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HomeMy WebLinkAboutItem #70C - First Reading Ordinance• J G Ct-1 �1—od J-00-832 9/19/00 ORDINANCE NO. AN ORDINANCE OF THE MIAMI CITY COMMISSION MAKING APPROPRIATIONS FROM THE DOWNTOWN DEVELOPMENT DISTRICT AD VALOREM TAX LEVY AND OTHER MISCELLANEOUS INCOME FOR THE DOWNTOWN DEVELOPMENT AUTHORITY OF THE CITY OF MIAMI, FLORIDA, FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2000 AND ENDING SEPTEMBER 30, 2001; AUTHORIZING THE DOWNTOWN DEVELOPMENT AUTHORITY TO INVITE AND ADVERTISE REQUIRED BIDS; PROVIDING FOR BUDGETARY FLEXIBILITY; PROVIDING THAT THIS ORDINANCE BE DEEMED SUPPLEMENTAL AND IN ADDITION TO THE ORDINANCE MAKING APPROPRIATIONS FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2000 AND ENDING SEPTEMBER 30, 2001 FOR THE OPERATIONS FOR THE CITY OF MIAMI; CONTAINING A REPEALER PROVISION, SEVERABILITY CLAUSE AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the Board of Director th Downtown Development Authority of the City of Miami, lorida, has approved and submitted to the City C^issi& an est'rffated budget of the expenditures and revenues of vvDowntp n Development P � Authority for the Fiscal Year b0 i'ning Oefober 1, 2000 and ending September 30, 2001, as repaared by the Executive Director of the Downtown Developmenthority, a copy of said budget having been made available i a newspape� of general circulation of the City; and ` WHEREAS, the City Commission has reviewed the Downtown Dev 1 ent Authority's Budget;