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R-1015-00 RESOLUTION No. 1015-00 A RESOLUTION OF THE VILLAGE COUNCIL OF MIAMI SHORES VILLAGE, FLORIDA, ADOPTING THE FIVE-YEAR FY 2001-2005 CAPITAL PROJECTS BUDGET OF$4,131,353 AND APPROPRIATING $1,036,112 FOR FY 2000-2001 FROM THE RESPECTIVE UNRESERVED- UNDESIGNATED FUND BALANCES FOR THE FISCAL YEAR BEGINNING OCTOBER 1,2000 AND ENDING SEPTEMBER 30,2001. WHEREAS,the Administration has analyzed and prioritized the capital projects for the fiscal year beginning October 1,2000; and, WHEREAS,capital projects are identified as projects which will be valued at a minimum of$750 with a corresponding life expectancy of no less than three years; and, WHEREAS,the staff's recommendation for FY 2001 capital projects are located on the attached schedule, hereby incorporated into this resolution by reference; and, WHEREAS, the Village Council is ultimately responsible for the prioritization and authorization to implement all capital projects. NOW, THEREFORE, BE IT DULY RESOLVED BY THE VILLAGE COUNCIL OF MIAMI SHORES VILLAGE,FLORIDA: Section 1: That the Administration is hereby authorized and directed to implement the Five- year Capital Projects Program for 2001-2005 fiscal years. Section 2: That the Village Council hereby appropriates $1,036,112 from the respective Unreserved-Undesignated Fund Balances of the Capital Projects ($325.962); Local Option Gas Tax($339,900); Sanitation Enterprise R&R Fund($333,500); General Obligation Bonds ($2,000); and, General Fund ($34,750) for the fiscal year beginning October 1,2000. Section 3: This Resolution will become effective upon its adoption. PASSED and ADOPTED this 201 day of June,2000. P :fittest: Mark S.Ulmer,Mayor �( . G Approved as to form: Barbara A. Fugazzi,C C Village CIerk Richard Sarafan,Esq. Village Attorney