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HomeMy WebLinkAboutR-92-0547J-92-652 9/10/92 RESOLUTION N0. 92-- 47 A RESOLUTION AUTHORIZING THE APPROPRIATION OF FUNDS TO COVER THE MILDRED AND CLAUDE PEPPER SAYFRONT PARR MANAGEMENT TRUST'S FISCAL YEAR '91-92 FUNDING DEFICIT; ALLOCATING FUNDS THEREFOR, IN AN AMOUNT NOT TO EXCEED $80,000, FROM SPECIAL PROGRAMS AND ACCOUNTS. WHEREAS, the Mildred and Claude Pepper Bayfront Park, located in downtown Miami, is the centerpiece of the City's commercial district and the gateway to the Port of Miami; and WHEREAS, the Mildred and Claude Pepper Fountain located in Park can now serve as a symbol of the City's ability to weather the storm; and WHEREAS, as a result of unforeseen emergency repairs to the fountain, the Mildred and Claude Pepper Bayfront Park Management Trust ("Trust") has a funding deficit for fiscal year 191-92 in the amount of $80,000; and WHEREAS, the Trust is presently seeking funding from the private sector to cover the expenses associated with the operation of the fountain on a long term basis; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: CITY COM AISSION DIEETIING OF S E P 1 Q 1992 Resolution No. 92- 547 i■ 10 0 Section 1. The recitals and findings contained in the Preamble to the Resolution are hereby adopted by reference thereto and incorporated herein as if fully set forth in this Section. Section 2. Funds are hereby authorized to cover the Mildred and Claude Pepper gayfront Park Trust's fiscal year '91- 92 funding deficit, in an amount not to exceed $80,000, said funds are hereby allocated from Special Programs and Accounts. Section 3. This Resolution shall become effective immediately upon its adoption. PASSED AND ADOPTED this 10th day of XAVI ATTESJI'-. MATTY HIRAI CITY CLERK BUDGET DEPARTMENT APPROVAL: 1992. SUAREz, RL MANOHAR S. A, ASSISTANT C MANAGER DEPARTMENT B GET FINANCIAL REVIEW AND APPROVAL: CARLO E. GARCIA, DIRECTOR FINANCE DEPARTMENT -2- 92- 54'7 PREPARED AND APPROVED Byt ,JULIE 0. BRU ASSISTANT CITY ATTORNEY APPROVED AS TO FORM AND CORRECTNESS1 y AQ J Sr II CITY ATT0 Y M3135:JO :kd:csk . e r w