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HomeMy WebLinkAboutCity of Tamarac Ordinance O-1984-0511 2 3 4 5� 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 Introduced by Temp. Ord. #1134 CITY OF TAMARAC, FLORIDA ORDINANCE NO. 0-84- 5�/ AN ODINANCE ADOPTING THE REVENUE FUND; SINKING FUND -BOND SERVICE ACCOUNT; SINKING FUND -RESERVE ACCOUNT; RENEWAL AND REPLACEMENT FUND; GENERAL RESERVE FUND; GENERAL RESERVE CIAC'S FUND; AND ESCROW BROWARD COUNTY FUND OF THE CITY OF TAMARAC WATER AND SEWER SYSTEM WEST OF STATE ROAD 7 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1984; PRO- VIDING FOR SEVERABILITY OF INVALID PROVISIONS; AND PROVIDING AN EFFECTIVYL12ATE, BE IT ORDAINED BY THE COUNCIL OF THE CITY OF TAMARAC,FLORIDA: SECTION_1; That the annual Eevgaug Fund budagt of the Utility serving customers west of State Road 7 of estimated expenses and receipts for the Fiscal Year 1984/85 reflecting the total revenues and expenditures of $5,262,941.00, as set forth in ExhibitA attached hereto and made a part hereof as fully as if set forth verbatim herein, be, and the same is hereby adopted and approved by the Council of the City of Tamarac as the Revenue Fund Budget for the Fiscal Year 1984/85. Also adopted by reference as part of said budget is the budget detail which sets forth each line item in this budget. SECTION,2: That the Sinking Fulld-Bond Service Account Eudaet of the Utility serving customers west of State Road 7 of estimated expenses and receipts for the Fiscal Year 1984/85 reflecting the total revenues and expenditures of $1,271,706.00, as set forth in Exhibit_B, attached hereto and made a part hereof as fully as if set forth verbatim herein, be, and the same is hereby adopted and approved by the Council of the City of Tamarac as the Sinking Fund -Bond Service Account Budget for the Fiscal Year 1984/85. SECTION__ I. That the u- e e t Budget of the Utility serving customers west of State Road 7 of estimated expenses and receipts for the Fiscal Year 1984/85 reflecting the total revenues and expenditures of $140,000.00, as set forth in Exhibit_-C, attached hereto and made a part hereof as fully as if set forth verbatim herein, be, and the same is hereby adopted and approved by the Coun- cil of the City of Tamarac as the Sinking Fund -Reserve Account Budget for the Fiscal Year 1984/85. 0 (. 11 1 1-7 L � 1 2 3 4 5 6 7 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 SECTION 4: That the annual ggnewal Lind Rep dement Fund Budget of the Utility serving customers west of State Road 7 of estimated expenses -and receipts for the Fiscal Year 1984/85 reflecting the total revenues and expenditures of $352,400.00, as set forth in Exhibit__D, attached hereto and made a part hereof as fully as if set forth verbatim herein, be, and the same is hereby adopted and approved by the Coun- cil of the City of Tamarac as the Annual Renewal and Replace- ment Fund Budget for the Fiscal Year 1984/85. SECTION 5_: That the annual General Reserve Fund Budget of the Utility serving customers west of State Road 7 of estimated expenses and receipts for the Fical Year 1984/85 reflecting the total revenues and expenditures of $314,450.00, as set forth in Exiibit E, attached hereto and made a part hereof as fully as if set forth verbatim herein, be, and the same is hereby adopted and approved by Council of the City of Tamarac as the Annual General Reserve Fund Budget for the Fiscal Year 1984/85. RECTION 6: That the annual Gengral Rese_rv_C_CIAQIs__Fund Budget of the Utility serving customers west of State Road 7 of estimated expenses and receipts for the Fiscal Year 1984/85 reflecting the total revenues and expenditures of $2,749,900.00, as set forth in Exhibit F, attached hereto and made a part hereof as fully as if set forth verbatim herein, be, and the same is hereby adopted and approved by the Council of the City of Tamarac as the Annual General Reserve CIAC's Fund Budget for the Fiscal Year 1984/85. SECTIQN 7: That the annual -rosa ou Budget of the Utility serving customers west of State Road 7 of estimated expenses and receipts for the Fiscal Year 1984/85 reflecting the total revenues and expenditures of $90,000.00, as set forth in c , attached hereto and made a part hereof as fully as if set forth verbatim herein, be, and the same is hereby adopted and approved by the Coun- cil of the City of Tamarac as the Escrow Broward County Fund Budget for the Fiscal Year 1984/85. ij 1 1 Ll 1 2 3 4 5', 6' 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 SECTION 8: Transfers shall be in accordance with Resolution 79-251, as amended by Resolution 80--198, author- izing the issuance of Bonds for the acquisition of the Util- ity. The City Manager is authorized to make Intra-Fund transfers within activities and object codes if not in con- flict with Resolution 79-251, as amended by Resolution 80-198. SECTION__9: This Ordinance shall be effective upon adoption at which time Ordinance 83-41 shall be deemed of no further effect. ENTION11: Should any section or provision of this Ordinance or any portion hereof or any paragraph, sentence or word be declared by a Court of competent jurisdiction to be invalid, such decision shall not affect the validity of the remainder hereof as a whole or any part hereof other than the part declared to be invalid. SECTION 11: This Ordinance shall become effective upon adoption. PASSED FIRST READING this //'O� day of , 1984. PASSED SECOND READING this o2,!�14 day of , 1984. ;6�AYOR_� ATTEST: ASSISTANT CITY CLERK -. I HEREBY CERTIFY that I have approved the orm and correctness of,t,his Ordi ance.�, RNEY RECORD OF COUNCIL VOTE MAYOR: KRAVITZ,�� DISTRICT 4: V/M STEIN-„ DISTRICT 3: C/FBI STELZER� DISTRICT 2: CAM MUNITZ�¢. DISTRICT 1: C/M DUNNE V'_ " 0-84-51 " FY1983/84 RecorjT-ended Budget Actual as by City Marager FY1983/84 of 7/31/84 FYI 964/E5 REVEA E FUND - EXFiIBZT "A.. 5,193,018.00 4,433,357.06 5,262,941.00 Revenues 5,193,018.00 4,624,054.32 5,262.941.00 Expenditures SINKING FUND - BONM SERVICE - EXHIBIT "B" 1,275,768.00 1,037,411.64 1,271,706.00 Revenues 1,275,768.00 1,063,140.00 1,271,706.00 Expenditures SINKING FUND - RESERVE ACCOUNT - EXHIBIT "C"' 140,000.00 169,921.84 14C,000.00 Revenues 140,000.00 8,689.75 140,000.00 Expenditures RENEWAL & REPLACEMENT FUND-- =1IBIT "D" 391,000.00 46,552.62 352,400.00 Revenues 391,000.00 49,552.62 352,400.00 Expenditures ERAL RESERVE FUND - EXHIBIT "E" r 1,120,568.00 1,207,428.71 314,450.00 Revenues 1,120,568.00 1,168,499.88 314,450.00 Expenditures GENERAL RESERVE CIAC'S - EXHIBIT "F" 1,937,725.00 323,306.06 2,749,900.00 Revenues 1,937,725.00 1,024,146.10 2,749,900.00 Expenditures ESCROW BROWARD COUNTY - EXHIBIT "G" 80,000.00 94,937.18 90,000.00 Revenues 80,000.00 0.00 90,000.00 Expenditures 1