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HomeMy WebLinkAboutItem #57 - First Reading OrdinanceJ-83-453 ORDINANCE No. AN ORDINANCE ESTABLISHING A NEW SPECIAL REVENUE FUND ENTITLED "PARKS DEVELOPMENT FUND" FOR IMPLEMENTATION IN FISCAL YEAR 1982-83 FOR THE PURPOSE OF PROVIDING AN ACCOUNTING SYSTEM TO ACCEPT AND APPRO- PRIATE PRIVATE DONATIONS FOR PARK DEVEL- OPMENT PROJECTS. WHEREAS, Federal and State governments have ongoing and continous programs for the betterment of local communities involving grants or awards of monies; and WHEREAS, these programs provide necessary funds to construct and develop City parks; and WHEREAS, the City is obligated to provide matching funds to satisfy the grant requirements; and WHEREAS, the Department of Parks launched a pilot project for the purpose of soliciting private donations for park devel- opment at the Miami Riverwalk Dedication on April 21, 1983; and WHEREAS, the increasing unavailability of City funds for park development and redevelopment coerces the Department of Parks to obtain such donations to provide local match require- ments for Federal and State grants; and WHEREAS, the "Parks Development Fund" will provide a rev- enue fund account into which anticipated donations may be de- posited and from whicY_appropriations for park development or redevelopment may be made; NOW, THEREFORE, BE IT ORDAINED BY THE COMMISSION OF THE CITY OF MIAMI,\FLORIDA: Section 1'. The following Special Revenue Fund is hereby established as described herein: Fund Title: Parks Development Fund Resources Private Donations Section 2. The herein Special Revenue Fund is established for the �urpose of providing a revenue fund account into which anticipated donations may be deposited and from which appropria- t tiong"may be made. !! $ection 3. All ordinances or parts of ordinances insofar as they are inconsistent or in conflict with the provisions of this ordinance are hereby repealed. Section 4. If any sP^*'^n ^err nF ecn4-4nn naran-eAnh clause, phrase or word of t invalid, the remaining pro% CITY COS► IMISSION affected. MEETING OF JUN 9 OR�Dj YLti�ti�i nu Ind RMING., .... .......... 0