HomeMy WebLinkAboutLegislationCity of Miami
Legislation
Resolution
City Hall
3500 Pan American
Drive
Miami, FL 33133
www.miamigov.com
File Number: 07-00970 Final Action Date:
A RESOLUTION OF THE MIAMI CITY COMMISSION, WITH ATTACHMENT(S),
AMENDING CAPITAL PROJECTS APPROPRIATIONS RESOLUTION NO.
06-0730, ADOPTED DECEMBER 14, 2006, TO APPROPRIATE THE AMOUNT OF
$50,969,201, OF BOND PROCEEDS DERIVED FROM THE ISSUANCE OF THE
HOMELAND DEFENSE/NEIGHBORHOOD IMPROVEMENT BOND SERIES 2007B
AS AUTHORIZED PURSUANT TO RESOLUTION NO. 07-0353, ADOPTED JUNE
14, 2007.
WHEREAS, Resolution No. 06-0730, adopted December 14, 2006, appropriated funds for capital
projects for the fiscal year ending September 30, 2007; and
WHEREAS, Resolution No. 07-0353, adopted June 14, 2007, authorized the issuance of the
Homeland Defense/Neighborhood Improvement Bonds Series 2007E which yielded proceeds in the
amount of $50,969,201; and
WHEREAS, the new proceeds require appropriation thereby constituting an update to the existing
Multi -Year Capital Plan approved pursuant to Resolution No. 06-0335, adopted May 25, 2006; and
WHEREAS, the capital funds contained herein reflect the new chart of accounts adopted with the
implementation of the Oracle Financial Management System; and
WHEREAS, it is now in order to appropriate the bond proceeds into their respective capital funds
based upon the following format:
Fund 30000 Community Redevelopment Area
Fund 31000 General Government
Fund 32000 Public Safety
Fund 33000 Disaster Recovery
Fund 34000 Public Facilities
Fund 35000 Parks & Recreation
Fund 36000 Streets & Sidewalks
Fund 37000 Sanitary Sewers
Fund 38000 Storm Sewers
City of Miami Page 1 of 3 Printed On: 7/18/2007
File Number: 07-00970
Fund 39000 Solid Waste
Fund 39900 Mass Transit
NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI,
FLORIDA:
Section 1. The recitals and findings contained in the Preamble to this Resolution are adopted by
reference and incorporated as if fully set forth in this Section.
Section 2. The herein appropriations are hereby made for implementation of municipal capital
improvements of the City of Miami, for fiscal year ending September 30, 2007. The herein
appropriations are hereby designated by reference to capital fund and sources of revenues.
Descriptive project title and number, when included, are shown for informational purposes only.
Adjustment to ,
Appropriations Prior Appropriations
FUND 32000 PUBLIC SAFETY
Sources:
Homeland Defense/Neighborhood Improvement Bond
(Series 2) 14,316,080
Total Fund 32000 Public Safety $14,316,080
*
FUND 34000 PUBLIC FACILITIES
Sources:
Homeland Defense/Neighborhood Improvement Bond
(Series 2) 5,772,683
Total Fund 34000 Public Facilities $6,772,683
FUND 35000 PARKS & RECREATION
Sources:
Homeland Defense/Neighborhood Improvement Bond
(Series 2) 23,453,922
Total Fund 35000 Parks & Recreation $23,453,922
*
FUND 36000 STREETS & SIDEWALKS
Sources:
City of Miami Page 2 of 3 Printed On: 7/18/2007
File Number: 07-00970
Homeland Defense/Neighborhood Improvement Bond
(Series 2) 1,883,516
Total Find 36000 Streets & Sidewalks $1,883,516
*
FUND 38000 STORM SEWERS
Sources:
* * *
Homeland Defense/Neighborhood Improvement Bond
(Series 2) 5,543,000
Total Fund 38000 Storm Sewers $5,543,000
Section 3. This Resolution shall become effective immediately upon its adoption and signature by
the Mayor.{1}
APPROV D AS TO FORM ANDCORRECTNESS:__
JORGE L FE"NANDEZ
CITY ATOR EY
Footnotes:
{1} If the Mayor does not sign this Resolution, it shall become effective at the end of ten calendar days
from the date it was passed and adopted, If the Mayor vetoes this Resolution, It shall become effective
immediately upon override of the veto by the City Commission.
City of Miami Page 3 of 3 Printed On: 7/18/2007