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HomeMy WebLinkAboutItem #17 - First Reading OrdinanceR 12/19/86 ORDINANCE N0. AN ORDINANCE AMENDING SECTIONS. 1 AND 6 OF ORDINANCE NO. 10150 ADOPTED SEPTEMBER 25, 1986s THE ANNUAL APPROPRIATIONS ORDINANCE FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 1987 BY APPROPRIATING $417,121 FROM 11TH AND 12TH YEARS COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS, INCREASING REVENUE IN A LIKE AMOUNT.TO FUND ECONOMIC DEVELOPMENT PROJECTS AND RELATED ACTIVITIES WITHIN THE CITY OF MIAMI. WHEREAS; the City Commission adopted Ordinance No. 10150 on Sept \mber 25, 1 6, establishing revenues and appropriations for the o i a:,! fo the fiscal year ending September 30; 1987; and WHEREA a Economic Development Department through Ordinance No. was consolidated into the Department of Development; and WHEREAS; the D ar m nt of Development has planned economic development projects �u1 _n,d-- accelerate activities that create new investment; ana'"�obs; and WHEREAS; with federal funds for many local economic development activities facing cuts or eliminations, the Department of Development mus I -lie i ncreas htg__attenti on to those actions in which the limitedr_oyrces can produce the greatest benefits. NOW; THEREFORE; BE IT ORDAINED` THE COMMISSION OF THE CITY OF MIAMI; FLORIDA: Section 1. Section 1 and 6 of Ord nance No. 10150 adopted September 25; 1986; the annual appropriat n �inance for the fiscal year ending September 30; 1987; is he amended in the following particles:) ' Section 1. The following appropr ns ar ade for the municipal operators of the City of mi ; Florida; for the fiscal year 1986-87, including the payment of principal and interest on all General Obligation Bonds: q1 Words and/or figures stricken through shall be deleted. i Underscored words and/or figures shall be added. The remaining provisions are now in effect and remain unchanged. Asterisks indicate omitted and unchanged material. c��G�•c..c_ /3