HomeMy WebLinkAboutItem #40 - First Reading Ordinancer
1
J-92-486
6/16/92
ORDINANCE NO. to
AN ORDINANCE AMENDING SECTION 1 OF ORDINANCE
NO. 10938, AS AMENDED, ADOPTED DECEMBER 5,
1991, THE CAPITAL IMPROVEMENTS APPROPRIATIONS 7'q
ORDINANCE, BY ESTABLISHING A NEW PROJECT
ENTITLED "PRELIMINARY GENERAL OBLIGATION BOND
EXPENSES - 1992" PROJECT NO. 311028 IN THE
AMOUNT OF $120,000; AND APPROPRIATING FUNDS
IN SAID AMOUNT FOR SAID PROJECT FROM 1984
STORM SEWER GENERAL OBLIGATION BOND PROCEEDS;
CONTAINING A REPEALER PROVISION AND A
SEVERABILITY CLAUSE.
WHEREAS, the City Commissio adopted Ordinance No. 10938 on
December 5, 1991, appropri 'nd funds for Ca PlPaI Improvement
Projects; and \ Z�
WHEREAS, the Ci Commissi.o adopted ted a Capital
Improvement Progr m (C ) that 'depf Oesthe sources of funding
of all proposed ap'tal project JOi ed at $5,000 or more for the
program years 199 998; and
WHEREAS, a storm sewer general obligation bond issue in the
amount of $10,000,000 is proposed to be sold in 1992, requiring
issuance costs in the estimated amount of $120,000;
NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Is