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Res No 006-96-9759RESOLUTION NO. WHEREAS, the approved 1995-96 budget for the Office of Development included anticipated funds with which to supplement its budget; and WHEREAS, subsequently, this anticipated funding was not approved by the CounEy, and without these funds the office cannot function at an optimum level in its present location; and WHEREAS, the City has now received additional funds from Dade County Office of Community Development for accounting services for the Office of Development, thereby creating a budget surplus which can now be utilized to defray operating costs. NOW THEREFORE BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF SOUTH MIAMI, FLORIDA: Section 1 4 The Of f ice of Development is authorized to expend an amount not exceeding $10,000.00 from the budget surplus created by receipt of unanticipated funding in the amount of $12,500.00 from Dade County Office of Community Development for funding accounting services. Section 2. This resolution shall upon approval. PASSED AND ADOPTED this 16th day of ATTEST: CITY CLERK READ AND APPROVED AS TO FORM: CITY ATTORNEY Ort effect immediately mm. I M M M tG Z' "­,03 �EA yam „ YE 'A 01 YEA 0 0 A CITY OF SOUTH MIAMI INTER- OPPICE MEMORANDUM To: Mayor & City Commission om• Eddie Cox City Manager Date: January 10, 1996 Agenda Item # 11 Comm. Meeting 1 16196 Re.* Transfer of funds to defray operation costs The 1995-96 fiscal year budget for the Off ice of Development included anticipated revenues from a grant from Dade County. This grant was subsequently disapproved, leaving a shortage for that department's operation budget. Recently, we received $12,500 in additional funds out of a previous grant for accounting services which were unanticipated. We wish to utilize $10,000 approved for accounting services in the FY 95 -96 budget, now offset by the additional funds, to help defray operating costs for that department in order to continue optimal operation at the current location. I recommend approval.