108-91 RDARESOLUTION NO. 108-91
A RESOLI/TION OF ~ MI/LMI B~CH P~"~MLI)I~ AG~L'Y {~G
~ ~1 B~S FOR ~ G~, D~T SRHCE ~
C~IT~ PRO~CTS ~S FOR ~ FIS~ ~ 1992 ~
~PROPR~T~G $546 ,170 . 00 OF GB ~ ~CE
~ S~ 0F CM-~ LITIGATION
BE IT DULY RESOLVED BY THE MIAMI BEACH REDEVELOPMENT AGENCY that the Miami
Beach Redevelopment Agency hereby amends its adopted budget for the fiscal year
1992 for the various funds and accounts of the Miami Beach Redevelopment Agency
as summarized below and appropriates $545,000.00 of General Fund Balance toward
settlement of Carner-Mason litigation.
Revenues and Other Sources
Debt Capital
General Service Projects
Fund Fund Fund
Tax Increment
Marina Rental
Interest Income
Operating Transfer In
Fund Balance
$1,977,800 $ $
174,500
62,500 67,904 13,125
797,540
$ 546,170 1,636,875
Total Revenue
$2,760,970 $ 865,444 $1,650,000
Expenditures and Other Uses
Management Agreement
Advertising and Promotion
Postage and Express
Printing
Office Supplies
Travel and Entertainment
Dues and Subscriptions
Submerged Land Lease
Relocation Costs
Bank Fees
Litigation Settlement
Legal Fees
Audit Fee
Other Professional Fees
Miscellaneous
Debt Service
Capital Expenditures-Land
Operating Transfer Out
Total Expenditures
$ 200,000
7,500
240
1,200
180
5,000
750
105,000
100
946,170
100,000
7,500
50,000
3,600
536,190
797,540
$2,760,970
$ $
865,444
25,000
500,000
125,000
1,000.000
$ 865,444 $1,650,000
Net Revenues and Other Sources
Over (Under) Expenditures
and Other Uses
$ -0-
$ -o- $ -o-
PASSED and ADOPTED this
Attest by:
Secretary
23rdday of October,
FORM APPROVED
'
Date / C)/~,~