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<br />RESOLUTION NO. 2001- 3~~ <br /> <br />A RESOLUTION OF THE CITY COMMISSION OF THE CITY OF <br />SUNNY ISLES BEACH, FLORIDA, ESTABLISHING THE CITY <br />MANAGER'S FINANCIAL ADVISORY COMMITTEE AND <br />APPROVING APPOINTMENT OF THREE MEMBERS TO SAID <br />COMMITTEE; PROVIDING FOR AN EFFECTIVE DATE. <br /> <br />WHEREAS, the City Manager has had to make significant financial recommendations <br />over the past year to the City Commission with regard to major issues such as the cancellation of <br />the City Hall project on Sunny Isles Boulevard; and <br /> <br />WHEREAS, the City Manager has had to spend considerable time and effort on long- <br />range financial projecting and planning for the City with the assistance of the City's independent <br />auditors and finance staff; and <br /> <br />WHEREAS, the City Manager desires to tap into the expertise of an informal group of <br />citizens to assist the Manager in making future financial decisions facing the City, the least of <br />which may include the down turn in the State economy and its effects on City revenues (other <br />than the ad valorem tax), which are all based on the success of the business sector; and <br /> <br />WHEREAS, the City Manager wishes the approval of the City Commission for the <br />creation of this committee. <br /> <br />NOW, THEREFORE, BE IT RESOLVED BY THE CITY COMMISSION OF THE <br />CITY OF SUNNY ISLES BEACH, FLORIDA, AS FOLLOWS: <br /> <br />Section 1. Establishment of Committee. A three member City Manager's Financial <br />Advisory Committee be hereby established to serve at the pleasure of the City Manager and <br /> <br />Section 2. Appointments of Members. The City Commission hereby appoints the following <br />individuals to the committee: Commissioner Norman S. Edelcup of244 Atlantic Avenue, Carlos <br />Menendez of 3926 194th Lane, and George "Bud" Scholl of 334 Atlantic Avenue, to meet as <br />needed when called upon by the City Manager. <br /> <br />Section 3. <br /> <br />Effective Date. This resolution will become effective upon adoption. <br /> <br />PASSED and ADOPTED this 16th day of October, 2001. <br /> <br /> <br />Page 1 of2 <br /> <br />Financial Advisory Committee Creation <br />