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HomeMy Public PortalAbout16-9204 Fund Payroll from the Water and Sewer Fund Reserves Sponsored by: City Manager RESOLUTION NO. 16-9204 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF OPA-LOCKA, FLORIDA, AUTHORIZING THE CITY MANAGER TO FUND PAYROLL FROM THE WATER AND SEWER FUND RESERVES; PROVIDING FOR INCORPORATION OF RECITALS; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, The City of Opa-locka, Florida, requires immediate measures in order to fund future payroll of employees' salaries; and WHEREAS, The City Commission finds that it is vital to the City's financial welfare to allow the City Manager to access funds in the water and sewer reserve accounts in order to fund future payroll of employees' salaries; and NOW THEREFORE, BE IT RESOLVED THAT THE CITY COMMISSION OF THE CITY OF OPA-LOCKA, FLORIDA: Section 1. The recitals to the preamble herein are incorporated by reference; Section 2. The City Commission hereby authorizes the City Manager to access the water and sewer reserve accounts to fund future payroll of employees' salaries for the remainder of Fiscal Year 2015-2016. Section 3. The City Manager is required to bring back to the City Commission a repayment plan within 30 days of the date of this resolution. Section 4. This Resolution shall take effect immediately upon adoption. PASSED AND ADOPTED this 20th day of Tune, 2016. / Alt/ yra . Ta '•r Mayor Resolution No. 16-9204 Attest to: Approved as to form and legal sufficiency: J•1 na Flores Vincent T. Brown, Esq. City Clerk The Brown Law Group, LLC City Attorney Moved by: COMMISSIONER KELLEY Seconded by: COMMISSIONER SANTIAGO Commissioner Vote: 4-0 Commissioner Kelley: YES Commissioner Santiago: YES Vice Mayor Holmes: YES Mayor Taylor: YES 2