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<br />F. Debt Service Fees ($200) <br /> <br />The increase in expenditures will be balanced by funds from Building Department's and Pelican <br />Community Park's Temporary Staff budget and the Other Post-Employment Benefit account. <br /> <br />Capital Improvement Proiects (CIP) Fund (20) <br /> <br />The CIP Fund amendments are for the completion of several projects and transfers to the <br />Stormwater Fund and the Land Bank Fund: <br /> <br />G. Collins Avenue Streetscape ($223,000) - This increase is due to the additional scope in <br />work. <br /> <br />H. Atlantic Avenue ($300,000) - This increase is due to the additional scope in work. <br /> <br />I. Land-Sunny Isles Blvd ($400,000) - This is to account for third party legal expenses incurred <br />during the eminent domain case. <br /> <br />J. Demolition ($54,200) - This is to account for the costs to demolish 215 Sunny Isles Blvd <br />building. <br /> <br />K. Collins Streetscape: 168th_1715t ($209,000) -- To account for the streetscape improvements. <br /> <br />L. Collins Streetscape: 172nd -174th ($50,000) -- To budget for the streetscape improvements. <br /> <br />M. Collins Streetscape: South of SIB 172nd_174th ($80,000) -- To budget for the streetscape <br />improvements. <br /> <br />N. 287 SIB Entrance ($19,020) -- To budget for the construction of the entrance to 287 Sunny <br />Isles Blvd property. <br /> <br />O. Transfer Out-Stormwater Fund ($1,275,000) -- This transfer is to write off $1,275,000 ofthe <br />$2.5M Stormwater Loan. The $1.275M is accounted for by budgeting eligible elements of the <br />FY 2010/2011 capital projects against the Stormwater Capital Projects Fund, which was funded <br />by the $3.5M bond proceeds. <br /> <br />P. Transfer Out- Land Bank Fund ($3,777,801) -- This transfer is to fund the Land Bank's <br />deficit and to close out the Land Bank Fund. <br /> <br />The $6,388,021 in budget amendments will be balanced with the defunding of current budgeted <br />projects. Those defunded projects that require funding in the out years have been budgeted <br />accordingly in the respective years. <br /> <br />Land Bank Fund (50) <br /> <br />The Land Bank Fund amendments consist of a total upward adjustment of $4,687,857. These <br />amendments will close the fund in FY 09/1 O. All future related transactions will occur in the <br /> <br />R2010- Budget Amendment No BA0910-007 FY 09-1 0 Page 2 of 4 <br />