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R-18-08 1st Qtr Budget AmendmentRESOLUTION NO. R-18-08 A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA AMENDING THE BUDGET FOR THE FISCAL YEAR BEGINNING OCTOBER 1, 2017 AND ENDING SEPTEMBER 30, 2018 AS PROVIDED FOR IN EXHIBIT "A"; PROVIDING FOR CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, an analysis of the revenues and expenditures for the three (3) months that ended on December 31, 2018 indicated that certain budget adjustments needed formal approval by the City Council; and WHEREAS, the City Council and City Manager have previously approved any other necessary adjustments in accordance with the Annual Budget Resolution; NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, THAT: Section 1. The budget of the City of Sebastian, Indian River County, Florida for the Fiscal Year beginning October 1, 2017 and ending September 30, 2018 be formally amended as necessary, a summary of such amendments being attached hereto and more particularly identified as Exhibit "A", the revised appropriations, if any, are set out therein and are hereby made to maintain and cavy on the government of the City of Sebastian, Indian River County, Florida. Section 2. All resolutions or parts of resolutions in conflict herewith are hereby repealed. Section 3. This Resolution shall become effective immediately upon its adoption. It was moved for adoption by Councilmember McPartlan The motion was seconded by Councilmember Kinchen was as follows: Mayor Jim Hill aye Vice Mayor Linda Kinchen aye Councilmember Bob McPartlan aye Councilmember Ed Dodd aye Councilmember Albert Iovino ave and, upon being put to a vote, the vote The Mayor thereupon declared this Resolution duly passed and adopted this 14'h day of March 2018. ATTEST: anette Williams, MMC City Clerk: CITY OF SEBASTIAN, FLORIDA Hill Approved as to form and content for reliance_by-the CityX Sebastian only: l James'b. Stokes City Attorney EXHIBIT "A" of RESOLUTION R-18-08 SUMMARY OF BUDGET CHANGES FOR THE QUARTER ENDED DECEMBER 31, 2017 Additional Chanaes Submitted for Citv Council Approval: Amounts Adjustment from Equipment & Facilities Reserve to replace Fiber for the Broadcasting Room. Amounts Chanaes Authorized by City Manager: Adjustment from Equipment & Facilities Reserve to replace Electric Receptacles to U.S. 1 Poles. Adjustment to record adjustment to Taxiway D&E Project to reduce grant and match requirement. $ 75,368 Adjustment to use funds from the Engineering Division for a Major League Bass Fishing Tournament. $ 5,000 Adjustment between CRA accounts to cover engineering services needed for Wayfinding Signage. $ 3,000 Adjustment for projects carried forward from prior years (Police Evidence Garage, Working Waterfront, $ 1,125,086 Football Restrooms, Septic -Sewer Grants, Oyster Pointe Drainage and other lesser Projects. $ Adjustment to Sign & Landscape Grant Program to allocate a target amount of $30,000 funds per year. $ 30,000 Adjustment in Non -Departmental accounts for appraisal on 1215 Indian River Drive. $ 2,000 Adjustment to Public Works for reorganization to add employees specifically assigned to Stormwater. $ 268,463 Chanaes Approved by City Council: Amounts Adjustmentto move Additional Compensation funds to Departments receiving incentives and bonuses. $ 48,211 Additional Chanaes Submitted for Citv Council Approval: Amounts Adjustment from Equipment & Facilities Reserve to replace Fiber for the Broadcasting Room. $ 1,879 Adjustment from Equipment & Facilities Reserve to replace Electric Receptacles to U.S. 1 Poles. $ 3,900 Adjustment from Equipment & Facilities Reserve to replace Air Conditioning Unit at Police Department. $ 39,721 Adjustment from Equipment & Facilities Reserve to replace Mower for Cemetery. $ 8,491 Adjustment from Equipment & Facilities Reserve to replace Playground Structure at Riverview Park. $ 13,583 Adjustment from Equipment & Facilities Reserve to replace Wood Mulch for Playgrounds. $ 11,558 Adjustment from Equipment & Facilities Reserve to replace Roof on Concession Building at BSSC. $ 5,970