HomeMy WebLinkAboutSummary FormDate: 8/03/2006
AGENDA ITEMTSUMMARY FORM
FILE ID: 6S( 0 N 5/
Requesting Department: Community Development
Commission Meeting Date: 9/12/2006 District Impacted:
Type: Resolution fl Ordinance ❑ Emergency Ordinance E Discussion Item
❑ Other
Subject: SECTION 108 DEBT SERVIICE
Purpose of Item:
AUTHORIZING THE TRANSFER Of FUNDS, IN THE AMOUNT $52,000, FROM THE CITY OF
MIAMI REVOLVING LOAN PROGRAM; ALLOCATING SAID FUNDS, TO SECTION 108 DEBT
SERVICE
Background Information:
The Administration is recommending the transfer of funds, in the amount of $52,000, from the City of
Miami Revolving Loan Program, to Section 108 debt service to adjust to actual expenditures for the •
year as a result of increased interest payment on variable interest rate loans
Budget Impact Analysis
Is this item related to revenue?
Is this item an expenditure? If so, please identify funding source below.
General Account No:
Special Revenue Account No:
OP Project No.
Is this item funded by Homeland Defense/Neighborhood Improvement Bonds?
Start Up Capital Cost:
Maintenance Cost:
Total Fiscal Impact:
Final Approvals
(SIGN AND DATE)
CI? Budget
If using or receiving capital funds
Grants
Purchasin
Chief
Risk Manageme
Dept. Directo
City Manager
Pace I of I