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HomeMy WebLinkAboutR-72-00071 RESOLUTION NO. 74tw7 A RESOLUTION ALLOCATING $500, 000 FROM THE CAPITAL IMPROVEMENT CONSTRUCTION FUND FOR THE PURPOSE OF PROVIDING PARK IMPROVE- MENTS TO MOORE AND MANOR. PARKS; FURTHER PROVIDING FOR THE REIMBURSEMENT OF FUNDS TO THE CAPITAL IMPROVEMENT CONSTRUCTION FUND UPON THE SALE OF THE PARKS AND REC- REATIONAL BOND ISSUE OF 1972; FURTHER AUTHOR- IZING THE CITY MANAGER TO PROCEED WITH THE DEVELOPMENT OF A CAPITAL IMPROVEMENTS PROGRAM TO PROVIDE, WHEREVER POSSIBLE, FOR RECREATION TYPE IMPROVEMENTS IN SAID PARKS; WHEREAS, Moore and Manor Community Parks have been scheduled for extensive expanded development as provided in the Parks and Recreational Bond Program; and WHEREAS, the park and bond program validation and sale of bonds is in progress; and WHEREAS, the proposed park and recreation improvements are needed at the earliest possible time so as to provide maximum recreational facilities for the 1972 Summer Recreational Program; and WHEREAS, $100, 000 previously allocated for acquisition of bay front land under the Capital Improvement Construction Fund is no longer needed for this purpose; and WHEREAS, $400, 000 is available in the Capital Improvement Construction Fund Unallocated; and WHEREAS, the funds so utilized from the Capital Improvement Construction Fund will be reimbursed to this Fund upon the sale of the Parks and Recreational Bond Issue of 1972; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. That $500, 000 be allocated from the Capital Improve- ment Construction Fund for the purpose of providing park improvements to Moore and Manor Parks. Section 2. That provision be made for the reimbursement of funds to the Capital Improvement Construction Fund upon the sale of the CITY C RIZZI.U., .. 7 kL: Parks and Recreational Bond Issue of 1972. "CCCU!,:i:;i T 11 DtX_ ITEM N0. ? r.b Section 3. That the City Manager be authorized to proceed with the development of a Capital Improvements Program to provide, wherever possible, for recreation type improvements in id parks. PASSED AND ADOPTED this day of 1972. Approved as to Form and Correctness