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Resolution 86-18435 • • RESOLUTION No. 86- 18435 A RESOLUTION AUTHORIZING THE INCREASE OF APPROPRIATIONS TO THE PARKS AND RECREATION SPECIAL REVENUE ACCOUNT FOR SOUTH POINTE PARK WHEREAS, the City Commission authorized the creation of a Special Revenue Account under the Special Revenue Fund assigned to the Parks and Recreation Department for the purpose of providing funding for the preliminary costs associated with promotion of the South Pointe Park Special Events; and WHEREAS, the costs for advertising and associated promotional activities for Friday Nite Live and "Bite of the Beach" is expected to be $50,000; and WHEREAS, the Commission has previously appropriated $5, 000 to the account consisting of a $3,000 loan from the General Fund Contingency and $2,000 from proceeds from the preliminary events; and WHEREAS, an additional appropriation of $45,000 was required to continue to effectively promote the many high calibre activities at South Pointe Park; NOW, THEREFORE, BE IT DULY RESOLVED BY THE CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the original appropriation into South Pointe Park Special Revenue Account be increased in the amount of $45,000 to reflect a new balance of $50,000 . PASSED and ADOPTED this 7th day of May, 1986 . 4,( OF , / ' CE MAYOR\-} Attest by: c-lCity Clerk pc/ APPROVED 4,1„Agiia. LEGAL DEPT. . e ' ee, p/44mveac4 „`,4' FLORIDA 33139 umoW * "VA CA TIONLAND U. S. A." OFFICE OF THE CITY MANAGER CITY HALL ROB W.PARKINS 1700 CONVENTION CENTER DRIVE CITY MANAGER TELEPHONE: 673-7010 COMMISSION MEMORANDUM NO.p6 O S.-X6 DATE: May 7, 1986 TO: Mayor Alex Daou cIii Members of th ity Commi on FROM: Rob W. Parkins , City Manager �.L SUBJECT: A RESOLUTION AUTHORIZING THE. INCREASE OF APPROPRIATIONS TO THE PARKS AND RECREATION SPECIAL REVENUE ACCOUNT FOR SOUTH POINTE PARK On March 19, 1986, the City Commission adopted Commission Memo 218-86, which authorized the creation of a Special Revenue Account in the Special Revenue Fund assigned to the Parks and Recreation Department. The purpose of this account was for processing of transactions associated with the South Pointe Park Friday Night Live and Bite of the Beach events. The original appropriation was in the amount of $5,000, and was comprised of a $3,000 loan from the General Fund Contingency Account and $2,000 from expected proceeds. During the process of providing superior and high quality advertising and associated pre-activity promotions for the project, it has become necessary to make an additional appropriation of $45,000 into the account. The funding for this additional appropriation was from actual proceeds earned from the various events held each Friday night at South Pointe Park, in addition to the May 4th "Bite of the Beach" program, a day-long series of events and activities. Since there already exists an appropriation in the amount of $5,000, the attached resolution authorizes $45,000 to be appropriated in the existing Special Revenue Account, reflecting a new balance of $50,000. Again, to reiterate, the funding source for this appropriation is from receipts and proceeds earned from the programs and events held in South Pointe Park. ADMINISTRATION RECOMMENDATION: The Administration recommends that the City Commission adopt .7" the attached resolution which authorizes the Administration to increase the appropriation of $45,000 in the South Pointe Park Special Events Account from $5,000 to $50,000 with funds to be derived from proceeds from the concert and other associated events held in the Park. RWP:MAM:pc 10 AGENDA - ITEM DATE LL FUND 2145 ANALYSIS ORIGINAL NEW DEPT #: DESCRIPTION: APPROP. APPROP. VARIANCE 6400 PLAYGROUNDS $82,171 $82,171 $0 6420 FINE ARTS FEST 104,678 $104,678 0 6430 ICE SKATING 44,061. $44,061 0 6431 Y/C CLASSES 13,425 $13,425 0 6432 GYMNASTICS 12,000 $12,000 0 6433 FOOD/BEVERAGE 25,196 $25,196 0 6434 SUMMER CAMP 49,078 $49,078 0 6435 YOUTH CENTER 15,932 $15,932 0 6440 CULT. AFFRS 6,318 $6,318 0 6441 ACORN CIVIC 8,258 $8,258 0 6451 NO. SHORE 4,191 $4,191 0 6452 TENNIS TOURNIES 8,000 $8,000 0 6453 REC. CLASSES 8,368 $8,368 0 6454 ADULT SOFTBALL . 9,272 $9, 272 0 6491 SOUTH POINTE PAARK 5,000 50,000 (45,000) 6499 SPEC. EVENTS 15,051 15,051 0 TOTAL $410,999 $455,999 ($45,000) 12 ORIGINAL RESOLUTION NO. 86-18435 mme, .„__ (Authorizing the increase of appropriation to the Parks and Recreation Special Revenue. Account for South Pointe Park) no