HomeMy WebLinkAboutCity of Tamarac Resolution R-99-028January 18, 1999 - TEMP. RESO. #8518 - 1
CITY OF TAMARAC
RESOLUTION NO. R-99- o� r
A RESOLUTION OF THE CITY COMMISSION OF THE CITY
OF TAMARAC, FLORIDA, AMENDING THE ANNUAL
BUDGET OF ESTIMATED REVENUES AND EXPENDITURES
FOR THE FISCAL YEAR 1999 SENIOR AND COMMUNITY
CENTER BUDGET; PROVIDING FOR CONFLICTS;
PROVIDING FOR SEVERABILITY; AND PROVIDING FOR AN
EFFECTIVE DATE.
WHEREAS, the City Commission on the 6th day of July 1998, adopted
Resolution No. R-98-207 approving a referendum question for the acquisition and
construction of a Senior and Community Center to be financed by the issuance of
general obligation bonds; and
WHEREAS, the referendum question was approved by a majority vote of
qualified electors on the 15' day of September, 1998; and
WHEREAS, the City has issued general obligation debt in an amount of
$3,250,000 for the purpose of financing the construction; and
WHEREAS, the acceptance of these funds requires the amending of estimated
revenues and expenditures funds within the General Fund and General Construction
Funds budget; and
WHEREAS, it is also necessary to provide a budgetary mechanism to address
the requirements for furniture, fixtures, and equipment that is part of the construction
contract; and
WHEREAS, the City Manager has recommended these amendments to the
present annual budget to properly account for all budgetary actions related to the
January 18, 1999 - TEMP. RESO. #8518 - 2
construction of the Senior and Community Center; and
WHEREAS, the City Manager's recommendations address issues deemed to be
in the best interest of the City of Tamarac; and
WHEREAS, the City Commission of the City of Tamarac, Florida, deems it to be
in the best interest of the citizens and residents of the City of Tamarac to amend the FY
99 Budget to address the actions needed to implement the construction of the Senior
and Community Center.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE
CITY OF TAMARAC, FLORIDA:
Section 1: The foregoing "WHEREAS" clauses are hereby ratified and confirmed
as being true and correct and are hereby made a specific part of this resolution.
Section 2: The budget of the City of Tamarac is hereby amended, in accordance
with the Senior and Community Center Budget Document (attached as Exhibit A) and
all necessary Budgetary transfers of funds are hereby approved.
Section 3: All resolutions or parts of resolutions in conflict herewith are hereby
repealed to the extent of such conflict.
Section 4: If any clause, section, other part or application of this Resolution is
held by any court of competent jurisdiction to be unconstitutional or invalid, in part or
application, it shall not affect the validity of the remaining portions or applications of this
Resolution.
January 18, 1999 - TEMP. RESO. #8518 - 3
Section 5: This Resolution shall become effective immediately upon its passage
and adoption.
PASSED, ADOPTED AND APPROVED
ATTEST:
-- jz��
CAROL GOLOJ CMC/AAE
CITY CLERK
I HEREBY CERTIFY that I have approved
thistESOLUTION as to form.
MITCHELL S. KR)
CITY ATTORNEY
this,2'% day o , 1999.
0,'- 'Zz��'z
�/ JOE SCHREIBER, MAYOR
RECORD OF COMMISSI
MAYOR —._SCHREIBER
DIST 1:
COMM. MGKAYE
DIST 2:
V/M MISHKIN
DIST 3:
COMM. SULTANOF
DIST 4:
COMM. ROBERTS
Temp Reso #8518 - 1
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Exhibit A
Senior and Community Center Budget
1. Total Funds in FY 99 Budget for Construction of Senior and Community
Center.
** - $100,000 of bond proceeds was approved with the adoption of the FY 99
budget.
2. Total Project Budget
FY 99 Design & Construction
$3,250,000
FY 99 Furniture, Fixtures, & Equipment
$500,000
FY 99 CDBG Funds for Design &
Construction
$244 217
FY 99 Sub -Total
$3,994,217
FY 00 Budget for Equipment,
Furnishings
$226,068
Total Project Budget
$4,220,285
CITY OF TAMARAC
INTEROFFICE MEMORANDUM
FINANCE DEPARTMENT
ADMINISTRATION DIVISION
TO: City Manager DATE: January 20, 1999
FROM: Director of Finance RE: Senior/Community Center
Budget Actions
Recommendation:
To amend the FY 99 Budget for implementing the necessary budget actions related to the
design and construction of the Senior and Community Center.
Issue:
FY 99 Senior and Community Center Budget.
Background:
The FY 99 Adopted Budget included an appropriation of $100,000, to be funded with Bond
Proceeds, for the beginning of the design and construction of the Senior and Community
Center.
Temporary Resolution 8518 amends the current budget to implement the remaining actions
necessary for the design and construction of the facility. The actions include budgeting the
remaining $3,150,000 in bond proceeds; $80,000 in interest that is anticipated to be earned
from the proceeds; and recognizing $75,000 in additional Local Option Gas Tax and State
Revenue Sharing proceeds. To complete the FY 99 design and construction budget, there will
a reallocation of appropriations from the Police Services Contract ($150,000), Commission
Contingency ($100,000) and the Road Resurfacing Program Capital Improvement Project
($95,000).
These actions will leave a remaining balance of $226,068 in furniture and equipment to be
funded in the FY 00 Budget.
Marg et �cGarrity
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