HomeMy WebLinkAboutRES CC 2017 3636 2017 1018 RESOLUTION NO. 2017-3636
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL
YEAR 2017/18 BUDGET BY INCREASING
EXPENDITURES BY $175,000 FOR THE MOORPARK
NORTH-EAST OPEN SPACE PROPERTY PURCHASE
PROJECT
WHEREAS, on June 21, 2017, the City Council adopted the Operating and
Capital Improvement Budget for Fiscal Year 2017/18, including funding for the Moorpark
North-East Open Space Property Purchase Project; and
WHEREAS, a staff report has been presented to the City Council discussing the
need for a budget amendment to provide additional funding for the Moorpark North-East
Open Space Property Purchase Project; and
WHEREAS, Exhibit "A" hereof describes said budget amendment and its
resultant impact to the project budget line items.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK
DOES HEREBY RESOLVE AS FOLLOWS:
SECTION 1. A Fiscal Year 2017/18 budget amendment to appropriate an
additional $175,000 in the Moorpark North-East Open Space Property Purchase
Project, as more particularly described in Exhibit "A," attached hereto, is hereby
approved.
SECTION 2. That the City Clerk shall certify to the passage and adoption of
this Resolution and shall enter it into the book of original resolutions.
PASSED AND ADOPTED this 18th day of October, 2017.
Ja►ice S. Parvin, Mayor
ATTEST:
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Maureen Benson, City Clerkfi
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Attachment: Budget Amendment ` •A4
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Resolution No. 2017-3636
Page 2
ENDOWMENT FUND
CAPITAL IMPROVEMENTS
MOORPARK NORTH-EAST OPEN SPACE PROPERTY PURCHASE
FISCAL YEAR 2017/18
FUND BALANCE ALLOCATION:
Fund Title Fund-Account Number Amount
Endowment Fund 2018-33990 $ 175,000.00
Total ,$ 175,000.00
EXPENDITURE APPROPRIATION:
Account Number Current Budget Revision Amended
Budget
2018.173.L0074.55100 $ 1,400,000.00 $ 100,000.00 $ 1,500,000.00
2018.173.L0074.51000 $ 80,000.00 $ 65,000.00 $ 145,000.00
2018.173.L0074.51040 $ 20,000.00 $ 10,000.00 $ 30,000.00
$ - $ - $Total $ 1,500,000.00 $ 175,000.00 $ 1,675,000.00
Resolution No. 2017-3636
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. 2017-3636 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the
18th day of October, 2017, and that the same was adopted by the following vote:
AYES: Councilmembers Mikos, Pollock, Simons, Van Dam, and Mayor Parvin
NOES: None
ABSENT: None
ABSTAIN: None
WITNESS my hand and the official seal of said City this 1st day of November,
2017.
14-0--+-.--/
Maureen Benson, City Clerk
(seal)
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