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Agenda Item 7DAGENDA ITEM # 7D AUGUST 12, 2013 ORDINANCE NO. 20-13-124 AN ORDINANCE AMENDING THE OPERATING BUDGET FOR THE CITY OF ATLANTIC BEACH, FLORIDA FOR FISCAL YEAR BEGINNING OCTOBER 1, 2012 AND ENDING SEPTEMBER 30, 2013, 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 is amending the budget to add funds for construction of Phase 1 A of the Marsh Preserves Multipurpose Path, which will provided a fully ADA accessible path from the Tideviews Preserve Parking Lot to the boardwalk leading to Sunset Pier, 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 2012/2013 Budget to be amended as follows: CONVENTION DEVELOPMENT TAX FUND Revenues: Grant Proceeds $17,500 Expenses: Parks and Recreation Capital Outlay - $35,000 Total Expenses: $35,000 Fund Balance <$17,500> 2. This ordinance shall take effect immediately upon its adoption. Passed by the City Commission on first reading this 8th day of July 2013. Passed by the City Commission on second and final reading this 12th day of August 2013. Mike Borno Mayor / Presiding Officer Approved as to form and correctness: ATTEST: Alan C. Jensen, Esquire Donna L. Bartle, CMC City Attorney City Clerk