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HomeMy WebLinkAboutItem #43 - First Reading OrdinanceJ-86-858 12/3/86 ORDINANCE NO. AN ORDINANCE ESTABLISHING A FIVE- YEAR FUNDING PROGRAM USING $200,000 FROM SPECIAL PROGRAMS AND ACCOUNTS, CONTINGENT FUND, FOR THE PURPOSE OF FUNDING EIGHT (8) COMMUNITY CULTURAL EVENTS; FURTHER PROVIDING THAT, USING THE FIRST YEAR'S FUNDING AMOUNTS AS A BASE, FUNDING FOR EACH EVENT FOR EACH SUCCEEDING YEAR SHALL BE DECREASED BY AT LEAST 20% FROM THE BASE YEAR'S ALLOCATION FOR A MAXIMUM FUNDING PERIOD OF FIVE YEARS; FURTHER CONTAINING A REPEALER PROVISION AND A SEVER - ABILITY CLAUSE. WHEREAS, the City Commission wishes to establish a funding program whereby $200,000 will be used to support eight (8) community cultural projects; and jd EREAS, t e" Cit�'XCommission by Resolution 86-753, of September, 1986, granted $35,000 in support of the Orange Blossom Classic n by Resolution 86-846, of October 23, 1986, granted $15,000 to _1kfie_B_gthune-Cookman football game; and WHEREAS, the Cit- .f,Coml3sii'6n specified that these events be considered as two (2) of the eight (8) events to be funded; and WHEREAS, the City Commission on November 13, 1986, passed Motion 86-917, specifying that, the remaining $1 ,000 be distri- buted equally among the fo ow�g six- ...(.�� co nity cultural events: Calle Ocho Open Ho sew -.Festival, Fiesta by the Bay, Miami/Bahamas Goombay Festival, .-...Mi i City Ballet, Sunstreet Festival and the Three Kings Parade; NOW, THEREFORE, BE IT ORDAINED BY T4;Z�MISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. A funding program is Yarahy_%agtablished using $200,000 from Special Programs and Accoufl*ta j---eantTn_­g'igt Fund, for the purpose of funding on a five-year basis, the following eight community cultural events: