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HomeMy WebLinkAboutResolution_39-05/06_01/10/2006 RESOLUTION NO. 39-05/06 A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AUTHORIZING THE VILLAGE MANAGER TO PROVIDE A LETTER TO THE FLORIDA EAST COAST RAILWAY, L.L.C. (FEC) AGAINST WHICH THE FEC CAN BILL THE VILLAGE FOR WORK RELATED TO THE REHABILITATION OF THE FEC RAILWAY CROSSING ON TEQUESTA DRIVE; APPROPRIATING UNRESERVED FUND BALANCE IN GENERAL FUND #001, INCREASING THE 2005/2006 GENERAL FUND BUDGET BY $146,640 AND AUTHORIZING THE TRANSFER-OUT OF THESE FUNDS TO THE CAPITAL PROJECTS FUND #303 TO FUND THE REHABILITAION OF THE FEC CROSSING. WHEREAS, the Village of Tequesta has received an estimate for the rehabilitation of the grade crossing on Tequesta Drive, Milepost 281+4,096' FDOT#272373Y from the Florida East Coast Railway, L.L.C. dated December 12, 2005, and WHEREAS, the Village of Tequesta has agreed to pay for any such rehabilitation in a fully executed License Agreement dated October 26, 1989 between FEC and the Village of Tequesta, which agreement is still in effect, and WHEREAS, the Florida East Coast Railway, L.L.C. (FEC) has requested that the Village provide a letter of authorization against which they may bill the Village for work to rehabilitate the crossing, and WHEREAS, the Village understands that the amount outlined in the estimate and the actual cost might be different and that the Village is responsible and will be billed for the actual costs associated with the project, and WHEREAS, this project was not budgeted in the 2005/2006 Budget, and WHEREAS, there are no excess funds available in the Capital Projects Fund #303, requiring a transfer of funds from General Fund #001 to the Capital Projects Fund #303 to fund the project, and WHEREAS, this will require appropriating $146,640 from Fund Balance in General Fund #001. NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA, AS FOLLOWS: SECTION I: The Village Council of the Village of Tequesta, Palm Beach County, Florida, authorizes a letter be sent to the Florida East Coast Railway, L.L.C. (FEC) against which the FEC can bill the Village for work related to the rehabilitation of the FEC Railway Crossing on Tequesta Drive; appropriates $146,640 of unreserved Fund Balance in General Fund #001 increasing the 2005/2006 General Fund Budget and authorizes the transfer-out of these funds to the Capital Projects Fund #303 to fund the rehabilitation of the FEC crossing and authorizes the Village Manager to proceed on behalf of the Village. THE FOREGOING RESOLUTION WAS OFFERED by Councilmember Watkins, who moved its adoption. The motion was seconded by Councilmember Paterno, and upon being put to a vote, the vote was as follows: FOR ADOPTION AGAINST ADOPTION Jim Humpage Pat Watkins Geraldine A. Genco Tom Paterno The Mayor thereupon declared the Resolution duly passed and adopted this 10th day of January, A.D, 2006. MA OF TE ~, ~~ . o ~„ im Humpage ATTEST : ,,~,~y`~~o= ~ ,7~ ~~~i i~ ~ ~~ ~ O Q ~/~ wen Carlisle _ ~~AL :D- INCORPORATED: Village Clerk ~~'~; ;~G ,~: ~'~y~` F4 19 \Q```~ N 5. ~ i~~~~'~:OF'~ ; OQ````~