HomeMy WebLinkAboutItem #39 - First Reading Ordinance�Im
J-92-594
9/17/92
ORDINANCE NO.
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,
j
1992, AND ENDING SEPTEMBER 30, 1993;
AUTHORIZING THE EXECUTIVE DIRECTOR OF THE
DOWNTOWN DEVELOPMENT AUTHORITY TO INVITE
OR ADVERTISE REQUIRED BIDS; PROVIDING FOR
BUDGETARY FLEXIBILITY; REQUIRING CITY
COMMISSION APPROVAL FOR CHANGES IN LINE
ITEM EXPENDITURES IN EXCESS OF $5,000;
PROVIDING THAT THIS ORDINANCE BE DEEMED
SUPPLEMENTAL AND IN ADDITION TO THE
ORDINANCE MAKING APPROPRIATIONS FOR THE
FISCAL YEAR BEGINNING OCTOBER 1, 1992, AND
ENDING SEPTEMBER 301 1993, FOR THE
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OPERATIONS OF THE CITY OF MIAMI;
CONTAINING A REPEALER PROVISION,
SEVERABILITY CLAUSE, AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, the Board of Directors of the Downtown Development.
Authority of the City of Miami has appr�the
and submitted to the
City Commission a Budget Estimat^ expenditures and
revenues of the
Year beginning
wn Deve
1, 1992,
prepared by th rekutiv
Authority, co i of suc
the news p e s of the Cit
WHE , the City
A
and
Authority for the Fiscal
ending September 30, 1993, as
of the Downtown Development
tea having been made available to
Commission has reviewed the Downtown
Developmer% Authority's Budget;
d