HomeMy WebLinkAboutItem #71 - First Reading Ordinancel ~~
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J-91-716
9/05/91
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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 ENDING
SEPTEMBER 30, 1992; AUTHORIZING THE EXECUTIVE
DIRECTOR OF THE DOWNTOWN DEVELOPMENT
AUTHORITY TO INVITE OR ADVERTISE REQUIRED
BIDS; PROVIDING BUDGETARY FLEXIBILITY;
PROVIDING THAT THIS ORDINANCE BE DEEMED
SUPPLEMENTAL AND IN ADDITION TO THE ORDINANCE
MAKING APPROPRIATIONS FOR THE FISCAL YEAR
ENDING SEPTEMBER 30, 1992, FOR THE 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 approved and submitted to the
City Commission a Budget Estimate of the expendi res and
revenues of the Downtown Develo ent Authority for h fiscal
Year 1991-1992, as prepared the Executive D r for of the
Downtown Develo ment Au ,~e~ o ies of suc a timates Navin
P o~ . P 9
been made available to newspapers of C' and
WHEREAS, t e it iss' h~f`s reviewed the Downtown
Development t 'ri 's Budge- s m to and has approved
appropriation herein set fort
NOW, THERE RE, BE IT ORDAINE BY THE COMMISSION OF THE CITY
OF MIAMI, FLORIDA:
Section 1. The recitals and findings contained in the
Preamble to this Resolution are hereby adopted by reference
thereto and incorporated herein as if fully set forth in this
Section.
Section 2. The following appropriations for Fiscal Year
1991-1992 be, and the same are hereby made, for the maintenance
and for the purpose of financing the operations and other legal
and proper purposes of the Downtown Development Authority of the
City of Miami, Florida, to wit:
ORDINANCE N0.
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