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HomeMy WebLinkAboutItem #21 - First Reading OrdinanceAll 4/�5/88 O1tMANCR AN ORDINANCE REPEALING ORDINANCE NO. 10368 ADOPTED JANUARY 14, 1988, AND AMENDING ORDINANCE NO, 10145, ADOPTED SEPTEMBER 119 1986, BY APPROPRIATING (FOR THE IMPLEMENTATION OF AN AMENDED TRUST AND AGENCY FUND ENTITLED: COMMUNITY DEVELOPMENT BLOCK GRANT TWELFTH (12TH) YEAR) THE ADDITIONAL SUM OF $201055 AT PRESENT ALLOCATED AS REVENUE IN THE COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS; $172,359 IN FIFTH (5TH) YEAR AND $299596 IN SEVENTH (7TH) YEAR, SAID AMOUNTS TO BE TRANSFERRED FROM SAID REVENUE FUNDS AND ALLOCATED AS BUDGET FUNDS IN THE TWELFTH (12TH) YEAR CITYWIDE DEMOLITION OF SUBSTANDARD BUILDINGS PROJECT, TO BE CARRIED OUT BY THE BUILDING AND ZONING DEPARTMENT; CONTAINING A REPEALER PROVISION AND A SEVERABILITY CLAUSE. WHEREAS, the City Commission adopted Ordinance. Nn...1n'46A on January 14, 1988, amending Ordinance No. 10145, b apropriating trust and agency funds in the increased amount o $12,147,315 following the original app priation Ordinance o. 19 adopted October 26, 1977; and WHEREAS, a scriveners error was de in the amounts additionally appropri t by Ordinance 8 (namely $242,315).,the amounts of $172,3kimd $29,596 (tot 1/ g $201,955) should have been credited to tth (5th an se enth (7th) year CDBG funds respectively as p income;' ncome; a WHEREA , ai correct amounts are to be credited to the fifth (5th) d seventh (7th) years Community Development accounts in compliance ith federal rules and regulations, as program income to fund other eligible activities; and . WHEREAS, the herein ordinance is a proper vehicle to appropriate the aforesaid amount of $201,955.; and