HomeMy WebLinkAboutRES CC 2017 3643 2017 1101 RESOLUTION NO. 2017-3643
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, AMENDING THE FISCAL YEAR
2017/18 BUDGET TO APPROPRIATE $50,000.00 FROM THE
GENERAL FUND (1000) FOR FINANCIAL ADVISORY AND
LEGAL SERVICES FOR THE ACQUISITION OF THE
STREETLIGHT SYSTEM IN THE CITY OF MOORPARK (C0050)
WHEREAS, on June 21, 2017, the City Council adopted the Operating and
Capital Improvement Projects Budget for Fiscal Year 2017/18; and
WHEREAS, a staff report has been presented to the City Council requesting an
aggregate expenditure budget increase of $50,000.00 for financial advisory and legal
services from the General Fund (1000) for acquisition of the streetlight system in the
City of Moorpark (C0050); 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. An expenditure budget increase of $50,000.00 for financial advisory
and legal services from the General Fund (1000) 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 1st day of November, 2017.
•
Ja ce S. Parvin, Mayor
ATTEST:
Maureen Benson, City Clerkatitipk„-\,6,„
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Exhibit A — Budget Amendment �r� '�
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Resolution No. 2017-3643
Page 2
EXHIBIT A
BUDGET AMENDMENT FOR
GENERAL FUND (1000)
FOR LEGAL AND FINANCIAL ADVISORY SERVICES RELATED TO ACQUISITION OF
THE STREETLIGHT SYSTEM IN THE CITY OF MOORPARK
FISCAL YEAR 2017/18
FUND BALANCE ALLOCATION:
Fund Title Fund-Account Number Amount
GENERAL FUND 1000-000-00000-33990 $ 50,000.00
Total $ 50,000.00
EXPENDITURE APPROPRIATION:
Current Amended
Account Number Budget Revision Budget
1000-310-00050-51040 - $ 5,000.00 $ 5,000.00
1000-310-00050-51000 - $ 45,000.00 $ 45,000.00
1000-310-00050-55200 - $ - $ -
- $ - $
Total - $ 50,000.00 $ 50,000.00
Resolution No. 2017-3643
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. 2017-3643 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the 1st
day of November, 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 15th day of November,
2017.
Maureen Benson, City Clerk
(seal)
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