented to City Council requesting an appropriation of $47,940.00 from the Endowment Fund (2018) for expenses related to the disposition of property at the project site; 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 $47,940.00 from the Endowment Fund (2018), as more particularly described in Exhibit "A", attached hereto, is hereby approved. Resolution No. 2016-3571 Page 2 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. ti • Jar ice S. Parvin, Mayor ATTEST: voil is orp Maureen Benson, City Clerk ' (411'''° : 0" -41•10v-rm Exhibit A— Budget Amendment Resolution No. 2016-3571 Page 3 EXHIBIT A BUDGET AMENDMENT FOR Endowment Fund (2018) for Expenses related to Disposition of Property at 192 High Street FISCAL YEAR 2016/17 FUND BALANCE ALLOCATION: Fund-Account Fund Title Number Amount ENDOWMENT FUND 2018-000-00000-33990 $ 47,940.00 Total $ 47,940.00 EXPENDITURE APPROPRIATION: Current Amended Account Number Budget Revision Budget 2018-172-L0007-51000 $ - $ 29,940.00 $ 29,940.00 2018-172-L0007-51040 $ - $ 18,000.00 $ 18,000.00 $ - $ - $ Total $ - $ 47,940.00 $ 47,940.00 Resolution No. 2016-3571 Page 4 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. 2016-3571 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) x,,,,,, ,.4:—. ,.fir ,.��: A