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2To: From: DATE: SUBJECT: BACKGROUND: TRANSFER AMOUNT: CITY OF SOUTH MIAMI OFFICE OF THE CITY MANAGER INTER-OFFICE MEMORANDUM The Honorable Mayor & Members of th~ , Commission South Miami hO:d ~iP 2001 Hector Mirabile. PhD. City Manager f 1 June 07, 2012 . Agenda Item No.:~fIIl'-- 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. 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, $29,286 TRANSFER 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. TRANSFER TO: Account No. 301.1720.534.6430, Public Works Machinery and Equipment, with a current balance of $127,157. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 RESOLUTION NO. _____ _ 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 cranelloader; 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 I. 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. Section 2. This resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this _ day of ____ , 2012. ATTEST: CITY CLERK READ AND APPROVED AS TO FORM, LANGUAGE, LEGALITY AND EXECUTION THEREOF: CITY ATTORNEY Page 1 of 1 APPROVED: MAYOR COMMISSION VOTE: Mayor Stoddard: Vice Mayor Liebman: Commissioner Newman: Commissioner Harris: Commissioner Welsh: Additions shown by underlining and deletions shown by overstriking.