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Ordinance No. 20-15-129 v ORDINANCE NO. 20-15-129 AN ORDINANCE AMENDING THE OPERATING BUDGET FOR THE CITY OF ATLANTIC BEACH, FLORIDA FOR FISCAL YEAR BEGINNING OCTOBER 1, 2014 AND ENDING SEPTEMBER 30, 2015, 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 of Atlantic Beach and the City of Jacksonville have negotiated a release and settlement agreement for the payment of past due landfill disposal fees in the amount of$322,709 and setting a percentage discount disposal rate of 50% for the disposal of sludge from the sewer plant going forward, and WHEREAS,the City of Atlantic Beach did not include the funding of this agreement in the adoption of the original Fiscal Year 2015 Annual Operating Budget and therefore must amend the budget to have sufficient amounts within the Sanitation Fund to pay the City of Jacksonville. 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 2014/2015 Budget to be amended as follows: GENERAL FUND Expenses: Non-Departmental—Transfers Out $322,709 Total Expenses: $322,709 Fund Balance <$322,709> SANITATION FUND- Revenues: Transfer from General Fund $322,709 Expenses: Settlements $322,709 Total Expenses: $322,709 Fund Balance: $0 2. This ordinance shall take effect immediately upon its adoption. Passed by the City Commission on first reading this 6 day of jaNtik r i2015. Passed by the City Commission on second and final reading this 9 day of re-br.,0)2015. A /I 1 CAROLYN WOODS Mayor/Presiding Officer Approved as to form and correctness: ATTEST: `Y44421, radj5ff-Z-d RICHA KOMANDO, ESQUIRE DONNA L. BARTLE,CMC City Attorney City Clerk