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RESOLUTION 84-17767 r RESOLUTION NO. 84-17767 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ESTABLISHING A YOUTH CENTER SETTLEMENT SPECIAL REVENUE FUND AND APPROPRIATING $125,000 FOR SAME. WHEREAS , the City has received the sum of $125 ,000 from litigation relating to the Youth Center , and WHEREAS , the Administration has determined that the proper use of these monies is to fund necessary repairs to the Youth Center. NOW, THEREFORE, BE IT RESOLVED THAT THE CITY COMMISSION authorizes the establishment of a Youth Center Settlement Special Revenue Fund and appropriates $125,000 for use in funding necessary repairs to the Youth Center or to repay the general fund for repairs already made and to pay for professional fees involved in said litigation. PASSED and ADOPTED this 20th day of June, 1984 . -' // / :',. R MAYOR ATTEST: if/ / elo' )72.AM-h-e1A, e./%14-4ii_____e_d i(IL II i CITY CLE K ,,,;( 57- v 4, FORM APPROVED ByI_Vil 1, , L, - _AI . ' 69 S- I-Cl Date OFFICE OF THE CITY ATTORNEY-1700 CONVENTION CENTER DRIVE-MIAMI BEACH, FLORIDA 33139 et:0 4 ma., eead ,._ .,/, ., „'"'\fq''h, FLORIDA 3 3 1 3 9 f ti cs',„ * INCOR RATED* ''V A CA TIO NL A NU U. S. A. „,9,�CH ie:`..--- OFFICE 6'",�r OFFICE OF THE CITY MANAGER CITY HALL ROB W.PARKINS 1700 CONVENTION CENTER DRIVE CITY MANAGER TELEPHONE: 673-7010 COMMISSION MEMORANDUM NO. 3:e2:13- .(/ DATE: June 20, 1984 TO: Mayor Malcolm H. Fromberg • -d Members of the ' y Com s i•rro . FROM: Rob W. Park ns fr!'or� City Manager t.Ai SUBJECT: SPECIAL REVENUE FUND - YOUTH CENTER SETTLEMENT The receipt of funds from the Youth Center settlement in the amount of $125,000 has been deposited in the 1972 Park Improvement Series Bond Fund account pending determination of the appropriate use of these monies. At this time, a transfer should be made to a special revenue fund to fund necessary repairs to the Youth Center. ADMINISTRATION RECOMMENDATION The Administration recom mends the establishment of a Youth Center Special Revenue Fund and a transfer of $125,000 to this fund from the 1972 Park Improvement Series Bond Fund account to fund the repairs that are needed and to pay for the attorney's fees involved in the litigation. R W P:C BT:apc _ • i / (744rlir 1',' i '' k - )_, -,5-4. ' . .. • • 5 • . . • AGENDA C___ 14 _ e. ITEM DATE n ORIGINAL RESOLUTION NO. 84-17767 (Establishing a Youth Center Settlement Special Revenue Fund and appropriating $125,000 for same)