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Ordinance No. 20-00-50 v ORDINANCE NO. 20-00-50 0 AN ORDINANCE AMENDING THE OPERATING BUDGET FOR THE CITY OF ATLANTIC BEACH, FLORIDA FOR FISCAL YEAR 2000/2001 BEGINNING OCTOBER 1,2000 AND ENDING SEPTEMBER 30,2001. WHEREAS,the City Charter of the City of Atlantic Beach requires that the City Commission approve all budgetary increases and transfers at the fund level,and WHEREAS,the nature of budgetary systems and those day to day decisions affecting such budgetary systems require adjustments from time to time. NOW,THEREFORE,BE IT ENACTED BY THE CITY COMMISSION ON BEHALF OF THE PEOPLE OF THE CITY OF ATLANTIC BEACH,FLORIDA, that; 1. The Fiscal Year 2000/2001 Final Budget be amended as follows: Sewer Utility Fund Expenditures: Atlantic Beach Division Capital Outlay Infrastructure Improvements 410-4101-535-63-00 $516,000 Buccaneer Division III Capital Outlay Infrastructure Improvements 410-4401-535-63-00 $160,000 Total Expenditures $676,000 Change in Fund Balance Reserves <$676,000> Description: To appropriate additional funds for sewer utility projects in accordance with the Sewer Master Plan recommendations funded by fund balance unrestricted reserves. 2. This ordinance shall take effect immediately upon its adoption. Passed by the City Commission on first reading this'7aay of November, 2000. S .1,1".rvi,fhey Zoo! ' N.sed by the City Commission on second and final reading this—day of Heeernber,-2000' di k li JorMes- e Ma . 'resAng Officer A. 'roved as .. form and correctness: ATTEST: OAte;./ ,_ ritaAAALe44- lan C. !:en, Esquire Maureen King, CMC 0 City i ey City Clerk