HomeMy WebLinkAboutItem #34 - First Reading Ordinance•34 YI ji.
ss�
ORDINANCR 140.__
AN ORDINANCE AMENDING SECTION 3 AND 5 or
ORDINANCE NO- 10484, ADOPTED SBPTFMhER 27,
1988, THE ANNUAL APPROPRIATIONS OItDINANCIt FOR
THE FISCAL YEAR ENDING SEPTEMBER 30, 1909, fly
INCREASING THE APPROPRIATIONS 2M 3'NR TILT MRNAt'.
SERVICE FUND: GENERAL sl:RVICES t
ADMINISTRATION; FLEET MANAGEMENT bit
$3,90012801 INCREASING REVENUES IN THE SAMS
—` AMOUNT CONSISTING or 0$21,000 FROM
d CURTIFICATE': Or. PARTzerpATZON NOTES AND
$2,973,280 FROM UTILITY SERVICE TAXES,
CONTAINING A REPEALER PROVISION AND A
SEVERADMXTX CLAUSE.
- 6
MIRREAS, on August 27, 1986, the City sold $16, 175,000 Of
Certificates of Participation (COP) otes to finance the
acquisition of automobiles, light t ks, motorcycles, and other
equipment specified in the fe 1 c rcular, to compl wl:th the
City Commission's stated po icy o improve the a of the
City's motor Poo fle t, c ll
y police pet ' hides; and
WHEREAS, a m o 2,973,280 he llocated in the
Utility Service ax Special a an, nd to pay for the -
principal end lets eat Gomponen s tom/ FY' 89 of tho COP Notes •' �
and
WItLRSA$, the Depertmont of Finance has indicated that said
payments shall be made from the Fleet Management V1V1xion; and
F
- WHRREAS, an additional $927,000 is needed. from unused, co ,f
r
®' Hate balances to purchase replacement vehicles and a ul, ant
q Am
FY'89 that the City Commission has already approved;
NOW, THEREFORE BE; IT ORDAINRD BY TiiE COMMISSION OF 'i'IIF:
CITY OF MIAMI, FLORIDA:
section section I h ordinance 'and 5 of the '
rice no. 10484
adopted September 27, 1988, the Annual A '
pproprl.r,tione Ordinance " 't
for Fiscal Year ending September
A 30, 1989, is hereby amended in u
t f ws {
tho following 1
q;pacriculare: / a
• s ,� i
9
a
words . and/or fi
5
=F UAddracQ s 4urnd� r r fib uC thr, g shad # a► 4
d words . a ous h daltdi� f a
r/���My► /„� /� 4 . q' 8p . Shal hA7 OddQdS. Tyr
1r7+.11��•r♦ f At1t�i�3 h� 6
P1�Qvis.lot�e are ,now tt effect and roMala ut n
Ice � uAchan +�d .m
f3 Mlllttid �Ilt� atarl