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HomeMy WebLinkAboutR-2014-075 - Transfers and Appropriations of Funds from Completed Capital Projects Accounts within the Capital Projects Fund, Water Fund & Sewer Fund for FY 2013-2014 RESOLUTION NO 2014-075 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF DANIA BEACH, FLORIDA, PROVIDING FOR TRANSFERS AND APPROPRIATIONS OF FUNDS FROM COMPLETED CAPITAL PROJECTS ACCOUNTS WITHIN THE CAPITAL PROJECTS FUND, WATER FUND, AND SEWER FUND FOR FISCAL YEAR 2013-2014; PROVIDING FOR CONFLICTS; FURTHER, PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, the City Commission of the City of Dania Beach approved a budget for fiscal year 2013-2014 in September, 2013; and WHEREAS, the City Administration's recent review of the City Capital Projects accounts through June 30, 2014, reflected a need and opportunity for amendments and transfers of completed Capital Project funding appropriations from various completed projects back to the original source of funding in respective City Funds; 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 amend the approved City budget as follows: Capital Proiects Fund: Appropriation of Funds (From) -Resources: Dugout Replacement Project - completed 301-72-54-572-63-10 ($22,760.00) Appropriation of Funds To-Uses: General Services—Transfer to General Fund 301-18-00-519-91-00 $22,760.00 General Fund: Appropriation of Funds (From)- Resources: Revenue - Transfer from Capital Project Fund 001-00-00-381-03-01 ($22,760.00) Appropriation of Funds To-Uses: General Services—Contingency 001-18-00-519-99-10 $22,760.00 Water Fund: Appropriation of Funds (From) -Resources: Water Plant Rehabilitation - completed 401-33-40-533-31-10 ($ 7,098.66) Appropriation of Funds To-Uses: Water Administration—Contingency 401-33-01-533-99-10 $ 7,098.66 Sewer Fund: Appropriation of Funds (From) -Resources: Subaqueous Crossing of Dania Canal - completed 402-35-24-535-63-10 ($ 29,942.00) Sewer I&I Improvement Project- completed 402-35-20-535-61-10 ($109,968.74) Appropriation of Funds To-Uses: Sewer Fund—Contingency 402-35-02-535-99-10 $139,910.74. Section 2. That the City Commission further approves and directs City Administration to issue repayments of capital project temporary "bridge" loans made from the General Fund to the Water and Sewer Funds in the amount of $376,523.00 and $378,926.00, respectively, which provided original contractual funding for the Subaqueous Crossing Projects in the placement of water and sewer lines beneath the Dania Cut-off Canal. Section 3. That all resolutions or parts of resolutions in conflict with this Resolution are repealed to the extent of such conflict. Section 4. That this Resolution shall be in force and take effect immediately upon its passage and adoption. PASSED AND ADOPTED on September 9, 2014. ATTEST: LOUISE STILSON, CMC W . DUKE, III CITY CLERK APPROVED AS T F AND CORRECTNESS: 1 THO AS J. ANSARO CITY ATTOIZNEY 2 RESOLUTION#2014-075