HomeMy WebLinkAboutResolution_12-19_04/11/2019 RESOLUTION NO. 12-19
A RESOLUTION OF THE VILLAGE COUNCIL OF THE VILLAGE OF
TEQUESTA, FLORIDA, INCREASING THE FISCAL YEAR 2018/2019
STORMWATER UTILITY FUND #403 BUDGET BY APPROPRIATING
FUND BALANCE IN THE AMOUNT OF $48,350.00 TO FUND A
STORMWATER UTILITY REVENUE SUFFICIENCY AND RATE
EVALUATION AND AWARDING A CONTRACT, IN THE SAME
AMOUNT, TO HIMLEY-HORN AND ASSOCIATES TO PREPARE THE
EVALUATION; PROVIDING FOR SEVERABILITY; PROVIDING AN
EFFECTIVE DATE,AND FOR OTHER PURPOSES.
WHEREAS, the Village recognizes the need to perform a Stormwater Utility Revenue
Sufficiency and Rate Evaluation to provide an in-depth look at their current stormwater
utility rate structure and revenue generation in support of upcoming capital/renewal and
replacement projects; and,
WHEREAS, the contract will be performed by the Village's engineering firm of record,
Kimley-Horn; and,
WHEREAS, Kimley-Horn will engage Public Resources Management Group, Inc.
(PRMG) as their subconsultant for the performance of the financial aspects of this
project; and,
WHEREAS,the appropriation of Fund Balance is required to fund this study; and,
WHEREAS, the following accounts will be increased:
Revenues
Appropriate Fund Balance, 403-990-399.999, $48,350.00
Expenditures
Other Contractual Services, 403-250-534.300, $48,350.00
NOW, THEREFORE, BE IT RESOLVED BY THE VILLAGE COUNCIL OF THE
VILLAGE OF TEQUESTA, PALM BEACH COUNTY, FLORIDA,AS FOLLOWS:
Section 1 Resolution No. 12-19 is hereby approved increasing the Fiscal Year
2018/2019 Stormwater Utility Fund #403 Budget by appropriating Fund Balance in the
amount of $48,350.00 to fund a Stormwater Utility Revenue Sufficiency and Rate
Evaluation; providing for severability; providing an effective date; and for other
purposes.
Section 2 This Resolution shall become effective immediately upon passage.
RESOLUTION Date
12-19 04/11/2019
Motion Vice-Mayor Kristi Johnson Second Council Member Kyle Stone
VOTE
FOR ADOPTION AGAINST ADOPTION ABSENT
Mayor Abigail Brennan � � �
Vice-Mayor Kristi Johnson � � �
Council Member Vince Arena � � �
Council Member Laurie Brandon � � �
Council Member Kyle Stone � � �
The Mayor thereupon declared the Resolution duly passed and adopted.
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Ab gail renna Lori McWilliams,MMC
Village Clerk