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2012-03ORDINANCE NO. 2012 -03 AN ORDINANCE OF THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AMENDING ORDINANCE NO. 2011 -08 WHICH ORDINANCE ADOPTED A BUDGET FOR THE 2011/2012 FISCAL YEAR BY REVISING THE 2011/2012 FISCAL YEAR OPERATING AND CAPITAL BUDGET AS OUTLINED IN EXHIBIT "A" ATTACHED HERETO; AUTHORIZING THE CITY MANAGER TO DO ALL THINGS NECESSARY TO CARRY OUT THE AIMS OF THIS ORDINANCE; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, upon the periodic review and analysis of current budgetary commitments and obligations, and based upon the projected needs and requirements of the City and upon the recommendations of the City Manager (and the concurrence of the Finance Director as to Accounting Principles), it is deemed necessary to adjust, amend and implement the 2011/2012 Operating and Capital Budget as set forth in Exhibit "A" attached hereto and made a part hereof. NOW, THEREFORE, BE IT ORDAINED BY THE CITY COMMISSION OF THE CITY OF AVENTURA, FLORIDA, AS FOLLOWS: Section 1. The recitals contained in the preamble to this Ordinance are incorporated by reference herein. Section 2. The City Commission hereby authorizes the amendment of Ordinance No. 2011 -08, which Ordinance adopted a budget for the 2011/2012 fiscal year, by revising the 2011/2012 budget as set forth on the attached Exhibit "A" which exhibits are deemed incorporated by reference as though set forth in full herein. Section 3. The City Manager is hereby authorized to do all things necessary to carry out the aims of this Ordinance. Ordinance No. 2012 -03 Page 2 Section 4. Effective Date. This Ordinance shall be effective immediately upon adoption on second reading and shall be applicable retroactively from and after October 1, 2011. The foregoing Ordinance was offered by Commissioner Stern, who moved its adoption on first reading. This motion was seconded by Commissioner Weinberg and upon being put to a vote, the vote was as follows: Commissioner Zev Auerbach yes Commissioner Bob Diamond yes Commissioner Teri Holzberg yes Commissioner Michael Stern yes Commissioner Luz Urbaez Weinberg yes Vice Mayor Billy Joel yes Mayor Susan Gottlieb yes The foregoing Ordinance was offered by Commissioner Holzberg, who moved its adoption on second reading. This motion was seconded by Commissioner Stern, and upon being put to a vote, the vote was as follows: Commissioner Zev Auerbach yes Commissioner Bob Diamond yes Commissioner Teri Holzberg yes Commissioner Michael Stern yes Commissioner Luz Urbaez Weinberg yes Vice Mayor Billy Joel yes Mayor Susan Gottlieb yes PASSED AND ADOPTED on first reading this 3rd day of April, 2012. 0►: Ordinance No. 2012- 03 Page 3 PASSED AND ADOPTED on second reading this 19th day of April, 2012. ESA M. SOFjtOF�A, M 'CLERK ( j APPROVED AS TO LEGAL SUFFICIENCY: CITY ATTORNEY 3 V f M�v M - 4 i FOA.- . ,10- Mens 614114. TAFT to] Exhibit A FY 2011112 Budget Amendments GENERAL FUND (001) 2011112 Zfl11f12 - )EJECT ADOPTED AMENDED :ODE CATEGORY BUDGET "` AMOUNT Capital Outlay /Public Safety (8020 -521) 6401 Computer Equipmentb$5,000 $ 10,000 $ 330,000 $ 340,000 SUBTOTAL $ 10,000 $ 330,000 $ 340,000 Capital Outlay /Charter School (8069 -569) 6401 Playground Equipment $ - $ 90,000 $ 90,000 SUBTOTAL $ - $ 90,000 $ 90,000 Non Departmental/Capital Reserve (8090 -590) 6999 Capital Reserve $ 15,193,488 $ (420,000) $ 14,773,488 SUBTOTAL $ 15,193,488 $ (420,000) $ 14,773,488 Total Amendments - Expenditures $ - Page 1 of 1