R-1020-00 Resolution No. 1020-00
A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL
PROVIDING FOR BUDGET AMENDMENT#1 TO THE FY 1999-
2000 CAPITAL PROJECTS AND STORM WATER UTILITY
CAPITAL FUND BUDGETS,PROVIDING FUNDS TO RENOVATE
THE RECREATION FIELD HOUSE; FUNDING FROM
UNRESERVED AND UNDESIGNATED FUND BALANCE OR
RETAINED EARNINGS; PROVIDING FOR AN EFFECTIVE
DATE.
WHEREAS, staff has identified that the field house located adjacent to the Miami Shores
Village Community Center requires considerable renovation and rehabilitation; and,
WHEREAS,after prioritizing the various improvements,funding was identified and allocated
to the FY 1999-2000 Capital Projects and Storm Water Utility Funds.
NOW, THEREFORE, BE IT DULY RESOLVED BY THE MIAMI SHORES
VILLAGE COUNCIL,that:
Section 1: The total value of Capital Projects Budget Amendment#1 for FY 1999-2000
to renovate and rehabilitate the Miami Shores Village field house is$56,486.
Section 2: The cost for these improvements are identified on the attached schedule
which is hereby incorporated and included by reference.
Section 3: Funding for the renovations will be $41,486 from the Undesignated-
unreserved Capital Projects Fund Balance and $15,000 from the
Undesignated-unreserved Storm Water Utility Retained Earnings Account.
Section 4: This resolution will immediately become effective upon adoption.
PASSED and ADOPTED this 18th day of July, 2000.
Mark S.Ulmer
Village Mayor
Attest by: Form approved
� CmC
Barbara A Fug Richard Sarafan, Esi.
Village Clerk Village Attorney