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Res No 124-12-13681RESOLUTION NO. 124-12-13681 A Resolution relating to budget; authorizing a transfer from account No. 301.2000.519.6450, Recreation Machinery and Equipment for $24,286 and from account No. 301.1910.521.6430, Police Machinery and Equipment for $5,000 for a total of $29,286, settlement to account No. 301.1720.534.6430, Public Works Machinery and Equipment. WHEREAS, it is requested that the budget for Public Works Machinery and Equipment be increased by $29,286 from account No. 301.2000.519.6450 and account No. 301.1910.521.6430; and, WHEREAS, it is essential to provide sufficient funds for the Public Works Machinery and Equipment account as the Public Works Department is in need of purchasing a rear steer crane /loader; and, WHEREAS, this rear steer loader will replace existing 12 year old #21 -38 crane which is much deteriorated and in need of extensive interior and exterior work; and, WHEREAS, the Mayor and City Commission desire to transfer sufficient funds from account No. 301.2000.519.6450, Recreation Machinery and Equipment, for $24,286, with a current balance of $24,286 and from account No. 301.1910.521.6430 Police Machinery and Equipment, for $5,000, with a current balance of $8,389, settlements to account No. 301.1720.534.6430, Public Works Machinery and Equipment, with a current balance of $127,157. NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA THAT; Section 1. The Mayor and City Commission desire to transfer sufficient funds from account No. 301.2000.519.6450, Recreation Machinery and Equipment, for $24,286, with a current balance of $24,286 and from account No. 301.1910.521.6430 Police Machinery and Equipment, for $5,000, with a;7current balance of $8,389, settlements to account No. 301.1720.534.6430, Public Works t kt.inery and Equipment, with a current balance of $127,157. Section 2. This resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this 12 day of June 2012. ATTEST: W Mae MAR I= Alk N THEREOF: Page 1 of 1 C ION VOTE: 4-0 Mayor Stoddard: absent Vice Mayor Liebman: Yea Commissioner Newman: Yea Commissioner Harris: Yea Commissioner Welsh: Yea Additions shown by underlining and deletions shown by everstrikin I CITY OF SOUTH MIAMI OFFICE OF THE CITY MANAGER INTER - OFFICE MEMORANDUM To: The Honorable Mayor & Members of the Cit Commission From: Hector Mirabile, PhD, City Manager DATE: June 07, 2012 Agenda Item No.: SUBJECT: A Resolution relating to budget; authorizing a transfer from account No. 301.2000.519.6450, Recreation Machinery and Equipment for $24,286 and from account No. 301.1910.521.6430, Police Machinery and Equipment for $5,000 for a total of $29,286, settlement to account No. 301.1720.534.6430, Public Works Machinery and Equipment. BACKGROUND: It is essential to provide sufficient funds for the Public Works Machinery and Equipment account as the Public Works Department is in need of purchasing a rear steer crane /loader. This rear steer loader will replace existing 12 year old #21 -38 crane which is much deteriorated and in need of extensive interior and exterior work; and, TRANSFER AMOUNT: TRANSFER FROM: $29,286 Account No. 301.2000.519.6450, Recreation Machinery and Equipment, for $24,286, with a current balance of $24,286 and from account No. 301.1910.521.6430 Police Machinery and Equipment, for $5,000, with a current balance of $8,389. TRANSFER TO: Account No. 301.1720.534.6430, Public Works Machinery and Equipment, with a current balance of $127,157.