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Exh 7A~. 7A ~o-z5-99 ORDINANCE NO. 20-99-44 AN ORDINANCE AMENDING THE OPERATING BUDGET FOR THE CITY OF ATLANTIC BEACH, FLORIDA FOR FISCAL YEAR 1999/2000 BEGINNING OCTOBER 1, 1999 AND ENDING SEPTEMBER 30, 2000. 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. 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 1999/2000 Final Budget be Amended as follows: GENERAL FUND Expenses: Public Works Department Streets Division Improvements 00150025416300 $122,600 STORM WATER UTILITY FUND Expenses: Public Works Department Storm Water Division Improvements 47000005386300 $300,000 Description: The above increases in the Public Works Department Operating Budget reflect the funding required for the staff recommendation to award bid number 9899-25 for Storm Water System Improvements. The recommendation is to award bid number 9899-25 to Petticoat Contracting for a total of $422,600. All but 72,600 of this amount was available at year end, but because the bid was not awarded, the funds did not carry forward for this project. The $72,600 was to be added to the fiscal year 1998/99 Operating Budget by a resolution proposed at the September 27~' Commission Meeting. This amendment was not approved. The above amendments will re-budget the entire project plus add the additiona172,600 to the fiscal year 2000 Operating Budget. 2. This ordinance shall take effect immediately upon its adoption. Passed by the City Commission on first reading this day of October, 1999. Passed by the City Commission on second and final reading this day of October, 1999. Suzanne Shaughnessy Mayor /Presiding Officer Approved as to form and correctness: Alan C. Jensen, Esquire City Attorney ATTEST: Maureen King, CMC City Clerk