R-1214-12 RESOLUTION NO. 121412
A RESOLUTION OF THE MIAMI SHORES VILLAGE COUNCIL CREATING BUDGET
AMENDMENT#5 TO THE FISCAL YEAR 2011-2012 OPERATING AND CAPITAL
BUDGETS, TRANSFERRING$9,000 FROM THE FUND BALANCE TO THE NON-
DEPARTMENTAL SPECIAL PROJECTS FUND,PROVIDING FOR AN EFFECTIVE
DATE.
WHEREAS,the Village has adopted Operating and Capital Improvement Budgets for all funds
and departments for the fiscal year which began on October 1,2011; and,
WHEREAS,the Village received an artifact from the World Trade Center Towers which were
attacked on September 11,2001,and plans on displaying the artifact in Memorial Park;and,
WHEREAS,various individuals and organizations have donated money to offset the costs of
creating an appropriate and fitting setting in which to display the artifact; and,
WHEREAS,the donated funds raised to date will not fully cover the costs to develop and build
the 9-11 Memorial site; and,
WHEREAS,currently,there are funds available in the Fund Balance contained in the adopted
2011-2012 Budget;and,
WHEREAS, in order to complete the installation of the artifact in time for a planned, 9-11 service
on September 11,2012, it is in the best interest of the Village to transfer$9,000 from the available Fund
Balance to the 2012 Non-Departmental Special Projects Fund to fund the shortfall to pay the
construction costs;
NOW,THEREFORE, BE IT RESOLVED by the Miami Shores Village Council:
Section 1. That this resolution creates and approves Budget Amendment#5 to the Fiscal
Year 2011-2012 Budget,transferring$9,000 from the Fund Balance to the 2012 Non-Departmental
Special Projects Fund.
Section 2. That this resolution is effective immediately upon adoption.
PASSED AND ADOPTED this 3`d day of July. 2012.
ATTEST:
MPKC Jim cCoY,
a or
Barbara A. Estep, MMC Y
T
Village Clerk
APPROVED AS TO FORM:
va
Richard Sarafan,Village Attorn y