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HomeMy WebLinkAboutItem V (A) - Second Reading and Public Hearing of Ordinance No 91-03 - Relating to the City Budget AGENDA 5-07-91 1 Item V A • • i • • j ORDINANCE NO. 91-03 • AN ORDINANCE OF THE CITY OF OCOEE, ORANGE COUNTY, FLORIDA, RELATING TO THE CITY BUDGET; AMENDING THE CITY BUDGET ADOPTED BY RESOLUTION NO. 90-16 FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 1990 AND ENDING SEPTEMBER 30, 1991 BY PROVIDING FOR REDUCTION OF APPROPRIATIONS, TRANSFER OF FUNDS BETWEEN AND WITHIN DEPARTMENTS, AND SUPPLEMENTAL APPROPRIATIONS FOR • DEBT SERVICE; PROVIDING FOR SEVERABILITY; PROVIDING AN EFFECTIVE DATE. SECTION 1. Authority. The City Commission of the City of Ocoee has the authority to adopt this Ordinance pursuant to Article VIII of the Constitution of the State of Florida, Chapter 166 Florida Statutes, and Section 8 of Chapter VI of the Ocoee City • Charter. • SECTION 2. Intent and Purpose. The City of Ocoee budget for the Fiscal Year beginning October 1, 1990 and ending September 30, 1991, as adopted by Resolution No. 90-16, is hereby amended as • follows: 1. Reduction of appropriations totaling $137,605.20, in summary as follows: EXHIBIT A (PART 1) FUND 001 <422,170.20> FUND 401 37,720.00 • FUND 402 <44,000.00> FUND 403 290,845.00 • • <137,605.20> EXHIBIT A (PART 2) FUND 001 <422,170.20> FUND 401 37,720.00 FUND 402 <44,000.00> FUND 403 290,845.00 <137,605.20> and as shown in detail in Exhibit A, part 1 and part 2, attached hereto and incorporated herein by reference are hereby confirmed, adopted and approved in all repects by the City Commission of the City of Ocoee. 2. Transfers of funds between departments totaling $237,514.40, in summary as follows: EXHIBIT B FUND 001 66,625.36 FUND 401 143,707.39 FUND 402 0.00 FUND 403 27,181.65 • 237,514.40 and as shown in detail in Exhibit B, attached hereto and incorporated herein by reference are hereby confirmed, adopted and approved in all respects by the City Commission of the City of Ocoee. i • ice,.. 3. Transfers of funds within departments totaling $13,488.40, in summary as follows: EXHIBIT C FUND 001 12,081.17 FUND 402 1,407.23 13,488.40 and as shown in Exhibit C, attached hereto and incorporated herein by reference are hereby confirmed, adopted and approved in all respects by the City Commission of the City of Ocoee. 4. Supplemental appropriations for debt service totalling $676,400.00 as shown in detail in Exhibit D, attached hereto and incorporated herein by reference are hereby confirmed, adopted and approved in all respects by the City Commission of the City of Ocoee. SECTION 3. Appropriations. There are hereby expressly appropriated out of anticipated revenues all funds and monies necessary to meet the supplemental appropriations stipulated by and in said amended final budget. SECTION 4. Severability. If any section, subsection, sentence, clause, phrase or portion of this Ordinance is for any reason held invalid or unconstitutional by any court of competent jurisdiction, such portion shall be deemed a separate, distict and independent provision and such holding shall not affect the validity of the remaining portion hereto. SECTION 5. Effective Date. This Ordinance shall become effective immediately upon passage and adoption. ATTEST: APPROVED: CITY OF OCOEE, FLORIDA Jean Grafton, City Clerk Lester Dabbs, Jr., Mayor (SEAL) Advertised Avril 25 , 1991 Read First Time April 16 , 1991 Read Second Time and Adopted ,1991 FOR USE AND RELIANCE ONLY BY THE CITY OF OCOEE, APPROVED BY THE OCOEE CITY APPROVED AS TO FORM AND COMMISSION AT A MEETING LEGALITY, this day HELD ON , 1991 of , 1991 UNDER AGENDA ITEM NO. VA FOLEY & LARDNER By: