HomeMy WebLinkAboutItem #126 - First Reading Ordinance/lp
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J-83-491
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ORDINANCE NO.
AN ORDINANCE AMENDING SECTION 1 OF
ORDINANCE NO. 95789 ADOPTED MARCH 189
1983, WHICH ESTABLISHED A TRUST AND
AGENCY FUND ENTITLED "SOUTHEAST
OVERTOWN/PARK WEST REDEVELOPMENT PROJECT
ADMINISTRATION", BY APPROPRIATING AN
ADDITIONAL $1359146 FROM UMTA GRANT 1ST
YEAR REVENUES FOR COSTS OF
ADMINISTRATION; CONTAINING A REPEALER
PROVISION AND A SEVERABILITY CLAUSE.
WHEREAS, on March 18, 1983, the City Commission adopted
Ordinance No. 9578 establishing a new Trust and Agency Fund
entitled "Southeast Overtown/ParK West Redev lopment Project
Administration"; and
WHEREAS, said Project was funded fro X�v ious City,
County and Federal sources, as foll
Community Development Block Gr t th Yekr $2250000
1
Loan from FY183 Genet 1 Fund t-t 1359000
r
UMTA 1st Year 1 80,000
$4409000;
p .t
and
WHEREAS, said_Ordin ce provided a cost allocation to
capture, record and allocate costs expended for the
administration o s ' Project; and
WHEREAS, MTA 1st Year Grant for staffing of the
adminis tion the 4 block UMTA Project was $215,146; and
WHERE , the additional revenue of $135,146 will be
expended in he administration of said Project;
NO THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE
CITY OF MIAMI, FLORIDA:
CITY COMMISSION
MEETING OF
JUL 18
ORDINANU 60
1st REAJING. ..�%Q,f�.(.�..—....
20d READING .........................