HomeMy WebLinkAboutItem #37 - First Reading Ordinancef
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ORO FIANCE NO.
AN ORDINANCE AMENDING SECTION I OF ORi)XtiANCL
NO. 10521, AS AMENDrD, ADOPTED K0VEM13I..R 17,
1980, THE CAPITAL, IMPROVEMENTS
APPROPRTATTON'S ORnXNANCt, AY E3TAAi,il3t11NG A
NEW PROJECT, ENTITLED "FEDERAL. tAW
rNFORCEMENT BUIL,DING," PROJECT NO. 311014 IN
T11E AMOUNT OF $30,000,000; APPROPRIATING
FUNDS IN SATs AMOUNT FOR SAID PROJrCT IrROM
RENTAL. REVENUE BONDS, SERIES 1988 PROCEEDS;
CONTAItJING A ItEPF.AT.rR PROVISION AND A
SEVERABTLITY CLAUSE.
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WFIF.REAS, the City Commission adopted Ordinance No. 10521 on
November 17, 1988, appropriating funds for Capital Improvement
Projnctn; and
WHEREAS, the City Commission adopted Ordinance No. 10464 on
July zl, 198i3 authorizing thesuance of rental rove bonds in
the principal Rmonn f $30, OO, 0Hf7 for the tie 1 ent of A
Federal Lpiw forc m n Building; nd
WHF.REA , x nt I evenue bo r Cef/ d w 11 be used to pay
expenses as ciatcd with its sshce, the debt service
capitalized i te:rest, underwrite s iscount, land acquisition,
and construction coat for the Federal Law Enforcement_ Building
project estimated to be $30, 000, 000;
NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE. CITY
OF MTAJ+IT, FLORIDAi
Section I. Section 1 of Ordinance No. 10521, adopted
November 17, 1088, as amended, is hereby amended in the follc',w llq
�rr:rric�al.r,r.s: 1 .
"Section 1. The herein appropriations are hereby
twide for implementation of all municip,i eapitsal
improvements of the: City of Miami, including new
CAV'it,hl impvovement projects scheduled to begin during
fiscal year 1988-,89. The herein appropriafiiont3 which �
are here�y designated by reference to descriptive t
project itle and number also include appropriations
for previously approved scheduled projects as well as
reappropriations of prior fund appropriations. The
source of revenues to support the herein
nppxopria�tions is hereby identified by fund and
project with the project appropriations and revenues
therefor being sett forth for seven program (I-VII) -
arean based upon use or functional category within
maid areas, as foilowss
Wokils and/or figures stricken ere—&
Underscored words and/or figures shall be added. The
remaining provisions area now in effect and remain unchanged.
Asterisks indicate omitted and unchanged material. All
figuraa are grounded tithe nearest hundred dollars.
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