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HomeMy WebLinkAboutR-72-0165• RESOLUTION A RESOLUTION AUTHORIZING AND DIRECTING THE DIRECTOR OF FINANCE TO ADJUST AND CLOSE CERTAIN REVENUE AND EXPENDITURE ACCOUNTS IN THE LIBRARIES FUND AS OF DECEMBER 31, 1971; AND TRANSFER THE BALANCES IN SUCH AC- COUNTS TO THE GENERAL FUND WITH ALL OTHER ACCOUNTS TO BE CLOSED AT THE END OF THE FISCAL YEAR AND WITH THOSE BALANCES TO BE TRANSFERRED AT SEPTEMBER 30, 1972; AND FURTHER AUTHORIZING A CONTRIBUTION FROM THE GENERAL FUND TO THE LIGHTING CITY FUND OF $15,000 TO PROVIDE FUNDS FOR ADDITIONAL STREET LIGHTING FOR THE BALANCE OF THE FISCAL YEAR. WHEREAS, the function of the operation of the City of Miami Library System was transferred to Metropolitan Dade County effective November 15, 1971; and WHEREAS, certain accrued revenues and expenditures have been recorded in the Accounts of the Libraries Fund on the financial records of the City of Miami; and WHEREAS, the General Fund has advanced $169,000 to the Libraries Fund and such amount is now needed by the General Fund; NOW, THEREFORE, BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: Section 1. That the Director of Finance is hereby authorized and directed to adjust and close certain revenue and expenditure accounts in the Libraries Fund as of December 31, 1971 and transfer the balances in such accounts to the General Fund with all other accounts to be closed at the end of the fiscal year and with those balances to be transferred at September 30, 1972. Section 2. That the sum of $15,000 is hereby authorized and directed to be contributed from the General Fund to the Lighting City Fund to provide funds for additional street lighting for the balance of the fiscal year. PASSED AND ADOPTED this 4th day of May, 1972. INDEX ff '/4(