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HomeMy WebLinkAboutR-2012-121 - Authorized transfer not to exceed $42,100.00 from CRA Budget to City Capital Projects Fund for US-1/SR-5 Right-of-Way Landscape Improvements Phase II Project RESOLUTION NO. 2012-121 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA, AUTHORIZING AND DIRECTING THE TRANSFER OF AN AMOUNT NOT TO EXCEED $42,100.00 FROM THE COMMUNITY REDEVELOPMENT AGENCY ("CRA") BUDGET APPROPRIATIONS TO THE CITY CAPITAL PROJECTS FUND RELATING TO THE US-1/SR-5 RIGHT-OF-WAY LANDSCAPE IMPROVEMENTS, PHASE II PROJECT, TO PROVIDE FUNDING FOR CONSTRUCTION MONITORING; PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City of Dania Beach previously approved and established an appropriation from the General Fund for the US-1/SR-5 Right-of-Way Landscape Improvements, Phase II Project("Project'); and WHEREAS, the CRA Director engaged IBI Group, Inc. in August 2012 to perform construction monitoring services on the City Capital Project using funds from CRA annual operating budget appropriations; and WHEREAS, all costs related to the planning, creation and completion of an approved Capital Project need to be recorded within the Capital Project to allow monitoring of project costs and in order to properly capitalize total project costs in accordance with generally accepted governmental accounting principles; and WHEREAS, the Dania Beach CRA Director has requested a transfer of funding in the an amount not to exceed $42,100.00 from the CRA budget appropriations to the City Capital Projects Fund and such funds will be used for construction monitoring; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE CITY OF DANIA BEACH,FLORIDA: Section 1. That City Administration is authorized and directed to transfer an amount not to exceed Forty Two Thousand One Hundred Dollars ($42,100.00) from the Dania Beach CRA Budget Appropriations-General Operating Division, Consulting Services Account, Account No. 3110 to the City Capital Project Fund be used for Consulting Service (construction monitoring) costs relating to the US-1/SR-5 Right-of-Way Landscape Improvements, Phase II Capital Project. Section 2. That all resolutions or parts of resolutions in conflict with this Resolution are repealed to the extent of such conflict. Section 3. That this Resolution shall be in full force and take effect immediately upon its passage and adoption. PASSED AND ADOPTED on September 11, 2012. ATTEST: b LOUISE STILSON, CMC PATRICIA A. FLURY CITY CLERK MAYOR �s FIRST CjrY APPROVED AS TO FORM D CORRECTNESS: P , moo i r THO S J. SBRO v ~ CITY ATTO EY 1° 2 RESOLUTION#2012-121