Exh 7CAGENDA ITEM #7C
APRIL 28, 2003
CITY OF ATLANTIC BEACH
CITY COMMISSION
STAFF REPORT
Agenda Item: ORDINANCE NO. 20-03-59 AMENDING THE OPERATING
BUDGET FOR THE CITY OF ATLANTIC BEACH, FLORIDA
FOR FISCAL YEAR BEGINNING OCTOBER 1, 2002 AND
ENDING SEPTEMBER 30, 2003
Date: March 28, 2003
Submitted By: Nelson Van Liere, Finance Director
Background: On March 10, 2003, the City Commission awarded the Relocation,
Installation and Coating of Elevated Storage Tank at Water Plant 2 bid to
Gruhn May, Inc. in the amount of $337,700. On March 24, 2003, the City
Commission approved waiving the formal bidding procedures for the
installation of yard piping and electrical work, with work to be done by
Gruhn May, Inc. for $26,830 and Brooks and Limbaugh for $10,000,
respectively.
The attached budget ordinance will fund these costs from the Water Utility
Fund reserves, as previously approved by the City Commission.
Budget: This budget amendment will result in a $374,530 fund balance reduction
in the Water Utility Fund.
Recommendation: Approve Ordinance No. 20-03-59
Attachments: Ordinance No. 20-039
Reviewed by City
AGENDA ITEM #7C
APRIL 28, 2003
ORDINANCE N0.20-03-59
AN ORDINANCE AMENDING THE OPERATING BUDGET FOR THE
CITY OF ATLANTIC BEACH, FLORIDA FOR THE FISCAL YEAR
BEGINNING OCTOBER 1, 2002 AND ENDING SEPTEMBER 30, 2003.
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 City would like to fund the water tank relocation project using
the Water Utility Fund reserves, which funding was not provided for in the original
budget
NOW, THEREFORE, BE IT ENACTED BY THE CITY COMMISSION
ON BEHALF OF THE PEOPLE OF THE CITY OF ATLANTIC BEACH,
FLORIDA, that;
The Fiscal Year 2002/2003 Operating Budget be amended as follows:
Water Utility Fund
Expenses
Public Utilities
Production
Improvements - Relo Elev Water Storage Tank-WP#2
Total Expenses
Fund Balance Decrease
2. This ordinance shall take effect immediately upon its adoption.
Passed by the City Commission on first reading this day of April, 2003.
Passed by the City Commission on second and final reading this day of
April, 2003.
John S. Meserve
Mayor /Presiding Officer
Approved as to form and correctness:
Alan C. Jensen, Esquire
City Attorney
ATTEST:
Maureen King, CMC
City Clerk
374,530
374,530
<374,530>