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HomeMy WebLinkAboutItem #23 - First Reading Ordinancei J - 8 7 - 3 3 12/18/86 Amendment No. 0 ORDINANCE NO. AN ORDINANCE AMENDING SECTION 1 AND 6 OF ORDINANCE NO. 10150 ADOPTED SEPTEMBER 25, 1986, THE ANNUAL APPROPRIATIONS ORDINANCE FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 1987, AS AMENDED, BY INCREASING THE APPROPRIATIONS IN THE ENTERPRISE FUND, PROPERTY AND LEASE MANAGEMENT ENTERPRISE FUND IN THE AMOUNT OF $50,000 FOR THE PURPOSE OF PAYING APPRAISAL FEES, IN CONNECTION WITH THE CITY'S POSSIBLE ACQUISITION OF PROPERTY FOR DEVELOPMENT OF A 250,000 SQUARE FOOT BUILDING FOR LEASE TO THE UNITED STATES GENERAL SERVICES ADMINISTRATION, REVENUE IN THE LIKE AMOUNT BEING AVAILABLE FROM PROPERTY AND LEASE MANAGEMENT'S 1985-1986 RETAINED EARNINGS; CONTAINING A REPEALER PROVISION AND A SEVERABILITY CLAUSE. WHEREAS, the City Commission adopted Ordinance No. 10150 on September 25 1986, establishing revenues and appropriations for the %ity of ami, orida, for fiscal year ending September 30, 1987' WHEREA Property & Lease Management Division has the function of s -3. th s ices of appraisers for development projects which the is presently implementing for various departments; and WHEREAS, these appraisal appropriations in the Prp'iona ses have thin, far exceeded the Appraisal Account of the Property & Lease Mige Enterprise Fund; and WHEREAS, Property & Leased a ent has retained earnings from the 1985-1986 Budget in the amou o108,689.00; and WHEREAS, the Property & Lease ---,:Management Division's Professional Services Account - Appraisal can be increased by decreasing the retained earnings from the 1985�986 Budget; NOW, THEREFORE, BE IT ORDAINED BY TH�_�?S_-S�ON OF THE CITY OF MIAMI, FLORIDA: Section 1. Section 1 and 6 of Ordinance No. 10150, adopted on September 25, 1986, the Annual Appropriations Ordinance for fiscal year ending September 30, 1987 are hereby amended in the following particulars l/. TrFM7#t'3 ¢