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O75-28ORDINANCE NO. 75-28 AN ORDINANCE OF THE CITY OF BOYNTON BEACH, FLORIDA, AMENDING SECTION 2-61 OF CHAPTER 2 OF THE CODIFIED ORDINANCES OF SAID CITY BY AMENDING SUBSECTION 2-61 (b) AND BY ADDING SUBSECTION 2-61 (e), PROVIDING FOR THE TRANSFER OF FUNDS BETWEEN THE GENERAL FUND AND THE OPERATING CAPITAL IMPROVEMENTS FUND WHEN DEEMED FEASIBLE BY THE CITY COUNCIL; PROVIDING FOR AUTHORITY TO CODIFY, SAVINGS CLAUSE, REPEALING PROVISIONS, AN EFFECTIVE DATE AND FOR OTHER PURPOSES. WHEREAS, the City Council of the city of Boynton Beach, Florida, deems it advisable and necessary for the efficient operation of said City to amend Section 2-61 of Chapter 2 of the codified Ordinances of said city as hereinafter provided. NOW, THEREFORE, BE IT ORDAINED BY THE CITY THE CITY OF BOYNTON BEACH, FLORIDA: Section 1: That Paragraph (b) of Section ~odified Ordinances of the city of Boynton Beach, lnd is hereby amended to road as follows: COUNCIL OF 2-61 of the Florida, be "(b) Whenever deemed feasible from time to time by the city Council, any portion of the unappropriated funds at the close of each fiscal year may be trans- ferred and revert to the Operating capital Improve- ments Fund." Section 2: That Section 2-61 of Chapter 2 of the codified )rdinances of the City of Boynton Beach~ Florida, be and is ~mended by adding an additional Paragraph (e) to read ~s follows: "(e) Whenever deemed feasible from time to time by the City Council, any portion of the funds remaining in the Operating capital Improvements Fund at the close of each fiscal year, excepting therefrom all appropriated or encumbered funds, may be transferred and revert to the General Fund." to Codify: Specific authority is incorporate this Ordinance in the Each of the provisions of this Section 3. Authority ranted to codify and existing Code. Section 4. Separability: City's 9rdinance are separable, including word, clause, phrase or sentence, and if any portion thereof shall be declared invalid, the remaining portion shall not 'be affected but shall remain in full force and effect. S~on 5. Repealing ProVisions: Ail ordinances or parts of ordinances in,conflict herewith are hereby repealed. Section 6. Effective Date: This Ordinance shall become effective ~in ~the manner and at the time pr.ovided in the Charter and Ordinances of the City of Boynton Beach, Florida. First reading this day of , 1975. S~cond, final reading and passage this ~ day of CITY OF BOYNTON BEACH, FLORIDA _~~VzMaY°r / ATTEST: City Clerk -2-