95-21719 Reso •
RESOLUTION NO. 95-21719
A RESOLUTION OF THE BOARD OF DIRECTORS OF THE NORMANDY
SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT
DISTRICT ADOPTING THE TENTATIVE OPERATING BUDGET FOR
FISCAL YEAR 1995/96 SUBJECT TO A SECOND PUBLIC HEARING AT
6:00 P. M., WEDNESDAY, SEPTEMBER 27, 1995.
BE IT DULY RESOLVED BY THE BOARD OF DIRECTORS OF THE NORMANDY
SHORES NEIGHBORHOOD IMPROVEMENT DISTRICT,that the Board hereby adopts the
tentative operating budget for the Normandy Shores Local Government Neighborhood Improvement
District for Fiscal Year 1995/96 as summarized herein and listed below,subject to a second and final
public hearing on September 27, 1995.
REVENUES
Ad Valorem Tax $52,225
City's General Fund 37,786
Total $90,011
EXPENSES
Security Service $78,948
Utilities 1,400
Maintenance 6,500
Other Operating 3,163
Total $90,011
PASSED and ADOPTED this 13 t h I .y of September,
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FORM APPROVED
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CITY OF MIAMI BEACH
CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH FLORIDA 33139
COMMISSION MEMORANDUM NO. 14:39a
TO: Mayor Seymour Gelber and
Members of the City Commission DATE: September 13, 1995
FROM: Jose Garcia-Pedrosa
City Manager
SUBJECT: A RESOLUTION PTING THE TENTATIVE OPERATING
BUDGET FOR THE NORMANDY SHORES LOCAL GOVERNMENT
NEIGHBORHOOD IMPROVEMENT DISTRICT FOR FISCAL YEAR
1995/96 SUBJECT TO A SECOND PUBLIC HEARING SCHEDULED
FOR SEPTEMBER 27, 1995.
RECOMMENDATION:
The Administration recommends that the City Commission, acting in its capacity as the Board of
Directors of the Normandy Shores Local Government Neighborhood Improvement District adopt
the attached Resolution which establishes the tentative operating budget for the District for Fiscal
Year 1995/96.
PROCEDURE
The operating millage and budget for this dependent special taxing district must be adopted in
accordance with Florida Statutes. This procedure requires that this Resolution be considered
immediately after the tentative millage for Normandy Shores has been adopted. (See
accompanying Agenda Item R-3/T.1 for details).
ANALYSIS
The tentative operating budget for the District is as follows:
REVENUES
Ad Valorem Tax $52,225
City's General Fund 37,786.
Total $90.011
EXPENSES
Security Service $78,948
Utilities 1,400
Maintenance 6,500
Other Operating 3.163
Total $90,011
AGENDA ITEM -"3- 1` Z.
DATE 9 13- r�
Normandy Shores FY 1995/96 Tentative Budget
Page Two
September 13, 1995
CONCLUSION
The City Commission acting in its capacity as the Board of Directors of the Normandy Shores
Local Government Neighborhood Improvement District should adopt the attached Resolution
which establishes a tentative opearating budget subject to a second and final public hearing.
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