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HomeMy WebLinkAboutR-76-0731RPh/rb 7/20/76 r 11 RESOLUTION NO. 76-731 A RESOLUTION ALLOCATING THE SUM OF $50,000 FROM THE CAPITAL IMPROVEMENT FUND —UNALLOCATED FUNDS; AND AUTHORIZING SUCH SUM TO BE EXPENDED BY THE DEPARTMENT OF OFF-STREET PARKING FOR PROPOSED IMPROVEPMENTS TO THE OLYMPIA BUILDING, AT 174 EAST FLAGLER STREET, MIAMI, FLORIDA. WHEREAS, the Olympia Building at 174 East Flagler Street, Miami, Florida, is owned by the City of Miami, which has the responsibility to perform capital improvements required by the City Building Code; and WHEREAS, the operation and management of the aforesaid building is the responsibility of the Off -Street Parking Authority Board; and WHEREAS, the cost of required improvements to several floors of the Olympia Building is estimated to be approximately $135,000 and these improvements can be scheduled to be accomplished in several phases under contracts to be awarded and administered by the Off -Street Parking Authority Board; and WHEREAS, the first phase of these improvements costing approximately $50,000 should he initiated immediately and funds for this phase are currently available for allocation from the Capital Improvement Funds --Unallocated Funds; and WHEREAS, the remaining $85,000 required for the balance of the work can be programmed for allocation during the 1977-78 fiscal year; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. The sum of $50,000 is hereby allocated from the Capital Improvement Fund —Unallocated Funds and such sum is authorized to he expended by the Department of Off -Street Parking for proposed improvements to the Olympia Building at 174 East Flagler Street, Miami, Florida. "DOCUMENT INDEX I t �iri NO '1471 f/ CITY COMMISSION MEETING OF JUL 221276 RE3OWWHHOK t*a 16,, - . ,7, /. - ---- I.. Section 2. It is the intent of the City Commission tO allocate the remaining $85,000 during the 1977-78 fiscal year. (- ( AssEyi ND_ADOPTED this 22nd day of July, 1976. --------... ,--r _J. ,J,_›,i-----„z-, ,.) ) MAURICE A. FERRE MAYOR ATTEST: H. D, SOUTHERN CITY CLERK PREPARED AND APPROVED BY: ,r ( , ROBERT F. CLARK Assistant City Attorney APPROVED AS TO FORM AND CORRECTNESS: FRANK H. WESTON Acting City Attorney