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102-91 RDA RESOLUTION NO. 102-91 A RESOLUTION OF THE MIAMI BEACH REDEVELOPMENT AGENCY, AMENDING RESOLUTION NO. 95-90, PROVIDING FOR THE FIRST AHKNDKENT TO THE BUDGET FOR THE GENERAL, DEBT SERVICE AND CAPITAL PROJECTS FUNDS FOR THE FISCAL YEAR 1990/91. BE IT DULY RESOLVED BY THE MIAMI BEACH REDEVELOPMENT AGENCY that the Miami Beach Redevelopment Agency hereby amends its previously adopted budget for the fiscal year 1990/91 for the various funds and accounts of the Miami Beach Redevelopment Agency as summarized below: Revenues and Other Sources General Fund Tax Increment Marina Rental Interest Income Operating Transfer In Fund Balance $1,682,323 400,000 172,500 Total Revenue $2,254,823 ---------- ---------- Expenditures and Other Uses Management Agreement Advertising and Promotion Postage and Express Printing Off ice Supplies Travel and Entertainment Dues and Subscriptions Submerged Land Lease Relocation Costs Bank Fees Legal Fees Audit Fee Management Intern Other Professional Fees Miscellaneous Debt Service Interest Expense Capital Expenditures-Land Operating Transfer Out $ 170,000 7,500 1,480 1,200 1,480 5,000 1,300 100,000 1,100 420,000 6,000 9,800 50,000 1,800 Total Expenditures 24,000 576,857 877 , 306 $2,254,823 ---------- ---------- Net Revenues and Other Sources Over (Under) Expenditures and Other Uses $ -0- PASSED and ADOPTED this 24th day of April, 1991. Attest by: '~~~l E,:~rvvv'- Secretary Debt Capital Service Projects Fund Fund $ $ 210,000 877 , 306 6,050,000 $ 877 , 306 $6,260,000 ---------- ---------- ---------- ---------- $ $ 160,000 500,000 100,000 810,686 5,560,000 $ 810,686 $6,260,000 ---------- ---------- ---------- ---------- $ $ 66,620 -0- FORM APPROVED LEGAL DEPT. ~/;~ ~/t/j/ r / Date Miami Beach Redevelopment Agency 1700 Convention Center Drive Miami Beach, Florida 33139 TO: FROM: SUBJECT: REDEVELOPMENT AGENCY MEMORANDUM NO. 91-4 April 10, 1991 Chairman and Board of Directors ~ Carla Bernabei Talarl"~ Executive Director 1991 FISCAL BUDGET On October 10, 1990, the Agency adopted Resolution No. 95-90 establishing budgets for the Agency for its fiscal year October 1, 1990 through September 30, 1991 (fiscal 1991). The Executive Director has determined that the Agency's General Fund Budget needs to be amended to properly reflect anticipated costs and to provide funds from excess revenues for the acquisition of land in the Redevelopment Area. Executive Director1s Recommendation: The Executive Director recommends that the Board of Directors adopt the amended Budget for the Miami Beach Redevelopment Agency for its 1991 fiscal year. CBT:RJN:sw au 01 .