HomeMy WebLinkAboutR-1988-049 'lllli RESOLUTION N0. 49-88
A RESOLUTION OF THE CITY OF DANIA, FLORIDA,
AUTHORIZING THE TEMPORARY TRANSFER OF
$97, 000 FROM THE WATER IMPACT CAPITAL FUND
TO THE SEWER IMPACT CAPITAL FUND; AND
PROVIDING FOR REPAYMENT OF SAME; AND
PROVIDING THAT ALL RESOLUTIONS OR PARTS OF
RESOLUTIONS IN CONFLICT HEREWITH ARE
REPEALED TO THE EXTENT OF SUCH CONFLICT; AND
PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, the cash flow for the Sewer Impact Capital fund of the
City of Dania, Florida, for the fiscal year 1987-88 is presently less
than anticipated resulting in a temporary deficiency in said fund to
meet the obligations of the city for the maintenance and carrying on of
the government of the city, and
WHEREAS, in order to meet said obligations it is necessary to
temporarily transfer funds from other accounts to the Sewer Impact
Capital Fund and
WHEREAS, the city has anticipated Sewer Impact Capital Fund
revenues sufficient to repay such transferred funds,
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY
OF DANIA, FLORIDA:
Section 1 . That the pertinent officials of the City of Dania be
and the same are hereby authorized to temporarily transfer $97, 000 from
the Water Impact Capital fund to the Sewer Impact Capital fund and
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directing that such withdrawal be repaid as soon as sufficient Sewer
Impact Capital funds are received for such repayment .
Section 2 . That all resolutions or parts of resolutions in
conflict herewith are repealed to the extent of such conflict .
Section 3 . That this resolution shall be in force and take effect
immediately upon its passage and adoption.
PASSED and ADOPTED this 27th day of September, 1988.
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MAYOR - COMjj IONER
ATTEST:
CITY CLERK - AUDITOR
Approved as to Form and Correctness
B CITY ATTORNEY FRANK C. ADLER