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HomeMy WebLinkAboutItem #27 - First Reading OrdinanceJ-87-228 3/5/87 ORDINANCE NO. AN ORDINANCE AMENDING SECTION 1 OF ORDINANCE NO. 10187, ADOPTED DECEMBER 11, 19861 THE CAPITAL IMPROVEMENT APPROPRIATIONS ORDINANCE, BY CHANGING THE FUNDING SOURCE OF THE CAPITAL IMPROVEMENT PROJECT ENTITLED "ORANGE BOWL STADIUM - ACQUISITION OF MIAMI BOARD OF REALTOR'S PROPERTY", PROJECT NO. 404039, FROM THE METRO-DADE COUNTY RESORT TAX TO THE CAPITAL IMPROVEMENT FUND - FUND BALANCE; CONTAINING A REPEALER PROVISION AND A SEVERABILITY CLAUSE. WHEREAS, the City Commision on Motion 84-1098 tp purchasing the Miami Board of Realtors Building u ing M t County Resort Tax monies; and WHEREAS, as its November 19, 1984 meetiQ , t e Development Council approved provide additional Orange Bowl WHEREAS, the Board appropriate Resort Tax mo WHEREAS, funds exiso Balance for purchase of s WHEREAS, the Capft�' future Metro-Ddde Cou Tou#is rcgas/ of/ sfl'd building to ng; udtk / Mmmissioners refused to es fo rchase of said property; and n the pital Improvement Fund - Fund 4 property; and Improvement Fund is to be repaid from sort Tax collections to be received after the loan f*\thelOrange Bowl Press Box Addition project has been F'epaid; NOW, THERWQR%, BE IT ORDAINED BY THE COMMISSION OF THE CITY OF /MIAMI / FLORI ion 1. Section 1 of Ordinance No. 101871 adopted ill, 1 861 is hereby amended in the following part i�CN 1/ II "1. The herein appropriations are hereby made fplementation of all municipal capital ients of the City of Miami, including new capital improvement projects scheduled to begin during Words and/or figures stricken through shall be deleted. Underscored words and/or figures shall be added. The remaining provisions are now in effect and remain unchanged. Asterisks indicate omitted and unchanged material. All figures are rounded to the nearest hundred dollars. 3� t