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HomeMy WebLinkAboutR-87-25RESOLUTION NO. 78!-25_ A RESOLUTION OF THE CITY OF SEBASTIAN, FLORIDA, PROVIDING FOR THE ADOPTION OF THE FEDERAL REVENUE SHARING BUGET FOR THE FISCAL YEAR OF 1986-87. SECTION I The City of Sebastian, Florida, does hereby adopt the Federal Revenue Sharing budget for the Fiscal year of 1986-1987. The Federal Revenue Sharing Budget shall be as follows: Carry Over Federal Grant Estimated Interest Earned $38,862.00 1,665.00 900.00 $41,427.00 Schumann Drive Traffic Light Improvements to,City Parks and Buildings-including but not Limited to. Paving of Parking Lot- Community Center Handicapped Ramp Improvement at Yacht Club Additional Costs to Schumann Drive Traffic Light $23,848.00 ± 17,579.00 ± $41,427.00 SECTION II It shall be the duty of the Director of Finance of the City of Sebastian to deposit the proceed of the Federal Revenue Sharing monies into a separate account as provided by law, and to keep such account and make payments from it as shall from time to time be directed by the City Council. SECTION III This Resolution shall be effective immediately passage. upon final ATTEST_ ~ · .... _//City Clerk (/ Cit .~~lorida B~--~--~-~- -"---~ Ma y or /~ Gene Harris,