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Agenda Item 7A=VtRZi Fm , ■\ ©2z °>� d rxazn< «�. © w °+«�! «» -,« .'r (, � 2 ; : ■ + a « ±u 2 2 R\ / \ c +, i c « ;a d,e :t#«: & ' 4 \ + 3 777,E f 1 \ 2 F ± �� #\4»:5 ■ © . : /G + < »! \ d < Ma r l —M AGENDA ITEM # 7A FEBRUARY 13, 2012 ORDINANCE NO. 20-12-114 AN ORDINANCE AMENDING THE OPERATING BUDGET FOR THE CITY OF ATLANTIC BEACH, FLORIDA FOR FISCAL YEAR BEGINNING OCTOBER 1, 2011 AND ENDING SEPTEMBER 30, 2012, AND PROVIDING AN EFFECTIVE DATE. 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 has received notification from the City of Jacksonville that $55,636 of unspent funds from the fiscal year 2011 C.D.B.G. (Community Development Block Grant) program funding will be available to use for the Donner Park parking lot project. This ordinance creates a budget for those funds and 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 2011/2012 Budget to be amended as follows: COMMUNITY DEVELOPMENT BLOCK GRANT FUND Revenues: Grant Proceeds $55,636 Expenses: Parks and Recreation Capital Outlay — Park Improvements $55,636 Fund Balance $0 2. This ordinance shall take effect immediately upon its adoption. Passed by the City Commission on first reading this day of February, 2012. Passed by the City Commission on second and final reading this day of February, 2012. Mike Borno, Mayor / Presiding Officer Approved as to form and correctness: ATTEST: Alan C. Jensen, Esquire, City Attorney Donna L. Bartle, CMC, City Clerk