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HomeMy Public PortalAbout16-9226 Authorizing the Funds in the Water and Sewer Revenue Reserve Sponsored by: City Manager RESOLUTION NO. 16-9226 A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF OPA-LOCKA, FLORIDA, AUTHORIZING THE CITY MANAGER TO USE FUNDS IN THE WATER AND SEWER REVENUE RESERVE AND OPERATING ACCOUNTS TO PAY SALARIES, SALARY RELATED EXPENSES AND OTHER NECESSARY OPERATING EXPENSES; PROVIDING FOR INCORPORATION OF RECITALS; PROVIDING FOR AN EFFECTIVE DATE. WHEREAS, On July 27, 2016, the City Commission of the City of Opa-locka, Florida, approved Resolutions authorizing the City Manager to use funds from the City's Water and Sewer Reserve and Operating Accounts to pay employee salaries, salary related expenses and other necessary operating expenses, as needed; and WHEREAS, The finances of the City continue to be challenged and there is a need to pay employee salaries, salary-related expenses, such as, insurance payments, retirement payments, union dues, operating expenses, etc., and; WHEREAS, Chapter 21, Article III, Division 1, Section 21-174 of the City Code of Ordinances permits the utilization of the funds in the City's Water and Sewer Reserve and Operating Accounts to pay employee salaries, salary related expenses and other necessary operating expenses, etc.; and WHEREAS, It is the best interest of the City to allow the use of the Water and Sewer Reserve and Operating Accounts surplus funds to pay City employee salaries, salaried related expenses, necessary operating expenses, etc.; 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 of the City of Opa-Locka, Florida, hereby authorizes the City Manager to use the funds in the Water and Sewer Operating and Resolution No. 16-9226 Reserve Accounts to pay employee salaries, salary related expenses, necessary operating expenses, etc. Section 3. The City Manager is to advise the Commission of the use of any funds, and provide the Commission with a plan for repayment of the funds within thirty (30) days of the transfer. Section 4. This resolution shall take effect upon adoption, and is subject to the final approval by the State of Florida Financial Oversight Board for the City of Opa-locka, FL. PASSED AND ADOPTED this 2nd day of August, 2016. L. Taylor Mayor Attest to: Approved as to form and legal sufficiency: Joa a Flores Vincent T. Brown, Esq. City Clerk The Brown Law Group, LLC City Attorney Moved by: COMMISSIONER SANTIAGO Seconded by: COMMISSIONER RILEY Commissioner Vote: 5-0 Commissioner Riley: YES Commissioner Kelley: YES Commissioner Santiago: YES Vice Mayor Holmes: YES Mayor Taylor: YES opP-Look a", i City of Opa-Locka Agenda Cover Memo Acting City Yvette Harrell ACM Signature: SOY Manager: ✓- Finance Director: Charmaine Parchment FD Signature: Department •• Director: Commission 08.02.2016 Item Type: Resointkm Ordinance Other Meeting Date: X (EnterXin box) Fiscal Impact: Ordinance Reading: id Readaig 2ad R (EnterXin box) Yes NO (EnterXin box) x Public Hearing: Yes No Yes No (Enter X in box) X X Funding Source: (Enter Fund& Advertising Requirement: Yes _No Dept) (EnterXin box) x Ex: Account#:001-101030 Contract/P.O. Yes No RFP/RFQ/Bi#: Required: (EnterXin box) Strategic Plan ' . ; No Strategic Plan Priority Area Strategic Plan 014/Strategy: Out Related X the specific objective/strategy this item will (EnterXin box) Enhance Organizational p address) Bus.&Economic Dev Public Safety D Quality of Education Qual.of Life&City Image Communcation D Sponsor Name Department: City Manager City Manager Short Title: A resolution of the City Commission authorizing the City Manager to use funds in the City's General Fund Reserve Account to pay Salaries,Salary Related Expenses and other necessary operating expenses. Staff Summary: The finances of the City continue to be challenged and there is a need to pay salaries, salary-related expenses such as, insurance payments, retirement payments, union dues, operating expenses, etc., in addition to the salaries of the employees. - s t"ai 77 dr' S t r ", '• ,�.,a. s. ..- ..._.__>sd ._ u«j. ;s.r '' }.,_ %*' it The City Manager is to advise the Commission of the use of any funds and simultaneously provide the Commission with a plan for repayment of the funds within thirty days of the transfer. 1. Resolution