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93-52 v RESOLUTION NO. 93-52 A RESOLUTION TRANSFERRING CERTAIN MONIES BETWEEN FUNDS WHEREAS, the City Charter of the City of Atlantic Beach requires that the City Commission approve all budgetary increases and transfers from one fund to another, and WHEREAS, the nature of budgetary systems and those day to day decisions affecting such budgetary systems require adjustment from time to time. NOW, THEREFORE, BE IT RESOLVED by the City Commission of the City of Atlantic Beach, that the attached Budget Adjustment No. BA 94-03 be approved for the 1993-94 budget. Adopted by the City Commission November 8, 1993. Lyman T. Fletcher Mayor/Presiding Officer Approved as to form and correctness: Z.Ai, , ; i/an C. J';ren, Esquire City At /• ney A T T E S T: 1--. Mau een King City Clerk CITY OF ATLANTIC BEACH BUDGET ADJUSTMENT NUMBER: BA 94-03 EFFECTIVE DATE: 11/08/93 FUND: GENERAL ESTIMATED APPROPRIATIONS REVENUES ACCOUNT NO. ACCOUNT TITLE DEBIT CREDIT DEBIT CREDIT 001-0000-389-0000 Authorized Use of Fund Balance. 7,000 001-1009-519-6100 General Government-Land 7,000 TOTALS 0 7,000 7,000 0 EXPLANATION: (1) Upon final resolution of judgement in the Blackard case regarding beach access at 16th street,the City is obligated to pay$7,000. This is an unbudgeted expenditure that pertains to years past. We are requesting authorization to use fund balance from the General Fund to pay for this unanticipated and at this point unavoidable expenditure. APPROVED BY: Kim Leinbach, City Manager PREPARED BY: Kirk Wendland, Finance Director INITIATED BY: COMMISSION ACTION REQUIRED: YES DATE PREPARED: 11/03/93