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HomeMy WebLinkAboutO-09357/dM AmehftOht No. 1 to Ordihahte No, 9321 ORDINANCE NO.' a 5 7 AN ORDINANCE AMENDING SECTIONS 1 AND 5 OF ORDINANCE NO, 9821 ADOPTED SEPTEMBER 24, 1981, THE ANNUAL APPROPRIATIONS ORDINANCE FOR THE FISCAL YEAR ENDING SEPTEMBER 30, 19829 AS AMENDED, BY INCREASING THE APPROPRIATION FOR GENERAL OBLIGATION BONDS IN THE AMOUNT 05 $151,198 AND BY INCREASING REVENUES IN THE SAME AMOUNT FROM FY '81 DEBT SERVICE FUND BALANCE FOR THE PURPOSE OF PROVIDING FUNDING TO PAY FOR $151,198 OF ADDITIONAL INTEREST PAYMENTS FOR FY 182,, CONTAINING A.REPEALER PROVISION; AND A SEVERABILITY CLAUSE. WHEREAS, the City Commission adopted Ordinance No. 9321 on September 24, 1981, establishing revenues and appropriations for the City of Miami, Florida, for the fiscal year ending September 30, 1982; and WHEREAS, funds are needed to pay for additional interest expendi- tures in the General Obligation bond appropriation in the amount of $151,198 and; WHEREAS, funds in the amount of $151,198 are available from the FY '81 fund balance in the City's Debt Service Fund and can be allocated for the aforementioned purpose; NOW, THEREFORE9 BE IT ORDAINED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. Sections 1 and 5 of Ordinance No. 9321, adopted, September 24, 1981, the annual appropriations ordinance for the fiscal year, ending September 30, 1982, as amended, is hereby further amended in the following particulars: I/ Words and/or figures stricken through, shall he deleted. Underscored words and/or figures constitute the amendment proposed. The remaining provisions are now in effect and remain unchanged. Asterisks indicate ommmited and unchanged material. All figures are rounded to the next dollar. "Section 1, The following appropriations are made for the Municipal operations of the City of Miami , Florida, for the fiscal year 1981-824 including the payment of principal and interest on all General Obligation Bonds! General Ubliget n.Bonds Appropri..ation General Obligation Bonds 175669s4-17 TOTAL GENERAL OPERATING APPROPRIATIONS 4155115OT994 $155,302y102 TOTAL OPERATING APPROPRIATIONS 46gV42IT439 .$160,572,028 Section 5. The above appropriations are based on the following sources of revenues for the 1981-82 fiscal year: General Obligation Bonds Revenue Fund Balance Appropriation $ 8q();-qGg 951,198 TOTAL GENERAL OPERATING REVENUES 415,5TI&QT994 $155,302;102 TOTAL OPERATING REVENUES �16GT49IT439 $160,572,628 Section 2. The herein increase of $151,198 for the General Obligation Bond appropriation and the corresponding increase in FY 81 Debt Service Fund balance is for the purpose of providing the funds to play for additional interest expenditures for FY 182. Section 3. All ordinances or parts of ordinances insofar as they are inconsistent or in conflict with the provisions of this ordinance are hereby repealed, 44 Section 4. If any sLbttlibhq Part Of gett16h, paragraph, elauta, phratto Or word of this ordinance it declared invalid, the remaining provitibnt of this brdihahtO shall not be affected. Section 56 This ordinance it hereby declared to be an twgthty measure on the grounds of urgent public need for the preservation Of PeAtOj health, safety, and property of the City of Miami, and upon the further grounds of the necessity to make the required and necessary payments to its employees and officers, payment of its contracts, payment of interest and principal on its debts, necessary and required purchases of goods and supplies, and to generally carry on the functions and duties Of its municipal affairs. Section 6. The requirement of reading this ordinance on two separate days is hereby dispensed with by a vote of not less than four - fifths of the members of the Commission. PASSED AND ADOPTED this 10 day Of DECEMBER , 1981. ATTEST: ALPH r.1 1W UNM, C-ITY LEERK---� BUDGETARY REVIEW: QL MANOH R S, SUVMAS DIRECTOR DEPARTMENT OF MANAGEMENT AND BUDGET LEGAL REVIEW: 'ROBERT F '-C-LA-K. DFpV-TYCITY 'ATTORNEY . R w3w MAURICE A. FERRE MAURICE A. FERRE MAYOR