HomeMy WebLinkAboutR-00-0852J-00-874
9/27/00
RESOLUTION NO.. 00— 852
A RESOLUTION OF THE MIAMI CITY COMMISSION
EXPRESSING ITS INTENT, THAT IN THE EVENT A
GENERAL FUND BUDGET SURPLUS IN EXCESS OF THE
AMOUNTS FORECASTED FOR FISCAL YEAR 1999-2000
IS IDENTIFIED AFTER THE. COMPLETION OF THE
ANNUAL AUDIT IN JANUARY 2001, SUCH SURPLUS
FUNDS SHALL BE SPECIFICALLY EARMARKED TO FUND
CERTAIN PROJECTS AND PROGRAMS AS SET FORTH
HEREIN.
WHEREAS, a General Fund Budget surplus in excess of the
amounts forecasted for Fiscal Year 1999-2000 is anticipated; and
WHEREAS, the exact figures of the surplus will be identified
upon completion of the annual audit budget in January 2001; and
s
WHEREAS, it is the desire of the City Commission that such
surplus funds be earmarked for specific projects and programs,
and to assist City of Miami residents;
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
SEP 2 0 2000
Res"
00-, 852".'
Section 1. The recitals and findings contained in the
Preamble to this Resolution are adopted by reference and
incorporated as if fully set forth in this Section.
Section 2. The City Commission expresses its intent,
that in the event a General Fund Budget surplus in excess of the
amounts forecasted for Fiscal Year 1999-2000 is identified after
the completion of the annual audit in January 2001, such surplus
funds shall be earmarked to fund the following projects and
programs:
1. $1,000,000 for Miami River Dredging Project, if
Strategic Investment Funds are not available.
2. $375,000 grant to Southeast Overtown/Park West
Community Redevelopment Agency ("SEOPW CRA")
3. $220,000 payment to SEOPW CRA for Fiscal
Year 1999-2000 obligations.
4. $740,000 payment to the Department of Community
Development for the final payment to the U.S.
Department of Housing and Urban Development
("H.U.D.")
5. $60,000 for the Miami Development Summit
Conference.
6. $31,000 for equipment for the Office of the City
Clerk. '
7. Various amounts to fund currently committed
Capital Improvement Projects (approximately
$1,460,791), and Capital Improvement Project
deficits (approximately $645,000), operating
Capital outlays (approximately $1,000,000).
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852
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Section 3. This Resolution shall become effective
immediately upon its adoption and signature of -the Mayor
PASSED AND ADOPTED this 28th day of September , 2000.
JOE CAROLLO, MAYOR
In accordance with Miami Code See. 2-36, since the Mayor did not Indicate approval of
this legislation by signing it in the designated pla . prov
,lapse of ten (10) days rn th dat of C
becomes effective with the El said legislation nmu
ATTEST: regarding same, without the Mayor ex cisin t
oem ,City Clerk
WALTER J. FOEMAN
CITY CLERK
MM
FORM
ALE DRO VILARELLO
C ATTORNEY
W4736:BSS
CORRECTNESS.//
If the Mayor does not sign this Resolution, it shall become effective at
the end of ten calendar days from the date it was passed and adopted..
If the Mayor vetoes this Resolution, it shall become effective
immediately upon override of the veto by the City Commission.
Page 3 of 3
00- 852