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90-10 v RESOLUTION NO. 90-10 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. 90-03 be approved for the 1989-90 budget. Adopted by the City Commission June 25, 1990. * * * * * * * * * * t * r , L �`A illiam I. Gullifor:, Jr. , Pr:siding Officer Approved as to form and correctness: lan Jensen ty Attorney ATTEST: Maurden King, City Clerk G CITY OF ATLANTIC BEACH BUDGET ADJUSTMENT NUMBER: 90-03 EFFECTIVE DATE : 06-25-90 FUND: General Fund EXPENDITURES REVENUES ACCOUNT NO . ACCOUNT TITLE DEBIT CREDIT DEBIT CREDIT 01-572-6100 Land 20, 800 01-271-01* Beginning Fund Balance 20, 800 TOTALS 20, 800 0 0 20, 800 EXPLANATION: To provide additional funds necessary for the purchase of Thelma Griffin ' s property in excess of the amounts remaining in the grant funds received from the City of Jacksonville ( $44 , 835 ) . PREPARED BY: Harry E . Royal , Finance Director INITIATED BY: Kim D . Leinbach, City Manager COMMISSION ACTION REQUIRED: Yes DATE PREPARED : 06-22-90 * - Cash Reserves