HomeMy WebLinkAboutItem #67C - First Reading OrdinanceI
J-95-791
8/28/95
ORDINANCE NO.
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AN ORDINANCE 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, 1995 AND ENDING SEPTEMBER 30, 1996;
AUTHORIZING THE DOWNTOWN DEVELOPMENT AUTHORITY
TO INVITE OR 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, 1995 AND
ENDING SEPTEMBER 30, 1996 FOR THE OPERATIONS FOR
THE CITY OF MIAMI; CONTAINING A REPEALER PROVISION,
SEVERABILITY CLAUSE AND PROVIDING FOR AN
EFFECTIVE DATE.
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WHEREAS, the Board of Direct he Downtown Development
Authority of the City of Miami, Florid as approved and submitted to the
City Commission a Budget Esti of the expenditures and revenues
of the Downtown Developn #hkA hority for the Fiscal Year beginning
October 1, 1995 and enyginjg 'September 30,. 1996, as prepared by the
Executive Director fkthe )96wntown Development Authority, copies of
such estimates having Veen made available In the newspapers of the
City; and
WH/�4%S, the City Commission has reviewed the Downtown
Deve pm t Authority's Budget;