Loading...
Res No 156-11-13470RESOLUTION NO. 156-11-13470 A Resolution relating to budget; authorizing a transfer of $20,000 from account No. 001 -1500- 514 -3410 City Attorney's Legal Services - Outside, settlements to account No. 001- 1500 -514 -3440 City Attorney's Consulting- Labor. WHEREAS, it is requested that the budget for City Attorney's Consulting -Labor be increased by $20,000 from account No.001 -1500 -514 -3410; and, e Consulting-Labor account is used to advance funds to outside labor counsel pending reimbursement by insurance proceeds which has depleted the account temporarily and it is essential to provide sufficient funds for City Attorney's Consulting -Labor to cover expenses for the City Attorney; and, WHEREAS, the Consulting -Labor account has not exceeded its budget except temporarily and it will not exceed the budget except temporarily due to the temporary payment to outside counsel; and, WHEREAS, the Mayor and City Commission desire to transfer sufficient funds from account No. 001 - 1500 -514 -3410, City Attorney's Legal Services- Outside, with a current balance of $201,745.13, settlements to account No. 001- 1500 -514 -3440, City Attorney's Consulting - Labor, with a current balance of $3,282.53. NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA; Section 1. The Mayor and City Commission approve the transfer of $20,000 from account No. 001 -1500 -514 -3410, City Attorney's Legal Services - Outside, with a current balance of $201,745.13, settlements to account No. 001 - 1500 -514 -3440, City Attorney's Consulting- Labor, with a current balance of $3,282.53. Section 2. This resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this20thday ofSeptembe}2011 ATTEST: APPROVED: ,1?CL z MAYOR READ AND ROVED AS RM COMMISSION VOTE: 4 -0 LAN E, GALITY D Mayor Stoddard: Yea �U THEREO Vice Mayor Newman: Yea Commissioner Beasley: Yea Commissioner Palmer: Yea Cff O E Commissioner Harris: absent South Miami pditateHeaCttY CITY OF SOUTH MIAMI OFFICE OF THE CITY MANAGER INTER- OFFICE MEMORANDUM zoos To: The Honorable Mayor & Members of tie City Commission Via: Hector Mirabile, PhD, City Manager From: Alfredo Riverol, CPA, Cr.FA, Chief Financial Officer Date: September 15, 2011 Agenda Item No.: Subject: A Resolution relating to budget; authorizing a transfer of $20,000 from account No. 001 - 1500 -514 -3410 City Attorneys Legal Services - Outside, settlements to account No. 001 - 1500 -514 -3440 City Attorney's Consulting- Labor. Background: It is requested that the budget for City Attorney's Consulting -Labor be increased by $20,000 from account No.001 -1500- 514 -3410, Legal Services - Outside, to provide sufficient funds for City Attorney's Consulting -Labor expenditure line item to cover expenses for the City Attorney legal labor fees. The required increase is due to, primarily, the payments to the law firm of Bryant, Miller, Olive, which represented the City in certain lawsuits or legal proceedings which were later reimbursed by the Florida Municipal Insurance Trust (FMIT). In FY 11, the City has to -date received $37,571.55 in reimbursement to cover the labor legal fees paid by the City from this expenditure line item. Transfer Amount: $20,000 Transfer From: 001- 1500 -514 -3410 City Attorney's Legal Services - Outside; with a current balance of $201,745.13 Transfer To: 001- 1500 -514 -3440 City Attorney's Consulting- Labor; with a current balance of $3,282.53