HomeMy WebLinkAboutResolution_92-04/05_09/07/2005RESOLUTION NO. 92-04/05
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE
OF TEQUESTA, PALM BEACH COUNTY, FLORIDA,
APPROPRIATING UNRESERVED FUND BALANCE IN GENERAL
FUND #001, INCREASING THE 2004/2005 GENERAL FUND
BUDGET $19,494, INCREASING THE BUDGETED AMOUNTS IN
ACCOUNT(S) "VOT PENSION CONTRIBUTIONS" BY $19,494
AND AUTHORIZING THE VILLAGE MANAGER TO PROCEED ON
BEHALF OF THE VILLAGE.
WHEREAS, Gabriel, Roeder, Smith & Company,
Consultants & Actuaries for the Village of Tequesta
General Employees Pension Trust have determined
that actual contributions to the Village of
Tequesta's General Employees Pension Trust Fund for
fiscal year ending 9/30/2004 were less then the
required amount and,
WHEREAS, The amount of the increase for the
required contribution is $19,494 which includes
interest from October 1, 2004 through September
2005,
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL
OF THE VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA,
AS FOLLOWS:
SECTION 1: A Resolution appropriating $19,438.06 of
Unreserved Fund Balance in the General Fund #001, to
increase the 2004/2005 General Fund Budget and to
increase the amount contributed to the General Employee
Pension Trust by that amount and to authorize the
Village Manager to proceed on behalf of the Village.
THE FOREGOING RESOLUTION WAS OFFERED by Councilmember
Vice Mayor Watkins, who moved its adoption. The motion
was seconded by Council Member Resnik, and upon being
put to a vote, the vote was as follows:
FOR ADOPTION AGAINST ADOPTION
Jim Humpage
Pat Watkins
Geraldine A. Genco
Edward D. Resnik
Tom Paterno
The Mayor thereupon declared the Resolution duly passed
and adopted this 7`h day of September, A. D, 2005.
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INCORPORATED
wen Carlisle %N:
Village Clerk ~~~ ~~;GNE4 ~9;'.~ ~0~~
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