HomeMy WebLinkAboutAGENDA REPORT 1998 0121 CC REG ITEM 11KITEM
CITY OF MOORPARK, CALIFORNIA
CITY COUNCIL AGENDA REPORT City Council Mee.i:
CITY OF MOORPARK of 21 1 ^jl�;
AC. o0sd
TO: The Honorable City Council -
FROM: Mary K. Lindley, Director of Community Services
DATE: January 15, 1998 (Council Meeting of January 21)
SUBJECT: Consider Resolution No. 98 -_, Amending the General Fund (100) and the
Park Improvement Fund (212) in the 1997/98 Budget for the Construction of
a Fence at AVCP
Discussion
On June 18, 1997, the City Council approved a loan from the General Fund to the Park
Improvement Fund in the amount of $7,000 for the construction of a wooden fence along the
south side of the newly improved access road at AVCP. A budget amended is being initiated
now, consistent with Council's actions, to appropriately fund the fence project.
The fence along the south side of the AVCP access road was constructed in conjunction with
other fence improvements associated with AVCP Pedestrian Bridge, which included a fence
delineating Edison's property and easement south of the bridge and a fence along the landscaped
areas in the parking lot on the north side of the bridge. The total project was competed for
$14,786. Of the total cost, $7,000 is attributable to AVCP.
The attached Resolution authorizes a loan in the amount of $7,000 from the General Fund to the
Park Improvement Fund - Community Park Zone 1, and approves the transfer of the $7,000 from
the Park Improvement Fund to the City's Capital Improvement Fund for expenditure.
Recommendation
Staff recommends that the City Council adopt Resolution No. 98- , amending the FY 1997/98
Budget for the construction of a wooden fence at AVCP.
Attachment
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00C t C
308.4(If.)6 )
RESOLUTION NUMBER 98-
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF MOORPARK
AMENDING THE FY 1997/98 BUDGET FOR EXPENSES RELATED TO
THE CONSTRUCTION OF A FENCE AT ARROYO VISTA COMMUNITY
PARK IN THE AMOUNT OF $7,000 FROM THE PARK IMPROVEMENT
BUDGET, COMMUNITY PARK ZONE (212) AND AUTHORIZING AN
INTER -FUND LOAN OF $7,000 FROM THE GENERAL FUND (FUND 100)
TO THE PARK IMPROVEMENT FUND (FUND 212).
WHEREAS, on June 18, 1997, the City Council adopted the Budget for Fiscal Year
1997/98; and,
WHEREAS, said budget included a $7,000 General Fund loan to the Park Improvement
Fund to construct a fence along the south side of the AVCP access road; and,
WHEREAS, staff has presented the Council with a report requesting a transfer from the
Park Improvement Fund (212) to the Capital Improvement Fund (400) to complete the fence
project; and,
WHEREAS, Exhibit "A" hereof describes said budget amendment and its resultant
impacts to the budget line item(s); and
WHEREAS, the Council desires to fund the fence from the Park Improvement Fund
(212).
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF MOORPARK DOES
RESOLVE AS FOLLOWS:
A budget amendment in the amount of $7,000 as more particularly described in Exhibit
"A" attached hereto is hereby approved; and,
A loan in the amount of $7,000 from the General Fund (Fund 100) to the Park
Improvement Fund - Community Zone (212) as more particularly described in Exhibit "A"
attached hereto is hereby approved.
PASSED, APPROVED AND ADOPTED this 21st day of January, 1998.
Patrick Hunter
Mayor
ATTEST:
Debra Traffenstedt, City Clerk
C ADOCS \COMSERV\AVCPFENC.AGD
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Resolution No. 98-
Exhibit "A"
RECOGNITION OF INTER -FUND LOAN
JIMN IJ UN U r u n"
CURRENT
SUPPLEMENTAL
REVISED
LENDING FUND
CURRENT LOAN
ADDITIONAL
REVISED LOAN
NUMBER
AMOUNT
PRINCIPAL
AMOUNT
400.801.8002.804.9903
$168,836.85
INCREASE /(DECREASE)
$175,836.85
100 (G.F.)
$318,190.00
$7,000.00
$325,190.00
TOTALS:
1
1 $7,000.00
nu1CKu w in v r u im"
CURRENT
SUPPLEMENTAL
REVISED
FUND
CURRENT LOAN
ADDITIONAL
REVISED LOAN
NUMBER
AMOUNT
PRINCIPAL
AMOUNT
400.801.8002.804.9903
$168,836.85
INCREASE /(DECREASE)
$175,836.85
212 (P.I.F.)
$628,190.00
$7,000.00
$635,190.00
TOTALS:
$7,000.00
SUPPLEMENTAL APPROPRIATIONS BY ACCOUNT NUMBER
ACCOUNT
CURRENT
SUPPLEMENTAL
REVISED
NUMBER
APPROPRIATION
APPROPRIATION /
APPROPRIATION
400.801.8002.804.9903
$18,000.00
(REDUCTION
$25,000.00
400.801.8002.804.9903
$168,836.85
$7,000.00
$175,836.85
TOTALS:
T$7,000.00
SUMMARY OF TRANSFERS IN/OUT BY FUND
ACCOUNT
NUMBER
CURRENT TRANSFER
IN/(OUT)
SUPPLEMENTAL
TRANSFER IN/(OUT)
REVISED
TRANSFER IN /(OUT)
212.720.8002.000.9801
$0.00
$(7,000.00)
$(7,000.00)
400.801.8002.804.9903
$18,000.00
$7,000.00
$25,000.00
NET TRANSFERS:
$0.00
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