Resolution 10882 RESOLUTION NO. 10882
WHEREAS, the City Council of the City of Miami Beach, Florida, at
meetings held on the dates hereinafter set forth, did appropriate the following
sums from Unappropriated Current Funds of the General Fund of the City of Miami
Beach for Improvements and Extensions of the Metered Parking System, as follows :
DATE PURPOSE AMOUNT
12-20-61 Construction of Parking Area, Lot 26,
Block)7, Nautilus Ext. $ 12,500.00
1 -17-62 Construction of Parking Area, Lots 7 & 8,
Block 73, Ocean Beach No. 3 12,126.25
5 - 2-62 Payment of Notes and Int. due 5-17-62 re -
Acquisition of Lots 9, 9A, 9B, 10A,
Block 3, Ocean Side Section Isle of
Normandy 24,139.50
Lots 41 thru 44, Block 10, Ocean Side
Section Isle of Normandy 27,659.85
7 - 5-62 S. Z. Bennett for various Appraisals - all
in Lincoln Subn. 875.00
7 -18-62
Reso. #10794 Purchase of Lot 6, Block 50A, Lincoln Subn. 50,000.00
8 - 1-62
Reso. #10796 Purchase of Lot 6, Block 47, Lincoln Subn. 66,000.00
Purchase of Lot 7, Block 50A, Lincoln Subn. 78,500.00
8 - 1-62 Addition to Parking Area, 46th & Collins $ 47,066.00
From Parking Revenue Bond Fund 39,969.34
From Surplus Revenues 7,096.66
10- 3-62 Purchase (Down Payment) of Lots 6, 8, 10,
Block 1 , Ocean Front Subn. 30,000.00
10-10-62 S. Z. Bennett - Appraisal Lots 6, 8, 10,
Block 1 , Ocean Front Subn. 125.00
11-21-62 Construction of Parking Area, Lots 6, 8,
10, Block 1 , Ocean Front Subn. 16,076.25
11-21-62 Ben Shepard for Services, Lots 6, 8, 10,
Block 1 , Ocean Front Subn. 440.50
S. Z. Bennett for Services re: Negotiation
and Acquisition Lots 6, 8, 10,
Block 1 , Ocean Front Subn. 2,600.00
12-19-62 County Taxes for 1961 on Lots 41 thru 44,
Block 10, Ocean Side Section Isle of Norm. 1 ,059.67
12-19-62 1st Year's Interest due on Notes re: Pur.
Lots 6, 8, 10, Block 1 , Ocean Front
Subn. - 100M @ 5%, $1 ,250.00 due 2-8-62,
5-8-62, 8-8-62 and 11-8-62, total 5,000.00
12-19-62 Deficit incurred in Construction Lot 13,
Block 49, Lincoln Subn. - Appropriated
and Received $ 6,957.50
Total Charges 8,443.79
Deficit 1 ,486.29
DATE PURPOSE AMOUNT
12-19-62 Deficit incurred in Construction Lots $
7 & 8, Block 73, Ocean Beach No. 3 -
Appropriated 1-17-62 $ 12,126.25
Total Charges 13,560.13
Deficit 1 ,433.88
12-19-62 Deficit incurred in Construction Parking
Area, E. End Block 10, Normandy Isle -
Appropriated and Received $ 12,397.50
Total Charges 13, 172.78
Deficit 775.28
and,
WHEREAS, the following Credits, representing excess of appropriations
(based on estimated cost) , over actual cost, are due the Surplus Revenues Fund of
the Metered Parking System from the City:
Lots, 10, 11 , 12, Block 2, Friedman &
Cope Subn. $ 200.00
Lots 9, 9A, 9B, 10A, Block 3, Normandy
Isle 851 .68
1 ,051 .68
$336,842.45
and,
WHEREAS, the City Council of the City of Miami Beach at a meeting
held on the date hereinafter set forth did appropriate the following sum from
Unappropriated Current Funds of the General Fund of the City of Miami Beach for
Renewals and Replacements to the Metered Parking System, as follows:
DATE PURPOSE AMOUNT
2 -21-62 For replacement of approximately 100
Meters $ 4,000.00
For 1 ,000 new type Locks 1 ,720.00
4 - 4-62 For 110 - 2 hr. Meters 4,702.50
$ 10,422.50
and,
WHEREAS, the following charges representing excess of cost over
appropriations (based on estimated cost) , are due from the Renewal and Replacement
Fund of the Metered Parking System -
12-19.62 For deficit in appropriation re: Above -
Appropriated and Received $ 10,422.50
Total Charges 10,787.41
Deficit $ 364.91
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
MIAMI BEACH, FLORIDA, that the Depository, Miami Beach. First National Bank, be and
it is hereby directed, pursuant to the provisions of Resolution No. 7127 and Reso-
lution No. 9651 , Section 4, to transfer said balance of $336,842.45 from the Surplus
Revenues Fund of the Metered Parking System, and $10,787.41 from the Renewal and
Replacement Fund of the Metered Parking System to the City of Miami Beach Miscellaneous
Fund Account as and for reimbursement to the City for funds expended by the City,
from its General Fund, for said Improvements and Extensions of the Metered Parking
System, as hereinabove set forth, and
- 2 -
IT IS FURTHER RESOLVED that a duly certified copy of this resolution
be transmitted to the Miami Beach First National Bank of Miami Beach, Florida.
December,
PASSED and ADOPTED thisl9thday of A.D. 1962.
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