HomeMy WebLinkAboutRES CC 2017 3656 2017 1206 RESOLUTION NO. 2017-3656
A RESOLUTION OF CITY COUNCIL OF THE CITY OF
MOORPARK, CALIFORNIA, RENAMING CERTAIN PARK
IMPROVEMENT FUNDS; CLOSING PARK DEVELOPMENT FEE
ZONE 2 FUND (2012) AND TRANSFERRING ITS REMAINING
ASSETS, LIABILITIES AND FUND BALANCES TO PARK
IMPROVEMENT ZONE 2017-1 FUND (2011)
WHEREAS, on December 6, 2000, the City Council approved changes to the
boundaries of the Park Improvement Zones (Zones) from six Zones to three Zones in
addition to a Community Wide Zone; and
WHEREAS, a staff report has been presented to the City Council discussing the
need to revise the Zone boundaries, from three Zones to two Zones, generally divided
by Los Angeles Avenue, in addition to a Community Wide Zone. Consistent with this
change, staff is recommending to rename the Park Development Fee Zone 1 Fund
(2011) to Park Improvement Zone 2017-1 Fund (2011); and Park Development Fee
Zone 3 Fund (2013) to Park Improvement Zone 2017-2 (2013); and
WHEREAS, the rezoning of the boundaries will require the closure of Park
Development Fee Zone 2 Fund (2012); the transfer of any remaining assets, liabilities
and fund balances; and budget transfer of $40,000 expenditure appropriations to Park
Improvement Zone 2017-1 Fund (2011); 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. Park Development Fee Zone 1 Fund (2011) is hereby renamed as
Park Improvement Zone 2017-1 Fund (2011) and Park Development Fee Zone 3 Fund
(2013) is hereby retitled as Park Improvement Zone 2017-2 Fund (2013).
SECTION 2. Park Development Fee Zone 2 Fund (2012) is hereby closed and
all assets, liabilities and fund balances are transferred to Park Improvement Zone 2017-
1 (2011).
SECTION 3. The aggregate budget transfer of $40,000 from Park Development
Fee Zone 2 Fund (2012) to Park Improvement Zone 2017-1 Fund (2011) as more
particularly described in Exhibit "A", attached hereto, is hereby approved.
Resolution No. 2017-3656
Page 2
SECTION 4. 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 6th day of December, 2017.
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( Janice S. Parvin, Mayor
ATTEST:
Maureen Benson, City Clerk
Exhibit A — Budget Amendment
Resolution No. 2017-3656
Page 3
EXHIBIT A
BUDGET AMENDMENT FOR
PARK IMPROVEMENT ZONE 2017-1 (2011)
BUDGET AMENDMENT FOR
PARK BOUNDARIES REZONING
FISCAL YEAR 2017/2018
FUND BALANCE ALLOCATION:
Fund Title Fund-Account Number Amount
Park Development Fee Zone 2 2012-000-00000-33990 $ (40,000.00)
Park Improvement Zone 2017-1 2011-000-00000-33990 $ 40,000.00
Total $ -
EXPENDITURE APPROPRIATION:
Account Number Current Budget Revision Amended Budget
2012-541-R0080-53000 $ 10,000.00 _ $ (10,000.00) $ -
2012-541-R0090-53000 $ 10,000.00 $ (10,000.00). $ -
2012-541-R0100-53000 $ 10,000.00 $ (10,000.00) $ -
2012-541-R0111-53000 $ 10,000.00 $ (10,000.00). $ -
2011-541-R0080-53000 $ - $ 10,000.00 _ $ 10,000.00
2011-541-R0090-53000 $ - $ 10,000.00 $ 10,000.00
2011-541-R0100-53000 $ - $ 10,000.00 $ 10,000.00
2011-541-R0111-53000 $ - $ 10,000.00 $ 10,000.00
Total $ 40,000.00 $ - $ 40,000.00
Resolution No. 2017-3656
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. 2017-3656 was
adopted by the City Council of the City of Moorpark at a regular meeting held on the 6th
day of December 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 20th day of December,
2017.
Maureen Benson, City Clerk
(seal)
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