HomeMy WebLinkAboutR-97-38RESOLUTION NO. R-97-38
A RESOLUTION OF THE CITY COUNCIL OF THE CITY OF
SEBASTIAN, FLORIDA, AMENDING RESOLUTION R-96-83
PROVIDING FOR THE REALLOCATION OF CAPITAL FUNDS
INCREASING THE AMOUNT OF FUNDING FOR SCHUMANN DRIVE
RESURFACING FOR FISCAL YEAR 1996-1997 AND DECREASING
THE AMOUNT OF FUNDING FOR BARBER STREET FOR FISCAL YEAR
1996-1997; PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, The City of Sebastian adopted a detailed Capital
Improvement Budget for fiscal Year 1996-1997 by Resolution R-96-83.
WHEREAS, the adopted Capital Improvement Budget providing
funding for the improvement and resurfacing of Barber Street and
Schumann Drive over the next three years; and
WHEREAS, it would be more cost effective to combine the
%unding originally proposed for each street for fiscal year 1996-
1997;
NOW, THEREFORE, BE IT RESOLVED by the City Council of City of
Sebastian, Indian River County, Florida as follows:
SECTION 1. The Capital Budget for fiscal year 1996-1997 is
hereby amended as follows:
Change Schumann Drive, Project ID: 23-97-001 from
thirty-five thousand one-hundred seventy dollars
to ($35,170.00) to ninety-six thousand six hundred
twenty dollars ($96,620.00);
Change Barber Street Project ID: 23-97-002 from
sixty-one thousand four hundred fifty dollars
($61,450.00) to zero ($0) dollars.
SECTION 2. This Resolution shall take effect immediately upon
its adoption.
The
Member
Member
foregoing Resolution was moved for adoption by Council
~~z;~. . The motions was seconded by Council
~./~/~_./'.~gt~ and upon being put to a vote, the vote was
as follows:
Mayor Walter W. Barnes, Mayor
Vice-Mayor Richard J. Taracka
Councilmember Louise R. Cartwright
Councilmember Larry Paul
Councilmember Ruth Sullivan
/~%/~0 .....
The Mayor thereupon declared this Resolution duly passed and
adopted this ~ day of June, 1997.
CITY OF SEBASTIAN, FLORIDA
ATTEST: /
Kathryf~M, O'H~lldran, CMC/AAE
~pproved.~"to Form and Contont:
Valerie F. Settles, City Attorney
Waiter'S:Barnes, Mayor
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