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95-21741 Reso RESOLUTION NO. 95-21741 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACTING AS THE BOARD OF DIRECTORS OF THE NORMANDY SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT ADOPTING THE FINAL OPERATING BUDGET FOR FISCAL YEAR 1995/96. BE IT DULY RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, ACTING AS THE BOARD OF DIRECTORS OF THE NORMANDY SHORES NEIGHBORHOOD IMPROVEMENT DISTRICT, that the Board hereby adopts the final operating budget for the Normandy Shores Local Government Neighborhood Improvement District for Fiscal Year 1995/96 as summarized herein and listed below. 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 2 7 t h day of Septe . •r, 1995. kit M YO' ATTEST: TY CL FORM APPROVED LEGAL EPT. /djj Ey Date 9I2-2 _c-I5 • CITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH FLORIDA 33139 COMMISSION MEMORANDUM NO. -737-q5 TO: Mayor Seymour Gelber and September 27, 1995 Members of the City Commission DATE: P FROM: Jose Garcia-Pedrosa // City Manager SUBJECT: A RESOLUTION `, 'TING THE OPERATING BUDGET FOR THE NO ' • I Y SHORES LOCAL GOVERNMENT NEIGHBORHOOD IMPROVEMENT DISTRICT FOR FISCAL YEAR 1995/96. 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 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 final millage for Normandy Shores has been adopted. (See accompanying Agenda Item R-3/S.1 for details). ANALYSIS The final 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 R-3` 2 DATE - (-9 Normandy Shores FY 1995/96 Final Budget Page Two September 27, 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 final opearating budget. JGP:PFL:DJJ:me