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Item 7b AGENDA ITEM # 7B AUGUST 23, 2010 ORDINANCE NO. 20-10-105 AN ORDINANCE AMENDING THE OPERATING BUDGET FOR THE CITY OF ATLANTIC BEACH, FLORIDA FOR FISCAL YEAR BEGINNING OCTOBER 1, 2009 AND ENDING SEPTEMBER 30, 2010. 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, and WHEREAS, the City proposes to construct improvements to the Beaches Veterans Memorial Park using donated funds from the Oceanside Rotary Club, the VFW Post 3270 as well as funds from the City of Jacksonville, WHEREAS, the Town Center Agency has agreed to fund additional holiday lighting for the Town Center area including the purchase, installation, removal and off- season storage of additional decorations. 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 2009/2010 Budget be amended as follows: GENERAL FUND Revenues: Contributions - Town Center Agency $36,900 Total Revenues Expenses: Public Works- Operating Expenses Contract Services $36,900 Fund Balance: $0 GOVERNMENTAL CAPITAL PROJECT FUND Revenues: Intergovernmental Revenues from City of Jacksonville $50,000 Donations VFW Post 3270 12,500 Donations Oceanside Rotary Club 12,500 Total Revenues $75,000 AGENDA ITEM # 7B AUGUST 23, 2010 Expenses: Parks and Recreation - Capital Outlay Improvements Other than Buildings $75,000 Fund Balance: $0 2. This ordinance shall take effect immediately upon its adoption. Passed by the City Commission on first reading this 9th day of August, 2010. Passed by the City Commission on second and final reading this day of August, 2010. Mike Borno Mayor / Presiding Officer Approved as to form and correctness: ATTEST: Alan C. Jensen, Esquire Donna L. Bartle, CMC City Attorney City Clerk Ordinance No. 20-10 -105 Page 2 of 2